Funeral insurance is designed to cover the costs of funeral expenses which will help to relieve the stress from your family and loved ones at what will be a difficult and emotional time. If you want to make sure that you get the funeral you want, especially as funeral costs can be expensive, you can find an affordable solution with funeral insurance. As with any insurance product it pays to research thoroughly to find the funeral insurance in South Africa that can provide the best cover at the right price. With the comparison table below you can find quality policies that are tailored to suit your requirements. Please make sure that you read the terms and conditions of any funeral insurance policy carefully to ensure that you will be fully covered should the worst happen.
Compare Funeral Insurance
With funeral insurance your family will not only be assured of financial assistance in the future but the cover helps to pay for the funeral and other immediate costs.
Why the need for Funeral Insurance?
Funeral insurance in South Africa exists as a standalone insurance policy, even though many life insurance policies include it as a benefit. Life insurance differs from funeral insurance in that it insures your life and makes sure your family and loved ones are financially secure when you die. There are more benefits that can be gained from a life insurance policy but it can cost a lot more.
Funerals can be very expensive. The cost of burial space, coffins, catering, flowers, cars and other expenses can add up. Funeral insurance gives you peace of mind knowing that when you die these expenses can be taken care of. It can be a lot cheaper than life insurance but it won’t pay out as much.
What does Funeral Insurance Cover?
Funeral insurance can assist in lightening the burden of your family at a time when they are dealing with the loss of a loved one. Funeral insurance can provide financial assistance. The cover allows you to help pay for the funeral through a lump sum and it can take care of any other immediate costs.
How does it work?
Funeral insurance covers an amount specified by the policyholder for the cost of a funeral.
A funeral insurance policy can include cover for accidental death, natural death, spouses and other family members. There can also be additional benefits such as trauma assistance and medical cover.
You may find there are no medical examinations required to join a funeral insurance plan.
Where can you buy Funeral Insurance?
There is a wide variety of insurance policies available in South Africa and so it is important that you take the time to research what is available to help you find a good deal.
You can use the table above to compare different funeral insurance policies.
What are the different types of funeral insurance?
Funeral plans are available for both cremation and burial and provide an affordable way to take the financial burden away from your family when you have gone. Funeral cover and death are two topics that people do not like to talk about, it is however, necessary if you would like your affairs to be in order before you die.
What will you and your family gain from taking out funeral insurance?
Having sufficient funds available for when you die is paramount for your family so you can be confident that if you or your loved ones pass away you will be able to pay for a coffin and burial. You will usually receive payout within 48 hours and cover for your partner or children. There are many additional benefits that you can receive with funeral insurance including an unveiling benefit, free airtime to help with making arrangements and groceries benefits to help you with the finer details.
Compare the various funeral insurance companies above so you can he sure you get the best cover for you and your family.
Not a nice insurance to place on your list of things to do , but Funeral Insurance is a very big part of everyone's lives.
14 May 2015
Which Way To Pay
Making sure our loved ones are not only left with the emotional distress but also the financial stress of loosing a loved one.
29 May 2013
Taking out insurance for one's own funeral seems odd to some people. After all, you will be dead when it is paid out – but in fact the funeral insurance is similar to life insurance and even can be part of its policy.
24 April 2013
Life Insurance. Do you ever think about what happens when you are not there anymore? No, this is by no means a suggestion to start saving somber thoughts, it is to consider if one's family members are provided for after you have died, especially if you are the main earner.
30 July 2012 14:00
Which Way to Pay
New Product! Some things we’d prefer not to think about. However, should the unthinkable happen, will your family be covered? What kind of send-off will it be? Make certain you and your loved ones are provided with only the best, no matter how difficult the circumstances. A Funeral Plan can provide cover for yourself only, or for you, your spouse and dependent children as well as your extended family should the need arise.