Rating based on 7 reviews

Assupol Life Cover

Updated
  • Online Insurance Quotes
  • Long Term Life Insurance
  • Affordable cover options
Assupol homepage
Author Assupol. Screenshot of Assupol website.
[Accessed June 5, 2023]

About Assupol

Assupol provides Life Cover products and services that allow you to provide for your family if you’re no longer around to do so.

Breadwinners pass on can sometimes leave loved ones in dire need, so don’t let this happen to your loved ones.

You can get a life cover policy that provides them with the security, protection, and peace of mind that you’ve taken care of their financial needs when you’re no longer around to do so.

The history of SA’s most loved FSP

This proudly South African registered financial service provider has spent the past 100 years servicing their community by providing products and services just for you.

Their commitment to their staff and their clients sets them apart in being able to make a difference in their community.

They treat their clients like family and aim to be the insurer of choice for people who serve their community and their country.

Affordability, service, and transparency

They take immense pride in providing affordable products and services that are relevant and innovative to each of your needs.

Their professional sales teams are easy to get hold of, and zero hidden costs make their process fully transparent and fair.

Assupol life insurance benefits

  • affordable monthly premiums
  • 48hr turnaround times on claims
  • a range of rewards programs to choose from
  • discounts for qualifying clients
  • cash benefit payments were applicable
  • tax-free lump sum pay-outs

Their online platform makes buying and claiming a policy quick and easy but if you prefer to speak to a human you can contact them directly and they’ll be more than happy to assist you.

Assupol Services

Assupol has four amazing Life Cover products that give you great choice coupled with excellent affordability.

Each product comes with an affordability range to suit your individual needs and pocket with terms and conditions to suit your unique circumstances so you can choose what works best for you.

These products are underwritten which makes them more affordable and tailored to your risk and needs profile.

An underwritten product means that there will be a medical questionnaire you’ll need to complete, and you’ll be required to have a blood test done and the results submitted before your policy can be activated.

Convenient add-ons tailored to your needs

Some of their life insurance products also come with convenient optional add-ons which are available at a minimal extra charge. These add-ons can help make your life just a little easier and give you the peace of mind you need.

Loan protection, loyalty rewards programs, and disability & critical illness cover are also available at an additional charge.

All products are subject to an annual increase which ensures you can keep up with inflation.

Assupol's premium waiver options

Speak to Assupol about premium waivers on death or disability and impairment as well as premium waivers in case of retrenchment. These add-ons can make a huge difference to your entire family.

On-call and on-call plus add-ons give you and your family access to general medical assistance from a qualified nurse as well as ambulance assistance or other medical transport in the event of a life-threatening emergency or death.

Should one of your children need trauma counselling because of your passing this is also available at an additional cost.

When your loved one submits a claim with this add-on you can rest assured that their immediate needs like groceries, transport airtime and electricity needs will be taken care of.

Assupol – Life insurance

  • Product Life Insurance
  • Assupol offers three simple ways to contact them
    You can directly reach out to them by dialing 0860 103 091, request a call back through their website, or make a purchase directly on their website for immediate assistance.
  • A comprehensive and user-friendly table
    Within this table, you can easily compare the costs, requirements, and benefits associated with each available option.

Benefits of Assupol

  • Assupol recognizes the importance of ensuring that your family does not face a significant financial burden when you pass away, especially if you are a recipient of a pension grant. To address this concern, they have designed a special funeral cover specifically tailored for pension grant recipients. Assupol believes that everyone, regardless of income level, should have access to affordable peace of mind.
  • For small business owners, Assupol offers group schemes that provide competitive rates for funeral plans, allowing them to cover their employees and provide financial support during difficult times.
  • Assupol also offers savings plans, including tax-free savings options, to help you build financial security for unexpected expenses or future needs.
  • When it comes to retirement, Assupol offers four distinct retirement solutions, providing you with a range of options to choose from based on your individual preferences and requirements.

Assupol All-Life cover: Convenient online quotes and expert assistance from their sales team

You can get any one of the All-Life cover products by applying for a quote online. There’s also a handy information brochure which details everything you need to know about the product you choose.

If you want any additional information about any of these products, contact Assupol directly and one of their trained sales team members will be able to assist you with your queries.

Eligibility requirements to apply for an insurance policy with Assupol

  • Be a South African citizen or a legal resident of South Africa.
  • Be between the ages of 18 and 64 years old.
  • You must be able to afford the monthly premiums.
  • Be willing to provide truthful and accurate information about your health and medical history during the application process.
  • You may need to undergo a medical examination or provide medical records to assess your eligibility for coverage.
  • Have a valid South African ID or passport.
  • Some policies may require additional eligibility criteria, such as occupation or lifestyle factors.

Hassle-free Claim submissions with Assupol: three simple options

Claims including maturity claim submissions with Assupol can be done in one of three easy options.

  • Option 1 Go onto Assupol’s website, log in and navigate to the Claims Section where you can complete the required documentation and submit it online.
  • Option 2 allows you to download the claim documents and complete these. Then simply email or fax these to Assupol using the email address or fax number provided.
  • Option 3 download the claims documents and complete them, then drop them off at your nearest Assupol branch.

Claims made against a deceased loved one’s policy are equally easy and you could receive a payout in 24 hours.

A valid funeral benefit is subject to all claim documentation being provided. They will contact you should they require you to provide additional information related to the policy.

Documentation needed to make a claim

Always ensure that you provide the policy holders details and the policy number, especially in the case of a deceased policyholder. You’ll need to provide your details as well if you’re the designated beneficiary of the policy.

Remember to provide all necessary accompanying documentation required in the application form to ensure the timeous and complete processing of your claim.

Once you’ve submitted a claim you will receive an SMS acknowledging that they have received your claim.

You’ll also receive a tracking number so you can keep track of your claim by using the tracking number that you receive when you submit an insurance claim. You can submit any queries about your claim by calling them directly.

man holding thumbs up

Assupol is a trusted & reliable provider of life insurance

In our review, we found Assupol to be a company licensed to provide life insurance products and services, and is regulated under the Financial Sector Conduct Authority.

✅ Assupol is a registered and licensed insurance provider in South Africa: FSP53

Assupol Contact

Physical Address

  • Summit Place Office Park Building 6 221 Garstfontein Road Menlyn Pretoria Gauteng 0181 South Africa
  • Get Directions

Postal Address

  • PO Box 35900 Menlo Park, Pretoria, 0102, South Africa

Opening Hours

  • Monday 07:30 – 16:00
  • Tuesday 07:30 – 16:00
  • Wednesday 07:30 – 16:00
  • Thursday 07:30 – 16:00
  • Friday 07:30 – 16:00
  • Saturday – Closed
  • Sunday – Closed