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Life Family Funeral Plan
Life > Family Funeral Plan
In the unfortunate event of you passing away, your family will receive a payout of up to R50 000 to cover burial expenses, upon a valid claim.
Our family funeral plan covers you, your partner, and up to five of your children.
| Cover Amounts | ||||
|---|---|---|---|---|
| Policyholder & Partner AgeD 18-65 |
R10 000 | R20 000 | R35 000 | R50 000 |
| Child: Aged 14 - 20 | R10 000 | R20 000 | R35 000 | R50 000 |
| Child: Aged 6 – 13 | R5 000 | R10 000 | R17 500 | R25 000 |
| Child: Aged 1 – 5 | R2 500 | R5 000 | R8 750 | R12 500 |
| Stillborn | R1 250 | R2 500 | R4 375 | R6 250 |
| Premium P/M | R63.00 | R81.00 | R131.50 | R192.00 |
- An additional R2, 500 grocery benefit will be paid out at no extra cost when the policyholder or the partner passes away.
- R5000 contribution will be paid towards erecting a tombstone at no extra cost after 12 months, when the policyholder or the partner passes away.
- For continued cover, please ensure that your family funeral plan premium is paid in full on a monthly basis.
- Only one partner and up to five children under the age of 21 may be covered under this policy.
- Please note that your premium will increase by 6% and your cover will increase by 5% annually.
- To qualify for cover you and your family must be South African citizens.
- Claims are paid out within 48 hours of receipt of all required documents.
Waiting periods:
- A six-months waiting period applies for death due to natural causes.
- No waiting period applies for accidental death, once you have paid your 1st premium.
- A 12 months waiting period applies for death due to suicide.
Premiums for your funeral can be collected via payment on your Edgars account or debit order
Underwritten by The Hollard Insurance Company Limited (Reg no. 1952/003004/06), a Licensed Non-life Insurer and Hollard Life Assurance Company Limited (Reg no. 1993/001405/06), a Licensed Life Insurer, both are authorised Financial Services Providers. Ts&Cs apply.
