Discovery Life, a South African financial services company, paid out a record R11 billion in benefits to its clients in 2022.
- The majority of these benefits were paid out to clients who were diagnosed with critical illnesses or suffered from severe injuries.
- The company’s Vitality program, which rewards clients for healthy behavior, has contributed to the success of its life insurance business, with clients who engage in the program experiencing lower mortality rates.
- The company has also invested heavily in technology to improve the customer experience and make it easier for clients to manage their policies online.
- Discovery Life’s focus on innovation and customer-centricity has helped it to become a leader in the South African life insurance market, with a strong reputation for reliability and transparency.
- The company’s success is a testament to the importance of providing quality products and services that meet the evolving needs of customers in a rapidly changing world.