Metropolitan Life Insurance

In December 2010, Metropolitan merged with Momentum to form Momentum Metropolitan Life Holdings Limited.

Beginning in Paarl, Western Cape in 1897, a collective known as African Homes Trust was formed to assist buyers to purchase homes of their own.

They may have grown and changed, even their name, but through it all they’ve remained true to their calling, helping South Africans achieve their dreams.

3rd biggest in the country

Even though they’re so big, they’ll always put you first, and you're guaranteed respectful treatment. 

Metropolitan Holdings Limited is listed on the Johannesburg Stock Exchange, and in Namibia. They're fully licensed and together the company manages R480 billion in assets, so you know you have the security of working with a solid company.

Their social development drive

In the financial year 2020, the Metropolitan Foundation, an NPO, gave their social investment team a mandate to make a meaningful difference in the challenge of youth unemployment.

How Metropolitan makes a real difference

In spite of a global pandemic, they helped 750 16-20-year-olds find work, of whom 40% were women.

They've discovered their learners who've graduated from their ITC programmes have the highest job security. Therefore they’ll include more basic IT skills in their programme, and so enable students to learn quickly how to find work, or generate an income.

Giving back to society

In the same financial year, the group also invested R28 million in its programmes for financial literacy, youth employment, and staff volunteering.

And for 3 months their Group Chief Executive Officer gave one-third of his salary to the government's Solidarity Fund.

These are only some of the invaluable contributions Metropolitan is making to South Africa so we can all share in a better future.

A mission to help

To help you reach sound financial decisions.

Metropolitan does this by ensuring you have expert advice from one of their advisors at any of their 140-plus branches country-wide in South Africa and through their service centres in Eswatini, Lesotho, Ghana, Kenya, Botswana and Namibia.

Be prepared for the unexpected. With Metropolitan Life Insurance, your loved ones and your income are taken care of. Metropolitan offers a range of solutions for your needs and you can choose if you want to take medical tests or not.

Without medical tests, up to 60 years:

• To assist you to care for your loved ones during the lifetime of your career.
• You can pay either a fixed premium or begin with smaller payments that gradually increase.
• You can draw cash against your policy, in case you need it urgently, before claiming the policy payout.
• You have the option of a Value Protection benefit to have cover in case you become disabled or against cost-of-living increases.
• There’s an option to miss up to six payments if times get tough, without losing your cover.
• For a little extra you can get all payments back if you don’t claim.

Life cover:

• With this option, you leave cash or even help your loved ones have a better future.
• You can pay a fixed premium monthly or begin with smaller payments that increase gradually.
• Access to cash if you need it urgently, against your policy before making a claim.
• You have the option to include Value Protection in your policy in case you become disabled or the cost-of-living rises.
• An option to miss up to six payments if times get tough.

Benefits available if you do have medical tests:

• All causes cover.
• Take care of your loved ones after you die by leaving a monetary gift or even helping improve their futures.
• Terminal illness cover.
• You can choose cover for a critical illness.
• Have flexible payments and still have cover even if times get hard.
• Have money available for that urgent expense before you make a claim.
• You can choose cover against disability.

Accidental death cover

Care for your family even if you’re no longer around, due to some accident. Choose lifetime cover, or for a term.

• You can have flexible payments and still be covered in hard times.
• Access money when you need it for urgent expenses, before making a claim.

Choose cover that decreases every year

This policy can help settle any debts you leave behind. Cover is only available for a term.

• Terminal illness cover.
• You can have a benefit against critical illness.
• Have flexible premiums and still be protected in hard times.
• Cover in case of disability is available.