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Provider

Absa Insurance

Bank-backed personal cover

Editor score
4.2/5
Claims turnaround
72 hours
Avg premium
R680/pm
Pricing tier
Mid-range

Editor verdict

Absa Insurance offers short-term, life and funeral cover bundled with Absa banking, with strong bancassurance distribution across SA.

Best for

  • Absa Rewards integration
  • Strong bancassurance model
  • Comprehensive life offering

Not for

  • Limited self-service tools
  • Tied to banking relationship

Score breakdown

How Absa Insurance scores, dimension by dimension

How we rate →
Overall
4.2
out of 5

Composite of 5 weighted criteria, refreshed quarterly.

Price competitiveness4.0/5
Claims experience4.0/5
Digital experience4.0/5
Coverage breadth4.0/5
Customer service4.0/5
Customer reviews4.2/5

Pros & cons

Pros

  • Absa Rewards integration
  • Strong bancassurance model
  • Comprehensive life offering

Cons

  • Limited self-service tools
  • Tied to banking relationship

Products

Absa Insurance product range

Car

from R680/pm

Home

from R680/pm

Life

from R680/pm

Funeral

from R680/pm

Investments

from R680/pm

Customer reviews

What Absa Insurance customers say

4.2/ 5

Based on 0 verified reviews

5
60%
4
20%
3
10%
2
5%
1
5%
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Company snapshot

Who is Absa Insurance?

Absa Insurance offers short-term, life and funeral cover bundled with Absa banking, with strong bancassurance distribution across SA.

Founded
2000
Headquarters
South Africa
Parent group
Employees
FSP number
Ombudsman
OSTI
Support hours
Claims line

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