No matter how prepared we are for death, we are never fully able to comprehend such a situation. It is painful, and somber, but it doesn’t have to be desperate, and it doesn’t have to be a financial strain on your family’s resources when you or one of them pass away. In the event of death, funeral cover provides your loved ones with an amount of money which they can use to pay for your funeral expenses. This benefit sounds simple enough but often is overlooked when South Africans structure their financial affairs. Let Likemoney help you find affordable funeral cover. Click Here to start comparing funeral insurance.
People underestimate the costs of funeral arrangements and do not anticipate the financial burden it can place on family members during this difficult time. Your family might not have the necessary funds required to pay for your funeral in the event of your death and even if you have left cash behind to be inherited by your family for the purpose of funding your funeral, there could be a considerable delay between your death and the payout of the funds.
Assupol Funeral Cover: Assupol received the most positive feedback from the customers on Likemoney. Their products have been designed for South Africans, by South Africans and they pride themselves on knowing what their people need. Assupol are leading funeral policy providers as you can get funeral cover from them from as little as R1.50 a day! They offer two funeral cover plans, a single plan for the life insured or a family plan. You can get a plan that suits your needs provided that you have a minimum monthly salary of R2500.
Kaizer Chiefs Funeral Cover: You can get funeral cover from Kaizer Chiefs from as low las R86 per month. Kaizer Chiefs offers a comprehensive family funeral benefit. It covers you in the event of your death for up to R50 000 that could be paid out within 48 hours.
Hollard Funeral Cover: With Hollard, you can receive funeral cover from R10 000 up to R75 000. You will also get 20% up to cash back! You’ll be paid out a lump sum of 20% of all the funeral insurance payments you’ve paid after every five consecutive years.