1Life Insurance
1Life Insurance is a leading South African direct life insurance company. Launched in 2006, 1Life offers affordable, simple, and convenient insurance products directly to South Africans on a mission to change lives for the better.
Since transitioning from direct life insurance throughout the years and becoming a distribution omnichannel insurer in 2013, 1Life also offers services to all categories of independent financial advisers.
1Life is the first business to offer USSD contract management services to life insurance customers as well as the first to sell life insurance to the general public directly online and through a mobile website. Furthermore, the business was the first to provide an HIV saliva test in place of a blood test.
To support its financial advisors, 1Life uses a custom digital system that allows for in-person processing and remote acceptance by electronic signature called Vantage. As a result, advisors using Vantage have a 97% success rate for coverage issued in less than 35 minutes.
The lives and views of common South Africans were altered by 1Life's debut of Truth About Money in March 2014. Truth About Money provides access to debt management services, a free online financial education course, will and legal advantages and other resources to assist South Africans take charge of their finances and build wealth for future generations.
The workforce at 1Life puts a lot of effort into bringing South Africans cutting-edge new goods. Customers without a bank account can still purchase insurance for themselves with 1Life Prepaid Funeral Insurance. Moreover, with the 1Life Pulse Life Cover, policyholders may simply make healthy lifestyle choices to boost their coverage up to R500 000 in 24 months.
Founded: 2006
Headquarters: Riverglen, Dainfern, Gauteng, South African
Website: https://www.1life.co.za/