Standard Insurance

Standard is one of the most well-known and venerated banking brands in South Africa - as far as that sort of description can be said to apply to a bank. The Standard Bank Group has two insurance divisions: Standard Bank Insurance Brokers and Standard Insurance Limited. They are both one hundred percent owned subsidiaries. Between them they offer a comprehensive and wide range of insurance packages and services to the market, giving you a number of different underwriting options to choose from when planning and structuring your various insurance needs fulfillment.

Standard Insurance operates in the following sectors of the insurance industry, offering a range of products in each: home loan insurance, loan protection, accident and health insurance, household and motor vehicle insurance, travel insurance, funeral plans, cell phone insurance, agricultural insurance, motor vehicle insurance and household insurance. This is a lot on offer, so only a brief glimpse can be given of each.

Home loan insurance covers comprehensive homeowners insurance (including SASRIA protection), DreamStart mortgage cover for low income earners, and business mortgage insurance. Loan protection plans include automatic settlement cover, home loan protection, credit card protection and personal loan protection. A wide range of accident and health insurance is offered, including a hospital plan, male and female protection plans, senior hospital protection, surgery plan, personal accident coverage and a cashback hospital plan. These have clearly been thought out in quite some detail, given the different demographic segments that are covered, in recognition of different needs consumers have at different life stages. This shows a maturing of the insurance needs mindset at Standard.

Household and motor vehicle insurance is a convenient, affordable and comprehensive package that can be organised telephonically or by email. It covers household contents, valuable items and your motor vehicle.

Standard insurance is thus one of the most all-encompassing you will find.