Compare life and funeral cover in Zambia

By the Rateweb editorial team · How we rate · Product details checked 2 Aug 2026

Life and funeral policies from long-term insurers registered with the Pensions and Insurance Authority (PIA). Prefer a PIA-registered insurer over an informal funeral scheme — unregistered societies have collapsed with members' contributions.

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4 results
Most recognised

ZSIC Life

The life arm of the state-owned insurer — the most recognised name in the country for life and funeral cover, and registered with the PIA.
life
Type
PIA-registered (long-term)
Regulator
Nationwide
Branch Network
Pros
  • State-owned, long-established and widely known
  • Nationwide branch reach for claims and servicing
  • PIA-registered long-term insurer
Cons
  • Premiums depend on age, sum assured and health — no price list
  • Read the exclusions and any waiting period before you buy
  • Recognition is not the same as best value — compare quotes
Fees, eligibility & documents
Fees
PremiumQuoted on age, cover amount and health
Waiting periodAsk before signing — it decides when cover actually starts
Visit ZSIC Life

Madison Life Insurance Zambia

A long-established Zambian life insurer offering life and funeral products, with a general-insurance sister company if you want everything in one place.
life
Type
PIA-registered (long-term)
Regulator
Has a general-insurance sister company
Group
Pros
  • Established Zambian life insurer
  • Life and funeral products in one range
  • PIA-registered and an IAZ member
Cons
  • Premiums are individually quoted
  • Check exclusions and waiting periods carefully
  • Compare against at least one other registered insurer
Fees, eligibility & documents
Fees
PremiumQuoted on age, cover amount and health
ExclusionsGet them in writing — this is where claims get refused
Visit Madison Life

Sanlam Life Insurance Zambia

The Zambian life arm of one of Africa's largest financial-services groups — worth a quote for life cover and longer-term savings-linked policies.
life
Type
PIA-registered (long-term)
Regulator
Pan-African financial-services group
Group
Pros
  • Part of a major pan-African financial-services group
  • Life cover plus savings- and investment-linked options
  • PIA-registered long-term insurer
Cons
  • Investment-linked policies are more complex than plain cover
  • No published premiums — everything is quoted
  • Do not confuse a savings policy with pure life cover
Fees, eligibility & documents
Fees
PremiumQuoted on age, cover amount and product type
Investment-linkedAsk what portion is cover and what portion is savings
Visit Sanlam Zambia

Hollard Life Assurance Zambia

Hollard's Zambian life licence, covering life and funeral products — a useful comparison quote alongside ZSIC and Madison.
funeral
Type
PIA-registered (long-term)
Regulator
Pan-African insurer
Group
Pros
  • Backed by a large pan-African insurer
  • Life and funeral cover available
  • PIA-registered long-term insurer
Cons
  • Premiums quoted individually
  • Smaller branch presence than the state insurer
  • Confirm the claims process and turnaround up front
Fees, eligibility & documents
Fees
PremiumQuoted on age, cover amount and health
ClaimsAsk what documents a beneficiary must produce
Visit Hollard Zambia

Ratings are Rateweb's editorial opinion. Product details can change — always confirm with the provider before applying. Rateweb may earn a commission on some applications. This is general information, not financial advice.