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Provider comparison · Updated May 2026

OUTsurance vs Sanlam

How OUTsurance and Sanlam compare on price, claims, products and rewards across the South African market.

OUTsurance edges Sanlam on customer rating.

FeatureOUTsuranceSanlam
Customer rating★ 4.8★ 4.5
Average premiumR720/pmR740/pm
Claims turnaround24h72h
Pricing tierMid-rangePremium
Flagship productOUTbonusCumulus Echo
Product rangeCar, Home, Business, LifeLife, Investments, Retirement, Health

OUTsurance

You always get something OUT

Founded in 1998, OUTsurance is one of South Africa's most-recognised short-term insurers, famous for its OUTbonus and call-centre service model.

Strengths
  • 24-hour claims turnaround
  • OUTbonus cash-back after 3 claim-free years
  • Strong call-centre
Trade-offs
  • Fixed R4,000 excess on some products
  • Limited online self-service

Sanlam

Wealthsmiths

Sanlam is a JSE-listed diversified financial services group and one of South Africa's largest life insurers, founded in 1918.

Strengths
  • Top-3 SA life insurer
  • Reality rewards programme
  • Strong adviser network
Trade-offs
  • Adviser-led model
  • Short-term via MiWay subsidiary