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BACKGROUND. Safrican Insurance Company began as a burial society in 1932 in Sophiatown.Its core business was funeral aid.Founded as an answer to the community\'s need for a dignified and lasting tribute for their departed loved ones, at very affordable rates.. SAFRICAN IS CURRENTLY. . Credible BEE Life Company. One of the leading funeral policy underwriters. With more than 2 million principal lives covered. More than 7 million lives insured. Market share of more than 50%. Because14

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