Are you considering insuring your car or home with ABSA? Before you sign on the dotted line, you can learn everything you need to know about ABSA Insurance Company Limited here. Life is filled with the unexpected, and when you are faced with the unexpected, having an insurer you can rely on every step of the way will give you peace of mind.
Who is ABSA?
ABSA is an insurance company that forms part of the ABSA Group. The ABSA group is well known in South Africa and the African continent as a banking and financial institution. By offering wealth solutions and a host of other services, they aim to turn the possibilities in the lives of their customers into reality.
They are a registered financial services provider known as the bank for the people. But they also offer cover at competitive premiums through the ABSA insurance company Ltd. If you are an ABSA Bank customer, you could access sound insurance advice, affordable cover, and 24-hour emergency assistance with an insurance product from them.
With a large range of products available, from personal car and contents cover to travel and business cover, they have a policy to suit every need. Along with products designed to meet your personal and business risks, ABSA insurance is committed to providing outstanding service to their customers.
Is ABSA Insurance Company’s Cover Any Good?
How does ABSA insurance hold up against other insurance providers in the country? Their trust ranking is about 5/10, and their insurance services rank around 49th in the country. You can see what other South Africans are saying about their cover by searching for ABSA reviews online. This can help you get a picture of their insurance payout patterns, the quality of their cover, and how the benefits they offer are helping other South Africans.
ABSA Long-Term Insurance
For long-term cover, you need an insurance partner that is stable, strong, and reliable. The insurance business in South Africa is very competitive, meaning you could get excellent rates and offers by comparing your options. ABSA Insurance Co Ltd aims to offer you cover that will enhance your life and stabilise your financial future.
ABSA Life and Funeral Insurance
This cover is meant to benefit the insurance policyholders’ beneficiaries when the insured person passes away. Instant life cover enables you to choose the cover you want at premiums that are affordable. Furthermore, the Instant Life cover gives you an amount of 20% in cash back every 10 years.
By comparing products from a wide range of service providers, you will soon realise that you can save a substantial amount on your life insurance (up to 30%). You can start today by filling in the form at the top of this page.
ABSA Short-Term Insurance Products
ABSA offers bundle insurance discounts where you could pay less if you combine some of the below insurance products. Their
ABSA Travel Insurance
This type of cover is meant to give you peace of mind knowing your valuables are covered when you travel for a reasonable insurance premium. Any baggage loss, cancellation of flights or damage to a third party can be covered with Absa travel insurance. They also offer discounts and specials to friends, families and groups of ten to fifteen people travelling together. Frequent travellers have the option of being covered for a twelve-month period.
ABSA Home Insurance
You can choose comprehensive Absa insurance cover in the form of a home contents policy or ABSA building insurance for a dependable insurance option that safeguards your home and belongings. ABSA allows you to tailor your cover to your budget and needs, so you don’t have to overpay for cover you don’t need or worry about being underinsured.
ABSA idirect Car Insurance
How it works.
When you sign an idirect insurance agreement, you get cover for a list of risks related to the types of insurance you choose. For example, idirect car insurance can give you cover for road accidents, third-party claims related to your vehicle, and theft, hail damage, and hijacking. In return for this cover, you commit to paying a monthly premium.
This insurer offers their clients kickbacks, such as their cashback structure. Depending on the product you choose and how much you claim, you could get money back from your policy! Each policy also comes with added benefits.