1LifeDirect

1LifeDirect is one of a new breed of companies springing up to serve the needs of the emerging market. Its products are tailored towards providing of value for money without sacrificing quality. This is particularly to help those who have previously not been able to afford life assurance. The explicit aim is to offer quality products at bearable costs.

1LifeDirect keeps administrative costs to an absolute minimum so that premiums aren`t unduly wasted on such expenses. It has also avoided working through brokers, so that clients are able to directly access its services without having to bear the cost of intermediaries. This also means that the entire insurance process has been made as simple and transparent as possible. Furthermore, there is no need for time-consuming and expensive medical testing.

By reducing or eliminating the abovementioned costs, the insurance company is able to offer lower fees and can pass savings on to clients. It knows that if it is to keep affordable premiums as a unique selling point, it has to do everything possible to run a streamlined operation. And this can only benefit consumers. Everything is designed to be as efficient as possible, to provide hassle-free insurance and client satisfaction. Its call centre does most of the application and claims processing, and operators are affable and service oriented.

The company makes use of as much modern technology as possible, both in its call centre and using online channels. Applications and claims can be submitted via a website and are processed as expeditiously as possible.

On offer is simple life cover, with the option of taking a lifetime package or a time-limited one. Cover includes terminal illness. Clients can choose between a level sum policy with a fixed payout, or a policy that allows for cover to be increased as needed. In addition to this cover, there is also credit cover, designed to take care of outstanding debts if the policy holder dies or is retrenched.

With its strong emphasis on affordability, efficiency and value for money, this is certainly an insurance option well worth considering.