Are you a young and ambitious individual seeking a career in the insurance industry? Look no further than AVBOB. This company is in partnership with INSETA offering a Long Term Insurance Unemployed Learnership programme, NQF Level 4, 140 credits.
The AVBOB Long Term Insurance Learnership is a 12-month programme that combines theoretical learning with practical work experience. Learners will receive a monthly stipend and have the opportunity to work in various provinces across South Africa. The learnership covers a range of topics, including insurance principles, risk management, and customer service.
Benefits of the Learnership
- Gain industry-recognized qualifications and skills
- Receive practical work experience and training
- Earn a monthly stipend
- Opportunity to work in various provinces across South Africa
- Preference given to previously disadvantaged groups
Top Destinations for AVBOB Long Term Insurance Learnership
The learnership is available in various locations across South Africa, including:
- Eastern Cape
- Free State
- Gauteng
- KwaZulu-Natal
- Mpumalanga
- Limpopo
- Western Cape
- North West
Who are Eligible for this Leanership?
To be eligible, applicants must:
- Be between 18 and 35 years old
- Have a matric certificate with Maths/Maths Literacy/Accounting and English Second Language
- Be a South African citizen
- Have reliable transport and a permanent cellular phone and email address
- Excellent communication and computer skills
How to Apply for AVBOB Long Term Insurance Learnership
Applications can be submitted online through the AVBOB website. The application process typically opens in November, and learnerships commence in February the following year.
Is AVBOB an insurance company?
Yes, AVBOB is a mutual assurance society that provides a range of insurance products and services in South Africa. AVBOB stands for Afrikaanse Volks Beleggings Organisasie Beperk, which translates to “Afrikaner People’s Investment Organization Limited”.
AVBOB offers various insurance solutions, including:
- Life insurance
- Funeral insurance
- Disability insurance
- Retirement annuities
- Investment products
What is the age limit for AVBOB life insurance?
The age limit for AVBOB life insurance varies depending on the specific policy . Here are some age limits for different AVBOB life insurance policies:
- Cashback Life Policy: Available to individuals from 18 to 80 years of age.
- Cashback Lifestyle whole-life insurance policy: Available to individuals from 18 years old to those turning 80 .
- Funeral cover for senior citizens: Available to individuals from 65 to 85 years old .
- Group Funeral Insurance for Pensioners: Available to individuals 64 years and older, with no maximum age limit.
AVBOB Life Insurance Policy Benefits
AVBOB life insurance policies offer various benefits to policyholders, including:
- Death Benefit: A lump-sum payment to beneficiaries upon the policyholder’s death.
- Funeral Benefit: A guaranteed funeral payout to help cover funeral expenses.
- Cashback Benefit: A percentage of premiums paid back to the policyholder after a specified period.
- Accumulated Cash Value: A savings component that grows over time, allowing policyholders to borrow against or withdraw from it.
- Disability Benefit: A payout or waiver of premiums if the policyholder becomes disabled.
- Critical Illness Benefit: A payout upon diagnosis of a critical illness, such as cancer or heart attack.
- Terminal Illness Benefit: A payout if the policyholder is diagnosed with a terminal illness.
- Income Protection: A monthly income benefit if the policyholder becomes unable to work due to illness or injury.
- Retirement Benefit: A payout or annuity to support the policyholder’s retirement.
- Tax Benefits: Potential tax benefits on premiums paid and benefits received.
AVBOB Contact Details
Get in touch with AVBOB for more information on their life insurance policies, to submit a claim, or to speak to a financial advisor:
Head Office:
Phone: +27 12 366 4600
Fax: +27 12 366 4611
Email: info@avbob.co.za
Physical Address: 368 Selborne Avenue, Lyttelton, Centurion, 0140
Customer Service:
Phone: +27 12 366 4600 (option 1)
Email:customerservice@avbob.co.za
Claims:
Phone: +27 12 366 4600 (option 2)
Email: claims@avbob.co.za
Financial Advisors:
Phone: +27 12 366 4600 (option 3)
Email: financialadvisors@avbob.co.za
Website: www.avbob.co.za
Social Media:
Facebook: @AVBOB1921
Twitter: @AVBOB
LinkedIn: AVBOB Mutual Assurance Society
Conclusion
AVBOB is a well-established and reputable company in South Africa, with a history dating back to 1921. They aim to provide financial security and peace of mind to their policyholders and members.