← All comparisons

Provider comparison · Updated May 2026

Santam vs Old Mutual

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

Santam edges Old Mutual on customer rating.

FeatureSantamOld Mutual
Customer rating★ 4.6★ 4.3
Average premiumR790/pm
Claims turnaround72h96h
Pricing tierPremiumMid-range
Flagship productComprehensive PlusGreenlight Life
Product rangePersonal Lines, Commercial, Agriculture, SpecialistFuneral, Life, Investments, Short-term

Santam

South Africa's largest short-term insurer

Santam is South Africa's largest short-term insurer with a 100+ year history, serving personal, commercial and agricultural markets.

Strengths
  • Largest local insurer
  • Extensive broker network
  • Strong commercial offering
Trade-offs
  • Slower digital experience
  • Higher premiums on entry tier

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