This policy provides Last Funeral Expense benefits due to loss of life from accident or natural causes. The benefit can be a cash incentive or an actual funeral service
Download our brochure for Funeral Assurance below.
What is Funeral Assurance?
This product also known as last expenses is one that provides a fully-fledged funeral service by licensed funeral service professionals or an equivalent cash benefit incase a life assured pass on. A group of people (20 members and above) is eligible for this product and a desired fixed benefit is selected at the time of signing on. The lumpsum benefit is paid out should a claimable situation arise; the benefit can be paid to the next of kin or declared relatives of the deceased. Alternatively, a full professional funeral service can be provided.
Funeral Assurance Benefits
The Policy is annual, as well as premiums paid annually
Members Are Upto 20
Takes on 20 principal Members and above
Additional Or Standalone
Can be taken on as an additional rider or a standalone product
Service Or Cash Benefit
Benefit can be a service or cash payout
Dependants Are Allowed
Dependents can also be included under this scheme
Members Client Advice
Members can be added or removed as client may advise
Key features of Life Policy – Funeral Assurance Requirements
Documents Required to apply for the policy?
General Life Insurance Frequently Asked Questions
Cover is immediately the client issues the relevant instructions
These are terminal illnesses such as Cancer, Stroke, Kidney transplant, Heart Attack, Paraplegia, Major Organ Transplant (and others as may be requested by the client in line with the set premium)
Benefits are only paid incase a claimable event (loss of life, Disability, Critical illness or Last funeral expenses) happens, and at the end of the policy term, a further annual renewal is encouraged