AllLife offers life and disability insurance products to South African adults aged 18‑75, including those living with HIV, diabetes, or other chronic conditions, with no‑medical‑test underwriting. Policies guarantee a minimum R3 million cover (up to R10 million based on circumstances) and can be applied for entirely online, providing rapid issuance and affordable premiums.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals in South Africa with chronic health conditions such as HIV or diabetes often encounter restrictive underwriting, mandatory medical examinations, and high premiums that limit their ability to obtain affordable life and disability insurance.
Solution
AllLife provides a suite of life and disability insurance products that remove medical underwriting for eligible applicants, guaranteeing a minimum cover of R3 million and allowing qualification for up to R10 million based on personal circumstances. The offering spans dedicated plans for people living with HIV, diabetes, and other chronic conditions, as well as standard and funeral cover options. Applications are completed entirely online, enabling a paperless experience and rapid policy issuance for adults aged 18‑75. Unlimited beneficiaries can be named, and premiums are structured to remain affordable while delivering lifelong protection. All policies are underwritten by a licensed insurer and comply with South African financial services regulations.
Target Audience
Primary customers are South African adults (18‑75) who have HIV, diabetes, or other chronic health conditions and seek affordable, long‑term life or disability protection for themselves and their families.
Features
- No‑medical‑test underwriting with a guaranteed minimum of R3 million cover and potential up to R10 million
- Specialized plan designs for HIV and diabetes that include health‑support resources and tailored premium structures
- Fully digital, paperless application workflow with instant quote generation and quick policy activation
- Coverage available to individuals aged 18‑75, with the ability to add unlimited beneficiaries
- Additional product lines: chronic life cover, standard life cover, and funeral cover (up to R70 000 with double accidental death benefit)
- Integration with Old Mutual Alternative Risk Transfer Limited as the underlying life insurer, ensuring regulatory compliance (FSP No 4946)
- Secure data handling and compliance with South African privacy and PAIA regulations