Discovery Life’s Funeral Plan is useful for you to think about. There are two funeral…
Discovery Life’s Funeral Plan is useful for you to think about. There are two funeral plans that Discovery Life offers: The Classic Funeral Plan and The Essential Funeral Plan. You should think about Discovery Life’s Funeral Plan as premiums begin from R53 a month for ingl individual and you are able to cover a maximum of 15 people on your Funeral policy.
These benefits apply on The Classic Funeral Plan in the case of a death:
Double your payout on accidental death: Discovery Life will automatically pay double the cover amount if you or your spouse dies because of an accident.
Payment in 24 hours: Your claim will be paid out by Discovery Life within 24 hours, after they have received the required paperwork.
Continued cover for your spouse: After your death, Discovery Life will pay the funeral cover premium for one year to make certain that your spouse and children will have funeral cover.
Payout for your children’s education: The Education Benefit will supply a lump-sum payout per child on your death or your spouse’s death. This will aid in making certain that your children’s education will be covered following a life-altering event. The education payout will vary according to your plan choice.
Premium PayBack Benefit: You will get an annual PayBack each year from your second year. This PayBack will be a percentage of your premiums paid in that year.
Automatic baby cover: If your child dies within the first three months of birth, or is a stillborn, you will get a lump-sum payout. This will be paid to you or your spouse.
Cover for the unveiling: The Memorial Benefit is an automatic benefit that will pay a lump sum of R5 000 for you as well as your spouse to aid with the costs of the unveiling.
Cover for groceries: The Grocery Benefit will pay out a lump sum for you as well as your spouse, which can be utilised to cater for your household during or after the funeral. The payout will vary according to your plan choice.
These benefits apply on The Essential Funeral Plan in the event of a death:
Discovery Life contact details:
Address: 155 West Street
Tel: 0860 00 54 33
Email: [email protected]