Metropolitan Funeral Plan Benefits.
In certain states, the payments will stop. This benefit will activate upon the death or retirement of the policyholder. It will also activate when the policyholder turns 65.
Accidental Death Benefit
This Accidental Death Benefit is available to the direct family. Direct family means the insured policy owner, partner, and children. This benefit will pay up to R30 000 upon accidental death. This option is only available for member younger than 65 and older than 13.
Metropolitan Cashback Benefit
The premium payer will receive a cash payout after five years. This benefit is subject to certain conditions. All money must be up to date and paid in full. You can use this money for anything. This bonus is to thank you for your devotion.
Shopping Benefit (Optional)
This benefit is only available if the policy includes the Paid-up benefit. With this benefit, the cover stays on after a claim. This benefit is only for the policyholder. It pays out upon death, or if the policyholder turns 65. This optional benefit will pay up to R18 000. The money can be to pay for grocery shopping after the claim.
Tombstone Benefit (Optional)
This benefit will make extra money available for the headstone. You can change the payout date up to five times. This date must be within 18 months of the claim. You can take this benefit separately.
INkomo Benefit (Optional)
This benefit will make extra money available for the catering. This optional benefit will pay a maximum of R18 000. This benefit is a catering benefit to accommodate your family. When you translate the word, iNkomo, it means “The Cow” benefit. You can take this benefit separately.
Survival Benefit (Optional)
This benefit will pay when the policyholder turns 65. This optional benefit will pay a maximum of R50 000. You can take this benefit separately.