B2B Central

Discovery Life

30 Jul 2021

Discovery Life clients can now get higher PayBacks if vaccinated

By Staff Writer

Discovery Life has announced a ‘first-of-its-kind’ underwriting determinant for the South African life insurance market, stating that being vaccinated against COVID-19 is now an additional consideration in determining life insurance premiums and benefits for new clients, effective from the 29th of July 2021.
21 Jul 2021

Life insurance: Growing through customer satisfaction in a changed world

By Staff Writer

In a highly competitive financial service offering like life insurance, delivering differentiated and memorable customer experiences across every touchpoint of the insurance journey have become more crucial than ever. COVID-19 has left in its wake a combination of altered life expectancy and forced migration to digital integration in virtually every aspect of daily living,
25 Feb 2021

Discovery Group interims - Strong operating performance during COVID-19

By Staff Writer

Discovery’s half-year results for the period ended 31 December 2020 reflect a strong operating performance across all areas of the Group, as the company continues to pursue its 2023 Ambition.
31 Oct 2019

Discovery Life reaches R5 billion in PayBacks to clients, over and above claims paid of R26.5 billion

By Janice Roberts

By simply linking a Discovery Life Plan with other Discovery products, such as Vitality, Vitality Active Rewards, a health plan administered by Discovery Health and now a qualifying Discovery Bank account, clients can be rewarded for their entire policy term with upfront and ongoing premium discounts and PayBacks of up to 42% and 50%, respectively....
26 Sep 2019

The most critical risks South Africans face today

By Janice Roberts

Discovery Life has released its 2018 claims statistics and the numbers tell a compelling story about the risks South Africans in different age groups face today. Discovery Life’s 2018 claims data has revealed the major risks Discovery Life members across different age groups faced in 2018.
04 Jul 2018

Millennials face a demonstrable insurance gap of R15 trillion

By Janice Roberts

South Africa’s young adults could bridge the growing life and disability insurance gap by diverting a fraction of their monthly lifestyle expenditure to financial services products. According to Gareth Friedlander, Head of Research and Development at Discovery Life, it would take as little as 4.6% of the average millennial’s salary to revolutionise the insurance coverage...
24 Oct 2017

Discovery publishes life assurance claims

By Janice Roberts

Discovery Life has published insights of its life assurance claims from January 2016 to December 2016. A total of 20 247 claims were paid over the period, amounting to R3.2 billion. This brings the total amount that Discovery Life has paid out to date up to R18.7 billion.