Affordable life insurance doesn’t have to mean bad service, limited coverage, or any of the things that are associated with affordability. On the contrary, 1Life Insurance is a good example of how a life insurance company should be. The life insurer was established in 2006 at the Telesure Group’s first life insurance company in South Africa.
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More about 1Life Insurance South Africa
1Life gives you direct contact with them, and has eliminated the broker system that other life insurers have, and this ultimately gives you control over your life insurance needs. 1Life has various life insurance products under its portfolio, and they are as follows –
- R10,000 life insurance cover
- Premiums from as little as R105 per month
- Fixed premiums for the first 24 months
- Immediate cover for natural and accidental death. There is however, a waiting period of 24 months for suicides.
- The Pay Now benefit from 1Lif Insurance ensures that your family receives at least R50,000 when they have made a successful claim upon your death. This will go towards your funeral expenses.
- If you are diagnosed with a terminal disease after you have taken your policy, and your doctor expects your life expectancy to be within the next 12 months, your full life insurance cover will be paid out in full.
The above are the main benefits of having a life insurance policy with 1Life. Through the Telesure Group, 1Life Insurance extends also extends its life cover to its sister companies. For example, Budget Insurance is mainly focused on car insurance, however, it is growing in the arena of life insurance with the help of 1Life.
Other benefits from this life insurer include free HIV testing and counselling if you are diagnosed with the disease. This is important as your health is arguably the most important variable that determines your life insurance premiums.
So, you can get a quote online, manage your policy, and make claims online with 1Life. That’s got to be a good reason to consider being a client of them.
1Life Insurance Contact Details
www.1life.co.za
0860 10 53 40