Assupol Life began in 1913 as a burial society for members of the South African Police Service.
From that modest and caring beginning, it has grown into a fully-fledged life-insurer, serving those who serve and often leading with innovative products and services.
Assupol has become a household name, synonymous with high-quality service and affordable products tailored for our focused markets.
But more importantly, after more than a century, Assupol has remained the caring company it was at its inception.
Assupol Holdings Ltd is the holding company of the Assupol Group of companies. The Group operates through two wholly-owned subsidiaries: Assupol Life Ltd and Assupol Investment Holdings (Pty) Ltd.
Assupol Life Ltd A registered life-insurer and authorised financial services provider, Assupol Life provides affordable funeral, life, savings, investments, and retirement products, to the South African market.
Assupol Life acquired the business operations of Cornerstone Brokers Corporate (Pty) Ltd in 2017, Prosperity Life Ltd in 2012, and Top Top Business Consultants (Pty) Ltd in 2018.
These entities, with the exception of Prosperity Life Ltd which was deregistered, are dormant subsidiaries of Assupol Investment Holdings (Pty) Ltd.
Assupol Investment Holdings (Pty) Ltd is our investment-holding company. It holds our Group’s strategic investments.
Assupol Wealth (Pty) Ltd On 1 April 2020, the Assupol Group acquired 51% of the issued share capital of Assupol Wealth, a financial services provider registered in terms of the Financial and Intermediary Services Act, with the intent to expand the Group’s financial service distribution offerings and diversify its income stream.