Products / HIV

Life Cover

AllLife provides comprehensive life cover to people living with HIV, and in 2005, was the first company in the world to offer whole life cover to HIV positive individuals. Our clients use AllLife products to qualify for home and business loans, to provide for people who depend on them financially, and to give their families peace of mind and financial security in the event of their death.

Our life products provide cover in the event of death of the life insured, whether this was due to an accident or a health related issue. There is no waiting period—which means that AllLife clients are covered immediately on inception of cover.

Advantage Term Life

Advantage Term Life is AllLife’s most affordable life insurance product set. These products provide cover for a limited period of time (10- or 20-years, depending on the product chosen), and may be appropriate for clients looking to provide cover for their dependents during an important, but finite, period of their lives. These dependents may be young family members, for example, who will mature and start to take care of themselves after 10 or 20 years.

Advantage Whole Life

Advantage Whole Life provides cover for an unlimited period, or until the policy owner decides to either cancel or stop paying their policy. Advantage Whole Life is provided either on a level premium or on an escalating premium basis. Choosing the escalating premium option means that the policy will be cheaper at inception, but premium will increase at a rate of 5% per annum.

Advantage Loan Protector Life

Advantage Loan Protector Life provides cover designed to match the outstanding balance on an amortising loan that is paid off in regular and equal monthly instalments. Cover is provided for either a 10- or 20-year loan term, with level premiums throughout the term.

Our loan protector products are designed specifically to cover the outstanding balance on a loan: the amount insured reduces at the expected rate of repayment of the loan and does not make allowances for re-advances.Top