There are a number of reasons why people choose to purchase iWYZE car insurance. These reasons range from cashback to comprehensive cover. We also look at the costs and commitment of iWYZE. Ultimately, you will need to decide which car insurance policy is best for you.
iWYZE offers comprehensive cover
iWYZE car insurance is designed to give you the peace of mind you deserve when you are behind the wheel. They offer different levels of cover for your vehicle and drivers, including comprehensive cover and roadside assistance. You’ll also receive value-added benefits such as home emergency services and 10% cash back after three years without any claims. And you’ll be covered for any minor dents or light scratches, so you can be sure that no one will go unnoticed by your insurance policy.
You can get several quotes from IWYZE and choose the one that best meets your needs. iWYZE is backed by the Old Mutual brand, which has been in business for over 160 years. They’re also the underwriter of the policies, which makes them an excellent choice. The company has a large client base and a reputation for offering quality insurance, so you can be confident that you’re in good hands. Furthermore, purchasing a policy is easy and convenient online.
iWYZE offers cashback
If you’re looking for cheap car insurance, you’ll love the fact that iWYZE car insurance offers cash back on premiums. Customers can get up to 10% cash back on their car insurance policy for every 36 months they go without making a claim. This bonus can be used for home improvements, a family holiday, or even for a deposit on a new car.
iWYZE is a subsidiary of Old Mutual, which offers short-term, direct insurance for car, home, and contents. It offers a wide range of coverage options, including market value, retail value, and specified value. It also offers comprehensive coverage for household and personal valuables, including against fire, theft, and vandalism.
iWYZE is expensive
Old Mutual iWYZE car insurance is an authorised FSP and offers a range of services, including life cover. Its coverage also includes emergency medical expenses for passengers and valuable cargo. It will also cover any loss or damage to the car, and provide trauma counselling to the victim of an accident. You can also get cover for the keys and locks of your vehicle.
Old Mutual iWYZE car insurance is not cheap, but it provides comprehensive coverage. It is available for vehicles worth up to R75,000, which is about half the price of traditional car insurance. Old Mutual also offers Homeowners Insurance, which protects your house and your possessions against natural disasters.
iWYZE is a committed broker
As one of the leading suppliers of insurance premiums in South Africa, iWYZE focuses on providing a diverse range of insurance plans and products. These products range from comprehensive vehicle cover to home and all risk insurance, and are designed to meet the needs of individuals seeking low-cost insurance policies while still maintaining quality terms and benefits.
As the traditional broker-led scheme sector has evolved and shifted to a direct offering model, the iWYZE brand is now competing with Momentum and Outsurance. Since the market is becoming more competitive, the two companies have developed new models in order to survive. They have teamed up with an underwriting management agency to offer a bundled product with a more affordable price.
iWYZE is underwritten by Old Mutual
Old Mutual is an insurance company with a long and distinguished history. Its mission is to empower communities and individuals. Old Mutual provides a variety of products and services, including short-term insurance policies like iWYZE. iWYZE was founded in 2010, and its underwriting is backed by the reputation of the Old Mutual name. iWYZE is positioned as a wise insurance option, and it has a number of benefits.
The company is growing fast in South Africa, with premiums increasing by 12.9% annually. It is a key competitor to banks and larger incumbents in the industry. In addition to iWYZE, Old Mutual also owns the Credit Guarantee Insurance Corporation and Mutual & Federal Risk Financing, a cell captive insurer. Both companies have high growth plans, and they are vying for market share.