AllLife
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AllLife - overview
Established
2004
Location
-, -, South Africa
Primary Industry
Insurance
About
Founded in 2004 and based in South Africa, AllLife Pty Ltd operates as a provider of insurance policy and disability cover for individuals with HIV and Diabetes. The company was founded by Ross Beerman and also serves as the CEO of AllLife Pty Ltd. In 2009, it received its first funding from LeapFrog Investments. The company's product includes insurance products for individuals with HIV and Diabetes.
The products were called Life Cover and HIV Disability Cover and Diabetic Life Cover and Diabetic Disability Cover. It alerts policyholders about health commitments and potential health concerns which may be conceived as uninsurable. It also offers funeral cover where a lump sum of cash was given to the policy holder's nominated beneficiary/beneficiaries upon immediate notice of death. The company's revenue is generated by offering insurance products that cover up to R10 million with a monthly payment of R150.
The funeral cover was priced at R70 000.
Current Investors
LeapFrog Investments, Quona Capital
Primary Industry
Insurance
Sub Industries
Health Insurance
Website
www.alllife.co.za
Company Stage
Series A
Total Amount Raised
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