One of the biggest considerations is how much cover is enough. Funerals are expensive, and immediate cash makes a big difference after the death of a loved one and those left behind.
One also needs to consider whether a cash payout, funeral assistance benefits (like car hire, groceries, pre-paid electricity, and others), or a combination of both would be the best cover.
Our funeral plans range from R5 000 – R100 000 cover, while our Value Funeral Plans offer a range of funeral assistance benefits with an Umgodi cash pay-out, which means we have something for your specific needs.
We all have different needs. Funerals are expensive and immediate cash makes a difference after death, removing the stress and financial burden on loved ones. Consider your unique situation and family (both immediate & extended), how the loss of a loved one would impact them and what your/their funeral cover requirements are. There are many costs associated with a funeral, planning for such an event can make a significant difference when the unplanned happens. Our plans start from as little as R45pm and our cover ranges from R5 000 up to R100 000 cover, which means we have something for everybody.
How do I know if my funeral insurance policy will cover all of my funeral expenses?
Get as much information as possible to avoid any surprises when the time comes. We suggest going to your nearest funeral parlour and finding out what the cost of a funeral entails, including any hidden or extra costs (like legal and administrative costs) that are not so obvious until one is confronted with having to arrange a funeral. This should give you a good idea of the cover that is needed.
What happens if the funeral expenses exceed the coverage amount on my policy?
Any shortfalls will need to be paid for out of your, or your family’s pocket. It is very important to get the right cover and not leave anything to chance to avoid costly debt. Anything left after the funeral however can be used for other purposes like education, clothing, food or other living expenses for those loved ones that are left behind. Nothing says it MUST be used for the funeral and making provision for a little extra really does go a long way in providing for loved ones even when we are no longer there to do so.
