AVBOB IS THE LARGEST MUTUAL ASSURANCE SOCIETY IN AFRICA
As the largest Mutual Assurance Society in Africa, AVBOB provides a complete, one-stop Funeral Insurance and Funeral Service solution.
The Group’s mutual status enables it to offer benefits to policyholders that no other insurer can. A “Mutual” society does not have shareholders and the assets belong to the policyholders.
Being a mutual society means AVBOB is able to reward its policyholders by giving a substantial portion of its profits back in the form of special bonuses and enhanced free funeral benefits that increase policy value. AVBOB shares its profits with more than 1,8 million policyholders.