FNB Funeral Plan – Quick Payout Insurance for the Unexpected
August 7, 2018
FNB Funeral Plan knows that death is an inevitable part of life and a sad time for the family.
Perhaps you have not prepared for this eventuality by taking out funeral plan insurance. In that case, you are also going to find how financially stressed one can be at this time.
There are many funeral plan policies for which you can get quotes. In fact, you can tailor a funeral policy to fit in with your budget and lifestyle.
One worth considering is the FNB Funeral Plan. That’s because it pays you up to R60 000 and coverage beyond that of just the funeral. And it pays fast!
FNB Funeral Plan and the Many Benefits You Can Expect
Planning a funeral is always a difficult time for any family, that’s why the FNB Funeral Plan is easy to understand and even easier to apply for. Not only do you get financial peace of mind in unfortunate times with an FNB funeral plan – you also get more value and rewards with eBucks every month.
FNB funeral cover pays out claims within 24 hours of receiving all the required documents so you can rest assured that you and your loved ones are covered.
- Get R100 000 cover for you and your spouse
- You get R50 000 cover for your parents
- Get R30 000 cover for your children
- Earn extra eBucks every month
Importantly, getting the payout will only occur once the bereaved have handed in all the correct documentation about the death of the insured.
These will be the correct IDs, death certificates, etc. Significantly, there are many benefits that you will receive once you decide to take out the FNB Funeral plan.
FNB Funeral Cover Benefits
- Great peace of mind that you and your family will have finance paid out to help as you plan the funeral
- If you are the one taking out the insurance, you will have excellent funeral cover for you, your spouse, up to 8 children, your parents and parents-in-law and even up to 8 extended members of your family
- The cover options can range anything from R10 000 to R60 000
- You can take out whole life cover for every single member of your family that you choose
- You get an R5000 memorial benefit which is then available to the plan holder
- And you can adjust the level of cover so that it suits you ideally.
The primary member who takes out an FNB Funeral Plan SA should be between the ages of 18 to 64 and a mere R42 a month will give you R10 000 funeral cover. For R58 a month you get R20 000 cover, and for R105 a month you get R60 000 cover.
As the FNB funeral plan account holder, if you have a spouse, you will need to have equal coverage. The entry age for children to be insured should be between ages 0 to 17. The children all need to have the same coverage amounts and may not have higher cover than the person who is the plan holder.
The extended family members also need to have the same FNB funeral cover plans amount as well as the in-law parents. None of the extended family members or parents-in-law can have higher insured values than the plan holder.
FNB Funeral Cover Requirements are Minimal
If you are interested in the FNB Funeral Plan, there are just a couple of things that need to be in place. For instance, you need to be a South African citizen or a permanent resident of South Africa to apply.
That means you need to have the green bar-coded ID. And the person taking out the insurance, the primary member, must be between the ages of 18 and 64. The primary insurance holder must also have the banking details of an account to quality.
An FNB Funeral Plan is Essential for Anyone Who has a Family
First National Bank is the largest commercial bank in South Africa and has huge success with its banking facilities and insurance facilities. They offer really affordable funeral plans for you and your family to consider.
You cannot afford to lose out on all the benefits the FNB Funeral Plan offers by being a policy holder.
To get a funeral cover quote, please complete and send the form on this page
All info was correct at time of publishing