Insurance pay in Cape Town ranges from R7 000 to R55 000/month across 7 roles (2026). Compare entry to senior salaries and browse current openings. Salary range: R7 000 – R55 000 per month. Last updated 2026-05-22. Cape Town is a significant insurance hub, with companies like Santam, Old Mutual, Hollard, and Discovery maintaining large operations in the city. The insurance sector spans short-term (car, home, business), long-term (life, disability, retirement), and health insurance. Brokers and advisors often work on a commission