South Africa:Life insurers settled 94.1% of all death claims in 2025

By MEIR team | 17 Jun 2026

Life insurance members of the Association for Savings and Investment South Africa (ASISA) settled 94.1% of death claims under individual life, credit life, funeral, and universal life policies in 2025, paying beneficiaries ZAR44.2bn ($2.7bn) in benefits. In 2024, 95.6% of death claims were paid to a value of ZAR39.5bn.

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