Cashback Lifestyle Insurance

Whether you are 18 or 80 (age next birthday), AVBOB has a whole-life insurance policy for you.  With the AVBOB Cashback Lifestyle insurance product, benefits are payable in the event of death, disability and/or critical illness. 

At the end of every five (5) years, a total of 20% of all the premiums paid (excluding premiums paid for an optional savings plan) over the previous five (5) years is given back to you in cash!

What’s more is that policyholders qualify for the following FREE benefits* which are over and above the value of the policy:
  • A FREE basic funeral to the value of R9 600*
  • FREE transportation of the deceased within the borders of South Africa*
  • R1 000 cash up-front for immediate funeral expenses such as airtime, grocery vouchers, electricity, etc*
The above benefits are based on policies that have been in-force for 24-months or longer and are subject to AVBOB being appointed to conduct the funeral.  To find out more about the benefits for policies that have been in-force for less than 24-months, visit your nearest AVBOB office or contact us on 0861 AVBOB1 (0861 282621).

In addition to the FREE funeral benefits*, we have introduced a Retrenchment Benefit* on policies that have been in-force for 24-months and older.   As part of our recent bonus declaration, we have increased the value of the sum assured on the main life on the policy.  If needed, this special bonus can be converted into a once-off retrenchment benefit lasting 6-months.
Sum Insured
Death cover pays in three steps
Waiting Period
How the sum insured will be paid
Product Features
Interested in an AVBOB Cashback Lifestyle Policy?
Terms and conditions apply. 
FREE funeral benefits* only apply if AVBOB is appointed to conduct the funeral.

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