OUTsurance
OUTsurance is a prominent direct short-term insurance provider in South Africa, known for its innovative approach to vehicle insurance through the introduction of the OUTbonus. This reward system incentivizes policyholders by offering a 10% refund of their premiums if they remain claim-free for three years. The company has expanded its offerings beyond personal short-term insurance to include business insurance and life insurance, introducing a notable feature that provides a 100% cash back OUTbonus after 15 years of claim-free coverage. OUTsurance's diverse range of products encompasses homeowners, health, and pet insurance, catering to both individual and corporate clients while ensuring competitive pricing and enhanced coverage options.
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