Bidvest Life Email Format
InsuranceKwazulu-natal, South Africa201-500 Employees
Bidvest Life is a life insurer based in Durban, KwaZulu-Natal, South Africa. Founded in 1995 and formerly known as FMI, it operates in the insurance sector with a focus on protecting workers' earnings through income protection, disability, critical illness, and life cover. Unlike traditional models that pay benefits as a lump sum, the company uses a monthly income approach to support salary continuity during illness, injury, or death, and it has been part of the Bidvest Financial Services group since 2016. Its target market includes working South Africans across various occupations, including those in the gig economy and higher-risk roles, seeking income protection. In 2025 Bidvest Life launched Event Based Cover and the Life Priority benefit to broaden access and speed payout processing.