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Company overview
Assupol Life is an authorized provider of comprehensive life insurance with products that are focused on life savings, funeral, and retirement annuity for people from the lower and the middle-income groups. With a 76% market share in the government sector, Assupol Life is designed to protect your family from the effects of the ever-rising costs of living.
Company History
Established in 1913 originally as a burial society for the employees of the government and the police force, we have forayed over the years into insurance meant for the general public. Today, we specialize in tailor made insurance products for those hailing from the lower and the middle-income groups. Our motto is “Serving those who serve”. And because we know our clients well and what their needs are, we have prepared tailor made solutions especially for them. We are the pioneers in South Africa in a 48 hour claim turnaround that has now become a trend.
Company Activity
Assupol on Call and On Call Plus
The Assupol on Call caters to your need for support in case of bereavement, the transportation of a person that has passed away along with information on financial and medical matters. You can upgrade to the Assupol on Call Plus by paying just a small fee of R10per month for every life insured and get these exciting extra benefits.
Products
Funeral Insurance – Give your near and dear one a decent burial with our funeral insurance policy. Of course, the loss of a near and dear one is by itself a traumatic experience. But, if your family is left without enough money to give you a decent burial, then they would have to cope with a financial crisis in order to do so. A funeral insurance plan will ensure that your funeral expenses are locked in, so that your family need not worry about the rising funeral costs while giving you the burial you deserve.
Life Insurance –Who will take care of your family, if something unfortunate happens to you in the future? If the question bothers you, then opting for a life cover is the answer. Be it income loss due to the loss of your job or the lack of money to handle the rising costs, taking a life cover will ensure that you enjoy the maximum benefits at a minimum cost.
Savings Products –Everyone is well aware that variety is the spice of life. Our choice of savings products gives you no shortage of options when it comes to saving money – be it for the future of your child or for meeting any other unforeseen expense.
Retirement Annuity –Want to save up for your second innings in life? Then, the key to do so is to plan ahead in order to make your second childhood matter. Plan your future with us by investing just R180 every month and you can make a huge difference to your retirement. Don’t delay – start planning for your retirement today.
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