It is often said that the only constant in life is change. Life is unpredictable and we never know when we or our loved ones will die. Something people often have to contend with is the high costs of arranging a funeral. Getting African Bank Funeral Cover can help to give your family peace of mind in the event of a death.
Underwritten by The Standard General Insurance Company Limited, African Bank Funeral Cover offers South Africans an option to subscribe for a plan with benefits between R10 000 and R30 000.
There is also an option to extend cover to include beneficiaries above the age of 22.
Tell me more about African Bank Funeral Cover?
African Bank Funeral Cover, known as the Claims Express Funeral Plan promises to pay-out approved claims within 24 hours. If they don’t, they will pay you double.
Premiums are available from as little as R35 per month. To include your spouse in your funeral plan you can expect to pay between R55 and R135. You can also cover a family of up to eight children starting from R69 per month.
For R75 per month you can expect to get a R30 000 for one individual.
For an additional R55 you can get cover for a member of your extended family so that you get a pay-out of R30 000 in the event of a death.
Documents required for the Claims Process:
- Completed claim form
- Certified copy of beneficiary’s ID
- Certified copy of deceased’s ID (or children’s birth certificate)
- Certified copy of deceased’s death certificate
- Certified copy of the main member’s ID