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Provider comparison · Updated May 2026

Momentum vs Old Mutual

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

Momentum edges Old Mutual on customer rating.

FeatureMomentumOld Mutual
Customer rating★ 4.5★ 4.3
Average premiumR710/pm
Claims turnaround72h96h
Pricing tierPremiumMid-range
Flagship productMultiply RewardsGreenlight Life
Product rangeLife, Investments, Short-term, HealthFuneral, Life, Investments, Short-term

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

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