MiFuneral Cover is a new digital-first insurance product designed to help South Africans manage the financial burden of funeral expenses. It's simple, transparent, pays out fast and is affordable as it can be customised to fit your budget. Tailor your cover to suit your unique needs by selecting extra benefits such as Final Expenses Cover (additional cover that’s separate from the Funeral Cover to help you meet other end-of-life expenses) and Income Support Cover.  

What is Income Support Cover?

MiWayLife understands that the passing of a breadwinner can have a devastating financial impact on a family. In addition to unexpected funeral costs, there are other bills and ongoing monthly expenses that need to be paid. By listening to what worries you, our NEW MiFuneral’s Income Support Cover will give you real peace of mind by providing your family with regular short-term financial support. This lifeline ensures that even in your absence, your loved ones can continue to cover essential expenses like rent, groceries, and school fees while they adjust to their new financial situation in the short-term.

How does MiFuneral Income Support Cover work?

When you add the Income Support Cover to your MiFuneral policy, you can select the amount of monthly income you want your beneficiaries to receive. This benefit pays out up to R8 000 monthly for 12 months after a claim is approved. The first income payment will be at the end of the benefit month in which we admit the claim. After that, the remaining income payments will be made at the end of each month. In short, your loved ones are protected with ongoing financial support.

More reasons to choose MiFuneral Cover

Optional extra benefits aside, all MiFuneral policyholders will have access to our complimentary Funeral Arrangement Service which provides you with telephonic support via our knowledgeable and compassionate funeral case managers. They can help you understand the death certificate application process and other legal documents. This service includes a repatriation service that ensures that if anyone insured under the policy passes away more than 100 km from their residence, their remains will be transported to a funeral parlour near their home. These complimentary services provide support and peace of mind through the most challenging times. 
 
The bottom line

The launch of MiFuneral Cover signifies a new era in digital-first funeral cover with a focus on flexible, great-value benefits. If you want to enjoy real peace of mind at an affordable premium and protect your family with our Income Support Cover benefit, why not get a quick quote today?

Did You Know:

You can now take out affordable funeral cover with us online in a few simple steps. No calls and no agents! Discover the digital way to enjoy full peace of mind by buying a MiFuneral Policy cover online.