Joyce Meyer stated: “I believe that the greatest gift you can give your family and the world is a healthy you.” But imagine if you were to pass away tomorrow? While you would not know anything about it, your family and those you leave behind would be devastated and shocked. The final gift that you can give your loved ones is the gift of proper Funeral Cover.

Even wealthy people that have sufficient money to cover the exorbitant costs of a funeral today require Funeral Cover. Many times, bank accounts are frozen, pin numbers are forgotten (or maybe they have never been shared), and you cannot risk keeping the amount of money required for a funeral under your mattress. Having a funeral plan in place gives you the peace of mind that your family can easily do what is necessary when they are at their lowest.

Benefits of Funeral Cover

The number one benefit of a Funeral Cover policy is that it is designed to pay claims as quickly as possible, to assist in covering the financial burden posed by even the simplest funeral.

A pre-determined lump sum of money is paid out to a policyholder or registered beneficiary in the event of the main member or one of the registered beneficiaries passing away.

There are some restrictions, though, so be sure to ask questions to your intermediary regarding:

• Any age limit,

• Waiting period, and/or

• Limit on who is covered.