About us

Let us take care of your family, While you go about your business.

Mutual Life is a multinational finance, insurance and transactional banking company. Our products and services include individual, family and group  funeral cover of up to R 100 000 as well as everyday banking services.

We serve South African and foreign nationals living in South Africa.

Our business

We are in the business of helping families achieve lifetime financial security and live healthier lives. And as a leader in Group Benefits, Group Retirement Services and Individual Insurance and Wealth, we do so by offering a full range of trusted products and services that put our clients’ needs first.

Mutual Life’s roots run deep in Africa and Europe, where our company began it’s journey more than 10 years ago.

Our business started with the sale of insurance and has expanded to offer wealth solutions and customized health programs to our clients. Today we are an industry leader touching the lives of thousands of individuals and companies across the 3 continents.

Mutual Life
Mutual Life
Mutual Life

Our strength

Mutual Life has  15+-year history of honouring  commitments – to our customers, partners, shareholders and communities.

Mutual Life is a strong, well-capitalized company with solid financial ratings.

We are committed to the highest standards of business ethics and good governance. We practice sound risk management and strive to build sustainable, healthier communities for life.

Our strength also comes from the diversified nature of our business, as we operate in a range of financial services businesses and in many countries around the world.

Our brand

At Mutual Life, our Purpose is clear and that is to help our clients achieve lifetime financial independence and protect their families.

Anchored by our proud history, we continuously look for ways to bring innovative, insightful and simple solutions to our clients and give them the confidence they need to live their lives without any worries.

We continue to build our our client’s trust through our unwavering commitment to service delivery, unmatched benefits and products that are impactfull and have meaning and everyday application.

By helping our clients meet their financial needs, we are enabling them to gain the freedom they need to live a happier, safer and fulfilled life.

Our individual and group cover policies encompass both savings, banking and retirement products, on the one hand, and other health and personal protection products.

Mutual Life

Our Commitment

We’re committed to helping our Clients achieve lifetime financial security and live healthier, brighter lives

Mutual Life Bank

Better Living

We’re committed to slowing the advance of diabetes by improving the health and wellness of our Clients, our employees and the community.

With You For Generations

Mutual Life, Under the Spartan Ives Insurance Group’s umbrella is  one of the few insurance companies to earn a place among the 2021 Global 500 Most Sustainable Corporations in the World.


Driven by our commitment to responsible growth and guided by environmental, social and governance (ESG) factors, we continually strive to be open about our operations and the information and resources that shed light on our business. 


Mutual Life is fast becoming a global brand and our goal is to serve the immigration population around the world, and each country we currently serve and aim to serve in, you will find the same quality of service, commitment and dedication, however we still cover all nationalities that are living in South Africa.

Mutual Life Australia

Mutual Life UK

Grants & sponsorships

We have strong partnerships with nonprofit organisations across the country that are working to advance economic mobility and social progress in low- and moderate-income communities. Our focus areas include basic needs like food and housing, workforce development and education, and community development. In addition to our philanthropic investments, we also encourage our employees to make a difference by offering robust employee giving and volunteering programs, including the opportunity to direct funds to organisations they support through volunteer efforts, and a matching gifts program that doubles their individual giving to causes they care about.

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