Likemoney pride themselves on providing the South African public with quality, affordable and cheap funeral cover quotes. We have partnered with great funeral cover providers to bring you comprehensive funeral cover packages. All claims will be paid out within 48 hours.
In the event of death, funeral cover provides your beneficiaries/family with an amount of money which they can use to fund your funeral expenses. Funeral cover in South Africa sounds simple enough, but many people overlook the benefit when planning financial affairs. You must not underestimate the substantial costs of funeral arrangements and anticipate the financial strain it can place on your family in this difficult time. Your family might not have the necessary income required to fund your funeral in the event of your death, and even if you have left cash in your estate to be inherited by your heirs for the purpose of funding your funeral, there could be a slight delay between your death and the payout of the funds.
According to studies and experience, the cost of a typical funeral is about R10 000. With Assupol Funeral Cover you can get up to R30 000 funeral cover. Funeral cover costs generally include a standard coffin, a service fee, church fees, the cost of the grave and press notices. Transportation of the deceased also needs to be taken into account and will obviously vary, based on the distance the body needs to be transported and could include an additional R8000 (if not more) to the bill. When you include catering, transportation, tents and tombstone, the grand total can equate to about R30 000. This is a relatively conservative example, and in the case of large families and traditional funerals, these expenses could be even higher.
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