AllLife Insurance

AllLife Insurance prides itself on its attention to detail and it commitment to individual client service. The company operates directly to consumers, as well as through its financial service providers, all approved. It provides life assurance products to people living with HIV AIDS, which is its unique differentiator in the market. It also administers life assurance products, having partnered with Centriq Life Insurance Company (part of Santam and Kagiso) to this end.

AllLife Insurance claims to be the first company in the world to offer comprehensive life assurance for AIDS suffers. Besides the direct cover benefits, such clients can also use AllLife products to help them qualify for things like home loans and business loans. It aims to make life assurance not only accessible, but also affordable for this segment of the insurance market. By necessity then, much of its product range is aimed at the entry level market, arguably the sector worst hit by the pandemic. It has also linked its products to a continuous underwriting approach that promotes appropriate health management by encouraging its policy holders to concentrate on this crucial aspect of their lives.

The main product offered is life assurance, and there are 3 specific offerings here. There is the Advantage Term Life product, which offers cover for a limited period of time, up to 10 years, and is the most affordable form of cover available. It is especially geared to those looking to provide for dependents over the policy period. Then there is Advantage Whole Life, which gives unlimited life cover. Customers can choose between a fixed or escalating premium - the latter starting out cheaper. In addition to these is the Advantage Loan Protector Life which covers debts that a policy holder has. It is designed to match outstanding amounts of decreasing loans for up to 20 years. There is also Advantage Disability cover, which is an additional option on all the above products. Benefits are offered up to 75% of the death benefit.

Anyone looking for meaningful life assurance cover while living with AIDS would do well to check out AllLife.