Get funeral cover from Old Mutual no matter how old you are.
November 30, 2017
Old Mutual have a shining record of service and have been around for many years. Here’s what an Old Mutual funeral policy includes –
- Affordable premiums.
- Added benefits that are really useful.
- The level of cover you want.
- Easy claims process.
- Cashback on certain plans.
The death of a loved one is a stressful time and the last thing you want to worry about is how to pay for funeral costs. Giving your loved one a proper funeral service is the right thing to do.
Unfortunately, doing so is quite an expensive prospect without a funeral plan. The key is to find a company with a good reputation and one that pays out as agreed.
An Old Mutual funeral Policy takes Care of Your loved Ones
Old Mutual’s funeral plans are affordable and simple to understand and the company guarantees it will pay out all valid claims. It has established an excellent reputation in South Africa and sticks to its promises.
Old Mutual funeral Policy – Who can You cover?
There are three different levels of plans – Care, Standard and Comprehensive. You decide on the level of cover that suits you best. You can choose to insure yourself, kids, parents, in-laws, and any other family members.
If you are divorced, you can save by only insuring your kids and not the ex as well. The level of cover depends on the plan that you select. For very plain, simple cover, the Care plan is the most affordable option. If you want some added benefits, try the Standard or Comprehensive Plans.
Benefits for the Standard and Comprehensive plans –
Both the Standard and Comprehensive Plans pay you cash-back every 36 premiums and include a benefit for terminal illness.
You can add a grocery or education benefit to your plan. This is useful if you are the main wage earner. When you pass on, your family receives a monthly payment to cover groceries or education costs. Or both depending on your level of cover, plus, the payments continue for a year.
The plans offer double benefits payable if you die in an accident. They also allow you to with-hold payment (being retrenched for example) so you don’t lose your policy. The Comprehensive plan has cover of up to R70 000 and includes a retirement benefit as well. This means that your premiums are marked as paid up when you retire.
Old Mutual funeral Policy – How does the Claims process Work?
You need to get in touch with the call center and complete the required forms. You must provide a copy of the deceased’s ID, their death certificate and bank statements.
What is the Cost?
This depend on your current age and how many other people you want to insure. The best thing to do is to submit your details online and get quotes.
For a Funeral quote, fill in the form on this page.
All info was correct at time of publishing