OUTsurance life insurance review 2022

Published by
Lethabo Ntsoane

OUTsurance life Insurance Review Summary

OUTsurance life insurance provides coverage for three important areas of life insurance: death, disability, and critical illness. These insurance options need HIV and blood tests as part of the underwriting process. OUTsurance has worked hard as a life insurer to provide life insurance that is convenient for everyone. Over a million life insurance policies are held by OUTsurance. This can be attributed to the firm’s aggressive marketing and, to a lesser extent, its customer service. For the first five years after joining up, OUTsurance assures fixed premiums on their life insurance products. Following then, premiums climb by an average of 6% per year. So, if you choose OUTsurance for life insurance, you’ll know what to expect in terms of rates.


Let’s look at the advantages of choosing the OUTsurance life insurance cover.

Advantages of choosing life insurance from OUTsurance

Because life is unpredictable, you can’t estimate how much money you’ll be able to leave your family to meet their financial demands. You can make your family’s aspirations come true in your absence by purchasing the appropriate life insurance. When you choose to insure with OUTsurance, you can take advantage of a variety of advantages. The following are some of the advantages of using OUTsurance life insurance options.

  • You get salary replacement if you get critically ill or suffer an injury.
  • Your beneficiaries will get to pay off all your debts that may include your home loan.
  • Kids will have money to further their education or finish high school.
  • Not only will your spouse or kids benefit but your parents can also benefit.

These benefits, as you can see, are for you and your family if something happens to you while you are a policyholder. Let’s take a look at the Outsurance life insurance packages now that you know the benefits of choosing OUTsurance as your life insurer.

Life Insurance solutions

OUTsurance provides three life insurance solutions for individuals. Available life insurance solutions from OUTsurance include death, disability and critical illness cover.

OUTsurance Death cover

The death cover is a comprehensive life cover from OUTsurance that safeguards the financial future of your family. This cover will provide a long-term solution to your family’s financial needs.

Here are the reasons why you should choose the OUTsurance death cover as your life insurance:

  • Terminal illness benefit – should you suffer from a terminal illness and it leaves you with less than a year to live, 50% of your death cover is paid out to you. 50% is only limited to R1 Million on your entire policy. Therefore, only those with R2 Million cover or less can get to withdraw 50% of their cover amount. On the other hand, those with a cover amount of R2,000,001.00 or more can only get a payout of R1 Million.
  • Five-year guarantee – after taking a comprehensive death cover your monthly premiums will be fixed for five years. There won’t be any interruptions on your premiums.
  • Free medical tests – the death cover requires underwriting so blood tests are part of the underwriting process. OUTsurance covers the blood test expenses.

If any of the three reasons are compelling enough for you to join OUTsurance life insurance then you can take advantage and choose the cover.

Let’s look at the highlights of the OUTsurance death cover

  • You get covered immediately after taking the comprehensive death cover.
  • Premiums you pay are subject to your risk factors.
  • You need to be between 18-64 years of age to take the death cover.
  • The cover amount is between R200,000.00 – R16 Million.
  • The death cover comes with a Funeral benefit. This amount is the amount that speeds a portion of your comprehensive death cover.
  • As a policyholder, you can add a spouse or child to your death cover.

OUTsurance Disability cover

Accidents occur on a daily basis and can occur to anyone. Having disability insurance can provide you peace of mind if you are involved in an accident. With a disability, one’s monthly wage or income is likely to be lost. During this time, your insurance will cover some or all of your requirements.

Here are some of the additions that you can make on your disability cover:

  • Own occupation cover – if you get ill or suffer an injury performing in your own occupation, the own occupation cover will pay if you are a policyholder.
  • Suitable occupation cover – this cover is there to cover you should you suffer from an illness or disability that has resulted in you being permanently inable to perform your own occupation and other occupation, education, training and/or taking your training.
  • Accelerated cover – if you take out this cover your claim for disability or critical illness will payout from the death cover.

The disability cover has some highlights of its own, here are the highlights of the disability cover:

  • Free medical tests
  • The disability cover is a stand-alone cover and has no effects on your death cover.
  • You get immediate cover.
  • Five years of guaranteed fixed premiums.
  • Your risk factor will determine your premiums.

OUTsurance Critical illness cover

The critical illness covers a number of critical illnesses according to OUTsurance. Critical illness can include cancer. Critical illnesses are life-threatening in nature and as a policyholder, you will receive a payout should you be diagnosed with a critical illness.

Here are the features and benefits of the OUTsurance critical illness cover:

  • The critical illness cover, covers 40 illnesses.
  • The cover is immediate so there is no waiting period.
  • Five years of Fixed premiums.
  • Free medical tests.
  • Your premium is subject to your risk factors.

You can take the accelerated cover to lower your premiums on the critical illness cover. This is because your claim for disability or critical illness will payout from your death cover total sum.


OUTsurance is employing its technology skills to provide life insurance quotes to its consumers. The covers are useful since they meet a variety of life insurance demands. Death, disability, and critical illness are three types of life insurance that can be purchased separately or in combination.

OUTsurance life insurance review 2022
Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted at

Published by
Lethabo Ntsoane
Tags: Outsurance