Country of Operation
Target income level
- Bottom 20%
- Lower-middle income (20-40%)
- Middle-income (40-60%)
- Higher middle-income (60-80%)
- High-income (80-100%)
- Noncommunicable disease(s)
SummaryAllLife provides simple, affordable life and disability insurance for HIV Positive or Diabetic individuals. The services are offered with a no waiting period and up to R10 million cover available. Premiums are available from R130 per month.
AllLife’s mission is to design and deliver innovative, affordable products to the neglected life insurance market segments in South Africa.
Key program components
AllLife’s innovative products use a continuous underwriting approach to deliver affordable cover to people who manage their health appropriately. The scheme routinely reminds policyholders of their health commitments, and alerts them to potential health concerns so that they can take appropriate action to maintain their wellbeing.
HIV Life Cover: In 2005, AllLife was the first company in the world to offer whole life cover to HIV positive individuals. The life products provide cover in the event of death of the life insured, whether this was due to an accident or a health related issue. * Advantage Term Life is AllLife’s most affordable life insurance product set. These products provide cover for a limited period of time (10- or 20-years, depending on the product chosen), and may be appropriate for clients looking to provide cover for their dependents during an important, but finite, period of their lives. These dependents may be young family members, for example, who will mature and start to take care of themselves after 10 or 20 years.
Diabetes Life Cover: AllLife provides comprehensive life cover to individuals living with Type 1 and Type 2 diabetes mellitus. AllLife also has an extensive and extremely competent national network of Financial Service Providers (FSPs) who are trained and certified to sell our products.