Funeral Cover is important for everyone, especially if you want to take the financial pressure off your loved ones. Many people don’t want to leave their family members with unexpected expenses in the event of their passing.
Funerals cost thousands of Rands and many South Africans don’t have extra money lying around to cover the costs associated with burials, tombstones, organising transport for relatives and paying for all of the additional expenses. If you already have a life insurance policy, then an additional funeral policy is often needed.
Some people prefer to keep money stashed away for their Funeral Cover. The problem with this is that your family members will probably have trouble accessing this money in the days following your passing. In this case, they will have to take out a loan or rely on friends and family to help cover these costs. Seeing as they will already be dealing with a lot of sadness, stress and grief, the best way forward is to invest in Funeral Cover that will give them immediate access to the funds that they need to cover the funeral.
If your dependants run the risk of having to loan money from family members (and have to pay that money back with interest or within a certain amount of time), then make the decision of relieving them from this financial pressure today! Total Risk Administrators offers Funeral Cover that can give you and your family members peace of mind. With this Funeral Cover, a pre-determined sum of money will be paid to the policyholder or nominated beneficiary in the event of one of the registered beneficiaries passing away. Contact us for more information
Note: All material on this website is provided for your information only and may not be construed as medical advice or instruction. No action or inaction should be taken based solely on the contents of this information; instead, readers should consult appropriate health professionals on any matter relating to their health and well-being.
The information and opinions expressed here are believed to be accurate, based on the best judgement available to the authors, and readers who fail to consult with appropriate health authorities assume the risk of any injuries. Errors and Omissions Excepted. Terms and Conditions Apply.