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Provider comparison · Updated May 2026
AVBOB vs Old Mutual
How AVBOB and Old Mutual compare on price, claims, products and rewards across the South African market.
AVBOB edges Old Mutual on customer rating.
| Feature | AVBOB | Old Mutual |
|---|---|---|
| Customer rating | ★ 4.5 | ★ 4.3 |
| Average premium | R110/pm | — |
| Claims turnaround | 24h | 96h |
| Pricing tier | Budget | Mid-range |
| Flagship product | Family Funeral Plan | Greenlight Life |
| Product range | Funeral, Life, Memorial Services | Funeral, Life, Investments, Short-term |
AVBOB
Funeral cover from R30k to R100k
AVBOB is a mutual society and South Africa's largest funeral insurer, providing burial benefits and free funeral services to policyholders since 1918.
Strengths
- 24-hour funeral payouts
- Free funeral benefits to policyholders
- Mutual society — no shareholders
Trade-offs
- Funeral-focused product range
- Limited digital self-service
Old Mutual
Africa's oldest financial brand
Founded in 1845, Old Mutual is a pan-African financial services group with deep roots in life, funeral and savings products.
Strengths
- Trusted 175-year brand
- Wide product range
- Funeral & life leader
Trade-offs
- Slower digital tooling
- Traditional broker channel
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