Giving your loved ones peace of mind comes with thinking about creating financial safety nets that will protect them.
One of the ways to do this is to have a funeral policy that can help them shoulder the costs of preparing for a funeral. However, with so many options available which cover will be the best cover for you?
Understanding the costs of funerals in South Africa?
Funeral policy premiums form part of the equation when it comes to finding the best funeral cover, but it is also crucial to understand the costs of funerals in South Africa to make sure that you are adequately covered. With funeral expenses hiking by 12% and showing no signs of stopping, making sure that you are adequately covered will be the most important aspect when it comes to finding the right fit.
Depending on the type of funeral rites that you or a loved one will want to follow, you could be looking at spending anything between R23,000 - R86,000 or more when it comes to shouldering funeral costs. Keeping this in mind can make it easier for you to navigate your way around making sure that all funeral costs are covered for peace of mind on the day.
What is the cost of funeral covers?
Funeral policies are one of the most popular financial policies in South Africa, with most people opting for this cover to protect themselves and their loved ones. When it comes to finding an affordable cover, there are plenty of options with policies ranging from R25 a month - R250 or more depending on the insurer. However, looking beyond the premium can let you know if you will be getting more value for your money as each policy has different benefits that can come in handy.
What is the best funeral cover?
Searching for the best funeral cover boils down to the benefits that are on offer instead of how affordable the premium is. Having a list of things that you require when it comes to making sure that you and your loved ones are buried with dignity can help you sift through policies that will not be the right fit. Researching the costs for how much it will cost to organise a funeral can also help you be better prepared when it comes to settling on a policy. You can also request a quote from us to have someone walk you through your options towards finding the right fit for you and your family.
