How to Find the Best Insurance Company in South Africa for the best deal

Picking an insurance company is one of the biggest financial decisions that you’ll ever have to make. So who is the best insurance company in South Africa?

You want to choose the best insurance cover that you can afford so that you and your family get protection.

If this is the first time you’re buying life insurance,  then you may well be asking, “What is insurance?”

Every month you pay an insurer to safeguard yourself against uncertainty. These firms bring you peace of mind.

They take on the risk that if something happens to you, your family will be looked after, therefore, they won’t be in financial trouble in the event of your death or injury.

The best insurance company in South Africa is the one that meets your needs

The best insurance company in South Africa

Before you pick an insurer, you need to decide what you can spend on policies every month.

You have to find a policy that covers your needs so that you aren’t under or over-insured. Once you’ve figured out the type of insurance you want, then you have to find someone to insure you.

South Africa has dozens of insurance companies, and this makes the task of choosing an insurer quite hard. There are a number options to help you find the best company. Go online and get free Life Insurance quotes now!

Put the time in to do research and get the cover you want

  • Ask friends, family and colleagues, however; insurance is a personal choice and what works for someone else might not work for you. Asking is a good way to find out how a company treats its clients and their overall customer service.
  • Use insurance comparison websites. These sites quickly rate different insurers so you can easily compare policies and decide which one offers the most fitting cover for your needs.
  • Hiring a financial broker is also an option. They do the hard work and then recommend the best insurance company in South Africa based on your specific risks and their expert knowledge.

The best insurers aren’t always the most expensive 

Often people are too lazy to research firms and their policies thoroughly, and they select the first option that comes up. Or they pick the same insurance that a friend, family member or colleague has.

You also have a choice between direct insurance, where you deal with an agent employed by the insurance company. Or through a broker, who is independent and who can provide you with comparative quotes.

To get a FREE life insurance quote just fill in the form on this page.

Try to choose a company that has an online platform as this will save you time and money. You can submit your claims over the Internet rather than having to go to the company’s office.

Once you have picked the best insurance firm for your specific needs, you should keep yourself informed about the latest developments in the insurance industry.

It’s also important to have an annual review of your policy to make sure that you have the best cover at the right price. Read all the small print and understand the exceptions and additions before you sign anything.

All info was correct at time of publishing