1Life Insurance Ltd is a wholly owned subsidiary of Budget Holdings Limited, a multinational company based in Europe. Be that as it may, 1Life is geared towards the needs of the South African market. The company caters for the needs of the emerging market by providing quality insurance products at a reasonable cost. By reducing and eliminating administrative costs, 1Life Insurance Ltd has been able to introduce a streamlined operation offering affordable premiums. By making use of modern technology in every facet of their business operations, the company has been able to handle the application procedure and claims processing with great efficiency. The company’s life insurance cover provides your nominated beneficiaries with the value of your life insurance policy in the event of your death. Products extend to cover death, disability, dread disease and credit cover.