Top 10 Funeral Insurance Companies

Funeral insurance is nothing new. In fact, it has existed throughout history. The primary function of funeral insurance companies is to collect contributions from members. And this feature, in turn, allows them to organise a funeral because they’ve got money.

In South Africa, both formal and informal funeral cover is available. Whatever way to go, when a covered person dies, you get cash and funeral goods for a decent funeral.

It works this way: funeral insurance companies collect fixed payment amounts at fixed intervals in exchange for a host of impressive benefits. And you enjoy some of these while you’re still alive. So let’s look at which funeral insurance companies in South Africa make it onto the top 10 list.

Top 10 Funeral Insurance Companies

1.  Hollard
South Africa’s largest privately-owned insurance group and a legend among funeral insurance companies. Impressively, they offer funeral cover from R10 000 to R75 000. And the cover is available for your partner, children, parents and extended family. The cover is available for those between 18 and 75. No medical exam. Also, their Family Funeral Benefit includes a maximum of 5 children, up to R20,000. Plus you can enjoy a host of extra benefits – monthly provider, memorial benefit, life cover benefit, vehicle benefit, personal accident benefit, money back benefit and more.

Top 10 Funeral Insurance Companies in SA2. Liberty
Their Burial Plan pays a lump-sum benefit for funeral expenses. Also take your pick from several plans. These include their Comprehensive Funeral Plan, their Burial Plan, Extended Family Funeral Plan, Parent Funeral Plan and their Standard Funeral Plan. And the Liberty Medical GAP cover takes care of shortfalls, covering members for co-payments charged by the medical scheme.

3.  AVBOB
One of South Africa’s renowned funeral services provider. Also a member of the NFDA and committed to a code of conduct. They have a 24/7 call centre with more than 150 branches spread across the nine provinces. Also has a wide assortment of choices plus a host of additional services such as the registration of death. And some free funeral benefits – subject to certain terms and conditions.

More Companies

4.  Doves
Established in 1883. Therefore, one of the biggest funeral directing companies in South Africa. Also a founding member of the National Funeral Directors Association (NFDA). Offers a huge range of funeral services – burial and cremations, repatriation, embalming, home funerals and much more.

5.  Assupol
An authorised financial services provider. Established in 1913.  The first to offer the 48 hours claim payout.  And they offer two funeral plans – their famous Excellence Family Funeral Plan and their Absolute Advantage Family Funeral Plan.

6.  Metropolitan
Established in 1890. A prominent name in the funeral industry. Also has branches nationwide.  From just R36 a month you get up to R50 000. Funeral plans offer clients a cash only benefit – so pays out cash lump sum to the beneficiary. Plenty of awesome additional advantages. Hassle free claim procedures paid out within 48 hours.

7.  Kaizer Chiefs
Guaranteed acceptance for people between 18 and 75. Cover ranges from R5 000 to R50 000. You can get a funeral plan from R85 per month. Included are lots of added benefits such as their Monthly Provider feature, where you get up to R1200 per month to spend as you wish.

And More

8.  Sanlam
One of the biggest, established financial services groups in South Africa. From R80 a month you can get fantastic funeral cover for the family. Significantly, the My Choice Funeral Plan offers benefits to suit your needs, with saving for plans.

9.  Old Mutual
Get funeral cover from just R31 a month. Cover for yourself, your family and extended family. Funeral cover right up to R70 000 depending on the choice of plan. Greenlight Final Expenses offers a payout of R100 000.

10. Clientele
Some of their funeral plans pay out within 24 hours and you can add as many as 13 family members. Clientele’s funeral cover starts from as little as R4 a day. Therefore, the company is one of the cheapest and  most comprehensive funeral plan providers in South Africa. And you and your family benefit from funeral cover from a trusted name.

Don’t write off your bank. Financial institutions, including FNB and Absa, act as convenient intermediaries for the above firms.

With the rising prices of funerals in South Africa, one needs a trusted, affordable funeral insurance policy from a reliable source. So at a traumatic time, at least your financial worries are in capable hands.

To get a FREE funeral cover quote, please complete and send the form on this page.