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Direct Axis Insurance
Direct Axis Insurance is a direct insurance company that is owned in the
majority by FirstRand, the South African financial services powerhouse. It is
one of the slew of quick turnaround direct insurers that has appeared in the
wake of the latest fashion for cutting out brokers and their associated fees.
The company specialises in using its telemarketing and call centre agents to
sign up customers over the phone, thus creating a quick and efficient way of
getting desired cover, without lengthy processes, complicated forms, broker
commissions and bureaucratic administrative procedures.Direct Axis Insurance is a company that offers various types of
insurance, as well as unsecured loans. Many South Africans will recognise the
company from the numerous letters they receive on a monthly basis
from them, urging that they take out loans with the company. On the insurance front, they offer life assurance, motor and home insurance, travel insurance and medical aid cover. As part of the life assurance package you also get an endowment policy, a burial plan, and health income insurance which provides you with a specified daily pay out during your stay in hospital.
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