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Provider comparison · Updated May 2026

Momentum vs AVBOB

How Momentum and AVBOB compare on price, claims, products and rewards across the South African market.

Momentum and AVBOB are evenly matched on customer rating.

FeatureMomentumAVBOB
Customer rating★ 4.5★ 4.5
Average premiumR710/pmR110/pm
Claims turnaround72h24h
Pricing tierPremiumBudget
Flagship productMultiply RewardsFamily Funeral Plan
Product rangeLife, Investments, Short-term, HealthFuneral, Life, Memorial Services

Momentum

Long-term financial wellness

Momentum is a diversified financial services group offering life, investments, short-term insurance and Multiply rewards.

Strengths
  • Strong life and investment offering
  • Multiply rewards programme
  • Holistic advice
Trade-offs
  • Short-term insurance secondary focus
  • Broker-led model

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