What is Funeral Insurance?

The cost of funerals has risen sharply over the past few years. In fact; it is not uncommon to find the cost of even the most basic of funerals erring on R20, 000+. This cost is near on impossible to meet for most people. It therefore comes as no surprise that more and more people are opting to buy funeral insurance.

Funeral cover is a special type of insurance policy. It is rather simplistic in nature. All you need to do is make your payments each month. Upon your death, your family will receive a payment. This allows them to cover the expenses of your memorial. This is the only thing that the policy will cover. Some providers have extra benefits over and above the payout. This can include a shopping benefit, education, memorial benefit, etc.

At What Age Should I Sign Up?

Burial insurance can be obtained at any age. In fact, many people signing up for funeral cover are those over the age of 70. It is however worth bearing in mind that the older you get, the higher your premium is actually going to be. That being said; getting the insurance policy should, in most cases at least, be far cheaper than to cover expenses. At least, you know there is a certain amount you will receive at the end. You can choose this amount when you sign up. So we usually suggest that you get your own policy as soon as you can afford it. The good news is that cover starts from as little as just R36 p/m. Don’t wait until it is too late.

About Claims

Burial insurance is slightly different to other insurance policies. It seems as though that this is one of the only insurance policies where an insurance company will pay out without any hassle. The majority of burial cover policies out there will make a lump sum payment to your family upon your death. This will normally arrive within a couple of days and ensure that they are able to cover funeral expenses without having to dip into their own pocket. Most provider settle claims within just 48 hours.

Some insurance companies will prefer to deal with a funeral director directly. This means that the insurance companies will foot the whole bill up to a certain amount. In a few cases, the insurance company will select the funeral director, but this is actually quite rare nowadays. Either you or your family will be able to select whom you wish to deal with your funeral. All the providers we represent will pay the money directly to your beneficiary.

What is it Used for?

Burial insurance will cover all funeral expenses. In a few situations, it may also include the ‘legal side’ of dealing with probate. It is however worth reading into the policy that you select to discover exactly what you are entitled too. All policies are different and reading the terms and conditions is the only way in which you will be able to work out what you can expect from the policy.


It is worth noting that there are a number of companies out there at the moment offering funeral insurance. Most of the large insurance providers do. It is therefore worth taking the time to ‘shop around’ to find the best possible deal. We offer your quotes from elite providers. Our team is fully confident that you will be happy with the quotes you get from us. We have made sure that we cover every avenue. The providers we represent will be able to offer you anything from individual to family death cover. We can even arrange cover for groups or employees. Source – Group Funeral Scheme

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