AVBOB Mutual Assurance Company Ltd is a mutual assurance society that has been serving the South African market for more than 90 years. The company seeks to ensure that your family‘s financial future remains secure in the event of your death or disability. The Cashback Life Insurance policy is a unique product from AVBOB which pays back 20% of premiums in cash after every five years. What makes this product even more appealing is the fact that it is available to anyone between the ages of 18 and 80 years of age.