Insurance Calculators

Getting Insurance Right in South Africa

Insurance is one of the easiest places to either be underprotected or quietly overcharged. The trick is to separate two questions that often get muddled: how much cover do I need, and what should it cost. These calculators answer the first question honestly, using your real numbers, so you walk into any insurance conversation knowing roughly what you're looking for instead of taking whatever you're sold.

The second question — price — can only be answered by an insurer, because premiums are underwritten individually based on your age, health and risk profile. The one exception is credit life insurance, where the National Credit Act caps what you can legally be charged — so for that, our calculator can show you the exact maximum.

Start with the gaps that hurt most

If you have dependents and debt, life cover and income protection usually matter most — they protect against the scenarios that would do the most financial damage. If you're financing a car, the gap calculator is worth two minutes: a write-off early in a finance term can leave you owing tens of thousands on a car you no longer have. And if you've ever taken a loan, it's worth checking your credit life premium against the legal cap — many South Africans are paying more than they need to.