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iWyze Life Insurance

iWyze Life insurance is brought to you by Old Mutual, arguably one of SA’s most well-established financial service providers with more than 170 years under their belt. Old Mutual is all about giving consumers peace of mind with dependable financial products.


  • iWyze Life policy – this product pays out a lump sum that starts from R150 000 up to R3 million to the beneficiary and is tax-free. Consumers can choose the level of life insurance cover that will fit in with their budget and specific needs. There are further products that can be added to your iWyze Life insurance policy, which include:
      • iWyze Terminal Illness Cover if the policyholder is diagnosed with a terminal illness with only 12 months left to live, he or she will be paid out a lump sum
      • iWyze Accelerated Funeral Benefit the money can be used to provide immediate financial relief and used for either day-to-day expenses as well as covering the costs of a funeral
      • Guaranteed Assurability you will be able to increase the level of your cover by up to 25% in a life-changing event, such as having a baby or buying a home


  • HIV testing (saliva and needle prick test) at no extra cost, and can be taken at one of many locations, nationwide
  • No onerous physical examinations required for iWyze Life policies – (it is important to disclose all health issues)
  • Unlimited amount of beneficiaries
  • Policyholders are given the opportunity to use the Old Mutual iWyze Life Policy to cover any loans in the event of your death (this is referred to as cession)
  • There will be no increase in premiums for the first 23 months of the policy
  • Thereafter, there will be a 5% annual increase
  • Claims are paid out really fast once approved – usually within 48 hours

What makes iWyze Life Insurance special?

  • Quotes take under a minute
  • The entire application process will take less than 12 minutes

Old Mutual iWYZE Life Insurance protects your family against the financial consequences of your death or terminal illness. Should you die, become ill or are disabled, your family will be taken care of financially. There is no time quite like the present to future-proof the financial stability of your loved ones with a simple, cost-effective personalised life insurance policy.

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