total risk administrators (TRA) logo

Why It Is Important To Have Funeral Insurance Plan?


Although death is a reality for all of us, a funeral is typically not a planned event. If you would like to ensure that your loved ones do not have to deal with accumulating funeral costs, funeral insurance will undoubtedly give you (and them) peace of mind.  The passing of a loved one is an emotional and traumatic time, and your family will be allowed to grieve if your funeral expenses are already covered.

Why are funeral plans beneficial?

A funeral insurance policy typically provides the following benefits:

  • Financial support to cover final expenses

Although your funeral’s timing cannot be predicted, you can still have the necessary control to ensure that your family does not have to face financial hardship to cover the costs. A funeral plan will help to make matters easier for your bereaved family.

  • Extended family cover

Your funeral policy can include other members of your direct family, such as an elderly parent, your spouse, children, and aunts or uncles.

  • Funeral arrangements are easier

Funeral insurance offers extra assistance to your family during a difficult time, as most funeral homes and funeral directors will guide them through the arrangements. Instead of scrambling to determine what needs to be done, your family will only have to get in touch with your insurer for guidance.

Common questions about funeral insurance

Can I purchase burial insurance if I have a terminal illness or serious health issues? 

Yes. However, some funeral policies might have a six-month waiting period before your coverage will be active.

When should I get funeral insurance?

A funeral policy can typically be taken out for individuals aged between 18 and 65. Premiums might be higher for people over the age of 65. There are also often legal limits on the amount of cover that can be taken out for children.

When does funeral insurance not cover me?

  • It’s important to note that even if you have paid your monthly premiums religiously and stopped paying them, your funeral cover might not pay out.
  • If the insured person died while involved in any form of criminal activity.
  • If the insured person’s death was the result of public disorder, rioting, or war.

If you would like to discuss getting a comprehensive funeral cover policy for you or your loved ones, contact our team at Total Risk Administrators today

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 and 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.


12 July 2024News, TRA News

Unpacking Gap Cover Service Providers: TRA and Stratum Benefits Gap Cover 

Gap service providers are crucial in bridging the financial shortfalls that medical aid may not fully cover. This article will

12 July 2024News, TRA News

Unpacking Gap Cover Service Providers: TRA and Dischem Gap Cover

Signing up with a gap service provider ensures the financial shortfalls that your medical aid may not fully cover are

Read More
25 June 2024News, TRA News

Unpacking Gap Cover Service Providers: Discovery Gap Cover

TRA and Discovery Health Gap service providers are essential in covering the financial shortfalls of the medical scheme (medical aid),

Read More