Multiple funeral policies can lead to unnecessary costs, duplicate cover and confusion. Save money and protect your family by consolidating your funeral cover today.
Consolidate your cover by covering all of your family members on one policy and save. Funeral cover protects your family against the costs of your burial. It also contributes to the costs of your family members’ burials by providing immediate funds to you or your family.
Funeral Cover protects your family against the costs of your and/or your family members’ burial by providing immediate funds in the form of a lump-sum payout to you and/or a chosen beneficiary (usually a family member) in the event of a death in the family. In this way it helps ease the financial burden that is often felt on the death of a family member.
Funeral Cover is one of the most popular and common forms of insurance cover in South Africa. Unfortunately, many South Africans are overpaying as a result of having multiple funeral policies, often with different providers. The cost of all these policies is typically far greater than if you only had one policy. Consolidated Funeral Cover protects all family members, including your spouse and children, on one policy. You can also include parents, brothers, sisters, in-laws and other financial dependents.
Also, you could be paying for something you will not receive the benefit for. For example, a child under the age of seven cannot be covered for more than R10 000 across all polices.
Multiple funeral policies can lead to unnecessary costs, duplicate cover and confusion in administration. By consolidating your cover with one provider, you can place all your family members on one policy and save. It also makes administration easier dealing with one insurer when the time comes to claim.
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