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Discovery Life Ltd

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Tel: 0860 005 433
Fax: 0860 543 339
16 Fredman Drive
PO Box 784262
Gauteng, KwaZulu-Natal, Western Cape.
Discovery Life changed the face of South African life assurance by changing the fundamentals of life assurance products. We moved away from the traditional combination of risk and investment and embraced a structure focusing on risk only. This approach meets the consumer's needs through innovative new benefits. The movement to risk-only products has saved consumers more than a billion rand.

Company Press Releases »

Icon Weaker rand sparks renewed interest in hedged life insurance
03 Oct 06 | Read More »
The sharply weaker rand has sparked renewed interest in life insurance policies that are hedged against falls in the local currency. Herschel Mayers, Chief Executive Officer of Discovery Life, says that the idea of being able to hedge falls in the rand by linking a payout ...
Icon Discovery unveils Pick ‘n Pay as new anchor partner for Discovery credit card
20 Sep 06 | Read More »
- Pick ‘n Pay to be DiscoveryCard partner from 1 January 2007 - Other partners being added include Nando’s, Stuttafords and Altech Netstar Discovery is pleased to announce the signing of Pick ‘n Pay as the new DiscoveryCard anchor partner, effective ...
Icon Life, Health and UK operations continue to drive growth at Discovery
05 Sep 06 | Read More »
Maiden dividend of 27 cents a share Strong growth in Life, Health Strong growth at PruHealth Action taken to address losses in Destiny Health Discovery Holdings enjoyed another year of excellent growth, characterised by another solid performance by Discovery Health, ...
Icon Beyond bancassurance - Discovery Life's view
14 Aug 06 | Read More »
In the 1990s, bancassurance was seen as the way forward for life companies to grow their books and build market share. The idea was a simple one: life companies would take advantage of their relationships with banking groups to sell product through the banks’ branch ...
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From The Glossary »


Fixed-interest Investment:

Investments made for a period at a guaranteed interest for that period (eg, bonds). Interest is generally paid twice a year, and at the end of the term the capital is repaid.
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