Company Information

Get to know King Price Insurance

Founded in 2012, King Price Insurance entered the South African market with a disruptive model of offering car insurance premiums that decrease every month. The company's mission is to provide fairly priced, simple insurance products with exceptional customer service. While initially focused on car insurance, King Price has since expanded its portfolio to include a wide range of short-term insurance products for individuals and businesses, such as building, home contents, portable possessions, business, and even pet and cyber insurance. They operate as a direct-to-consumer insurer, leveraging technology to streamline processes for quotes, claims, and policy management.

Industry

Financial InsurancePRIMARY
Financial Other Service

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King Price Insurance

South Africa

Founded in

01 Jan 2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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2017

(9 years)

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Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.