Funeral costs can run into the thousands and often funds are tied up to an estate.
Our Funeral Cover Policy is designed to pay claims as quickly as possible in the event that the Main Member or one of the Insured Dependants pass away.
This assists in covering the financial burden posed by even the simplest funeral.
CoverCubed Funeral Cover is underwritten by Guardrisk Life Limited, FSP No 76.
| Plan A | Plan B | Plan C | Plan D | Plan E | Plan F | |
|---|---|---|---|---|---|---|
| Principal | R5000 | R10,000 | R15,000 | R20,000 | R25,000 | R30,000 |
| Spouse | R5000 | R10,000 | R15,000 | R20,000 | R25,000 | R30,000 |
| Aged 14–21 | R5000 | R10,000 | R15,000 | R20,000 | R25,000 | R30,000 |
| Aged 06–13 | R2500 | R5000 | R7500 | R10,000 | R12,500 | R15,000 |
| Aged 01-05 | R1500 | R2500 | R3750 | R5000 | R6250 | R7500 |
| Stillborn to 11 Months | R500 | R1000 | R1500 | R2000 | R2500 | R3750 |
| Monthly Premium | R25 | R50 | R75 | R100 | R125 | R150 |
The above table shows the amount that will be covered by the different membership categories as well as the premium payable per family per month
Provides benefits for the Main Member and their immediate family members only i.e. spouse and / or child / children under 21 years of age.
Spouse is defined for this Policy as the legal or common law husband / wife of a Member or such a person residing with the Member (for a period of at least 12 months proved with an affidavit), who is normally regarded by the community as the Member’s husband / wife.
Will pay a pre-determined sum of money to a Main Member or Nominated Beneficiary in the event of one of the Insured Lives passing away.
Imposes an entry age limit of 65 years.
Applies a 6 month waiting period for death due to natural causes.
1. Where death is due to self-inflicted injuries within 12 months of taking out cover.
2. Where claims are submitted and received after a period equal to 3 months after the date of death.
The following documentation shall be supplied to the Insurer by the Policyholder or the Claimant/Beneficiary for a Benefit:
Claims will be paid via EFT into the bank account identified by the nominated beneficiary
A full list of terms and conditions can be viewed here.
