AVBOB was established in 1918 in Bloemfontein. Since then, they have grown into a multi-Billion Rand mutual society. They have more than 2 million policyholders and insure around 6 million lives. This provider is currently among the top insurance companies in South Africa. Just imagine, they have about 8000 staff members and more than 300 branches. This statistic alone should give you the peace of mind that they are not a fly-by-night operation.
AVBOB funeral cover offers many significant benefits. A notable advantage of using them for your burial policy is you can make use of AVBOB Funeral Services to arrange the funeral for you. If you use them to arrange the funeral, you can get up to R17 500* in free membership benefits. They understand the importance of a dignified burial and will take great care of you in a time of need.
AVBOB offers an affordable, one-stop funeral insurance solution. You & your family can rest assured. They can deliver most funeral services in-house. They want to make things as comfortable as possible. With this provider, the policyholder will not just be a client. You are a stakeholder in the company. You can benefit from the profits made by AVBOB. This is known as a mutual society. They have given back more than 8 Billion Rand in exclusive bonuses in the last ten years.
AVBOB was voted one of the top 3 long-term insurance companies by the Sunday Times. This award should give you the confidence that they are world-class. If you decide to use AVBOB Funeral Services, you can get a free basic funeral of up to R12 500*. The free basic funeral benefit is over and above the insured cash pay-out. You can minimize stress if they help you with the burial arrangements. Trying to find all the services needed for a funeral can be hard. This is just one of the many reasons why we always suggest this option.
They continually reward members for being part of their family. Because they are a mutual society, you can also share in future bonuses. They pay your bonus money into your own very own AVBOB reward account. Access to this account becomes available at the age of 65* or at death.
They regularly revise free member benefits and at their sole discretion, add or increase benefits over time. Since we opened our doors in 2012, we have seen significant increases in both free membership bonuses and policy benefits. We can confidently say they keep adding value over the years.
*Terms & Conditions Apply