Sanlam Life Insurance
South Africa's oldest and largest insurer - trusted since 1918
Sanlam is South Africa's largest insurance company, with over 100 years of experience protecting families. Their life insurance products are known for comprehensive cover and financial strength.
With the Sanlam Reality rewards programme, you can earn premium discounts and lifestyle benefits. Sanlam offers everything from basic life cover to sophisticated estate planning solutions.
At a Glance
R30M
Max Cover
From R120
Per Month
Reality
Rewards
105+
Years History
Key Benefits
Reality Rewards Programme
Earn up to 25% discount on premiums and lifestyle rewards at partners like Clicks, Dis-Chem, and more.
Comprehensive Cover Options
Life cover, disability, severe illness, income protection, and funeral cover - all from one provider.
Legacy Planning
Specialised products for estate planning, business assurance, and wealth transfer.
Financial Strength
One of Africa's largest financial services groups with strong claims-paying ability.
Advisor Network
Large network of qualified financial advisors across South Africa for personalised service.
Cover Options
| Cover Type | What It Covers | Max Amount |
|---|---|---|
| Life Cover | Lump sum on death | Up to R30M |
| Disability Cover | Lump sum if permanently disabled | Up to R20M |
| Severe Illness | Payout for critical conditions | Up to R15M |
| Income Protection | Monthly income if unable to work | Up to 100% income |
| Funeral Cover | Quick payout for funeral costs | Up to R100K |
Sanlam Reality Rewards
Reality is Sanlam's lifestyle rewards programme that gives you discounts and benefits across multiple partners.
Premium Benefits
- • Up to 25% premium discount
- • Rewards based on healthy behaviour
- • Tier system for more benefits
Partner Rewards
- • Discounts at Clicks & Dis-Chem
- • Travel and leisure rewards
- • Fuel discounts
Pros and Cons
Pros
- Over 100 years of experience
- Reality rewards programme
- Comprehensive product range
- Strong financial backing
- Large advisor network
- Legacy planning expertise
Cons
- Can be more expensive
- Complex product options
- Reality not as strong as Vitality
- Medical underwriting required
- Traditional advisor model
How to Apply
Contact a Sanlam Advisor
Request a callback or find an advisor in your area through the Sanlam website.
Needs Analysis
Your advisor will assess your needs and recommend appropriate cover.
Complete Application
Submit your application with health information. Medical tests may be required.
Join Reality
Activate Reality rewards to start earning discounts and benefits.
Frequently Asked Questions
Is Sanlam a good life insurance company?
Yes, Sanlam is South Africa's largest and oldest insurer with over 100 years of experience. They have a strong claims payout record and financial stability.
How does Reality compare to Vitality?
Reality offers similar benefits but is generally considered less comprehensive than Discovery's Vitality. Reality focuses more on retail discounts, while Vitality emphasises fitness rewards.
Can I apply online?
For simple products, yes. More comprehensive policies typically require working with a Sanlam financial advisor for a proper needs analysis.
Important Information
- • Sanlam Life Insurance Limited is a licensed life insurer and FSP.
- • Premiums depend on age, health, smoking status, and cover amount.
- • Full disclosure of health conditions is required.
- • Benefits subject to policy terms and conditions.