South Africa’s progressive human rights stance is renowned all over the world. At one stage, individuals living with HIV/AIDS were deemed ineligible to qualify for life insurance. Following changes to legislation, financial institutions began implementing changes to policies, thus giving individuals living with HIV/AIDS the opportunity to apply for life cover. Stigma surrounding this pandemic has decreased to an extent, as a result of education about Anti-retrovirals and wealthier clients. These factors have contributed towards a shift in the insurance industry.
AllLife is a company that prides itself in changing peoples’ lives through the provision of affordable life insurance to people living with HIV.”
Since inception in 2005, AllLife has been offering whole life cover to HIV positive individuals.
AllLife HIV provides life insurance for people living with HIV. A benefit of this cover is that there is no waiting period- which means that AllLife clients are covered immediately on inception of cover. It’s affordable and easily accessible. The benefits don’t end there either. AllLife provides an Adherence program which helps clients manage their health. Cover is offered from as little as R130 per month up to a maximum of R10 million.
HIV Disability cover is available as an option on all of the Advantage Life products offered. This cover pays out a lump sum in the event of permanent total disability of the life insured during the term of the policy.
Diabetes Cover was introduced by AllLife following the realisation that diabetics face challenges when seeking life cover. The institution has created life cover specifically for individuals with Type 1 or Type 2 diabetes. Offered to individuals aged between 18 and 24, this cover starts immediately- there is no waiting period.
Contact AllLife by calling: 0861 25 55 43.