In 2013, 1Life Direct Insurance officially changed its name to 1Life Insurance. There was nothing radical about that and indeed, the company continues to have the same DNA that has made it one of South Africa’s leading life insurance companies.
The 1Life Insurance Company is owned by the Telesure Group, and provides the general life insurance solutions for the Group’s other insurance service providers. Key to 1Life’s success in the past few years has been its insistence on direct insurance. They have no middlemen, and your policy is handled directly by the company. This has allowed them to promote technologies like managing your life insurance policy online. This goes a long way to being efficient, thus winning many accolades for outstanding customer service.
Insurance quotes from 1Life have been made easy to access via the internet. With these quotes are the following life insurance products –
Pure Life Cover is a product available to persons between 18 and 65 years old. This is the most comprehensive life insurance that 1Life offers, and covers you and your beneficiaries to a total of R10,000,000. That amount is payable upon your death, where R50,000 is made available immediately for your funeral. Also, R5,000 can be set aside for a memorial benefit. This goes to buying a tombstone for you, thereby ensuring your final resting place is as dignified as possible.
Seeing that taking out life insurance at 18 years for example, is a different issue than when you take it out at decade later, by which time you might be married, 1Life gives you the option to increase your life cover to reflect your changing lifestyle. This is called the Assurability benefit.
And like other life insurance companies, 1Life insures you for terminal illnesses and disability. In the unfortunate event that you are diagnosed with a terminal illness and are expect to die within the next 12 months, the full benefits of your life insurance are paid out to you in cash.
1Life Insurance Contact Details
0860 10 53 40
Life insurance terms explained easily – click here for more!