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Funeral Insurance

What is a funeral plan?         

The Funeral Plan pays out cash to a beneficiary you nominate in the event of your death.

 

Who does it cover?    

Funeral Plan allows you to cover your immediate family and extended family, including your parents and parents-in-law, brothers, sisters, aunts and uncles. This policy covers up to five children and only one spouse per main insured person.

 

Who can take out a Funeral Plan?    

It is available to anyone under the age of 65.

 

Do I need a medical examination to join?

No.

 

Can I still apply if I'm not a SB customer?   

You do not need a Standard Bank account to take out FuneralPlan cover.

 

How long would beneficiaries have to wait before being paid out?           

Waiting period for suicide is 24 months. Waiting period for accidental death is one month's premium paid. 6 months for main insured, spouse and maximum five children. 18 months for free embedded dependent grocery benefit. 6 months for extended family members. 12 months for parents and parents in law

 

What are the benefits?          

Living benefits available for free to all insured persons: Doctors and Dentist Network, Optometrist network, Emergency Transport, Premium Waiver, Funeral Assist, Medical Assist, Trauma Assist, Trauma counselling for bereaved families, Medical treatment for bodily injury due to accident or assault, 24 hour HIV/Aids Helpline 365 days a year, Post and Pre testing counselling and guidance, Accidental HIV exposure cover. *Ts & Cs apply

 

Who can I contact for more info?     

SMS “Funeral” to 31492 and we will call you back. Alternatively you can contact 0860 121 151 and our consultants will assist you. Thanks

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‎25-03-2015 08:12 AM
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