Funeral Insurance Policy Options from Old Mutual

Living in a violent country like South Africa requires having a good funeral insurance policy in place.  So in SA, death and funerals aren’t subjects reserved for senior citizens.

If you’ve ever had to plan someone’s funeral, then you’ll understand the time and money involved. Fortunately, South Africa has excellent funeral-cover service providers. And Old Mutual is one of these.  Therefore they are one of the country’s largest and most trusted financial services providers.  Also, their partnership with Nedbank and Mutual & Federal means they can offer a variety of excellent financial products and services for individuals and businesses.

Funeral Insurance Policy Options

Initially, customers who love the affordable funeral premiums from Old Mutual visit the website and choose the option they like. However, the plans cover the policy hFuneral Insurance Policyolder as well as their immediate and extended family. But if you’re not sure what to choose, be in touch with Old Mutual, and one of their financial advisers will contact you.

In the meantime, lets looks at the different funeral insurance policy options on offer:

● Funeral Care Plan

  • From R27 a month.
  • Maximum starting cover R50 000.
  • Accidental death cover.
  • Money back guarantee.
  • HIV treatment.
  • Restart Benefit.
  • Premium Holiday.

● Standard Plan

  • From R35 a month.
  • Maximum starting cover R70 000.
  • Accidental death cover.
  • Money back guarantee.
  • Terminal illness benefit.
  • HIV treatment.
  • Cash Back.
  • Restart Benefit.
  • Premium Holiday.

● Comprehensive Plan 

  • From R36 a month.
  • Maximum starting cover R70 000.
  • Accidental death cover.
  • Double accident death cover.
  • Money back guarantee.
  • Terminal illness benefit.
  • HIV.
  • Retirement Paid-Up Benefit.
  • Paid-Up Benefit.
  • Cash Back.
  • Restart Benefit.
  • Premium Holiday.

 

Additional Benefits

The Standard and Comprehensive+ Plans have new benefits added to them namely — Grocery Benefit – for 12 months a specified amount is paid.
– Education Benefits – for 12 months a specified amount is paid.
– More Cover Benefit – you get 10% more cover at no extra cost when you buy either one of these two plans and you already have R50 000 or more cover.

● Old Mutual’s Greenlight Final Expenses Benefit range allows you to enjoy insurance for you, your immediate and extended family. And people who are HIV-positive can also take this cover.  Eventually, it pays a lump sum for funeral costs. Significantly, the amount of cover you buy will be according to the option you choose. And what is particularly helpful with Greenlight is that you get immediate insurance for up to 30 days before you even pay your first premium. So if you have a valid claim during this period, the beneficiaries get the full amount.

● Burial Society Support Plan (the website provide all Burial Society Support Plan Premiums)

– this policy specially designed for burial societies, stokvels, churches, clubs, etc
– your burial society has access to More4U Value Added Services
– low monthly premiums – claims paid within 48 hours
– financial education workshops to help your Burial Society achieve economic freedom

An End to Funeral Financing Worries

Funeral insurance policy options from Old Mutual can only mean an end to worries about where the money will come from to provide your loved one with a decent funeral.

To get a FREE funeral cover quote simply complete and send the form on this page

All info was correct at time of publishing