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Prosperity Group Funeral Plans


Prosperity Life, the first black owned insurance company licensed in South Africa by the Financial Services Board, was founded in 1951 by a group of Transkei business people.

Their vision and purpose was to provide for the insurance needs of black people, thereby creating capital for business development and community upliftment. Our group, through Assupol Life Ltd, acquired its first interest in Prosperity Life on 1 January 2004, and the entire business of Prosperity Life was transferred to Assupol Life Ltd on 20 June 2012. Assupol still owns the Prosperity Life trade mark.