Lion of Africa Premium Funeral Plan

Lion of Africa Life Assurance is authorised financial services providers. Because of the rising cost of funerals, they want to be able to offer low-income earners an opportunity to buy a funeral plan that is entirely affordable. And the Lion of Africa Premium Funeral Plan is the answer.

So they have launched one of the first Zimele approved products, which is the Lion of Africa Funeral Plan. Significantly, Zimele means ‘stand on your own 2 feet’. And that is what Lion of Africa wants to achieve – to help people have products which can then assist them to go through life’s different seasons with more ease.

The Zimele initiative aims at ensuring that the millions of low income earning South Africans can get appropriate life insurance products. So these funeral plans comply with all the Zimele product standards which guarantee fair terms and reasonable prices.

Lion of Africa Premium Funeral Plan – Aligning With the Best

Lion of Africa has been selling funeral cover to South Africans for more than 80 years, and they are one of the first to market the Zimele approved product. Importantly, the company has relationships with well-established funeral administrators, and this gives them a good idea as to what their clients need.

Lion of Africa Premium Funeral PlanThus one aspect of the Lion of Africa funeral plan is that if policyholders skip a premium, they get a grace period of a month. And on policies older than a year, the grace period will be extended by one month for each year that the policy has been in existence.

Here the maximum grace period will be six months. And you can make all premium payments quickly to the Lion of Africa Funeral Plan with Easy-Pay through retailers such as Checkers, Shoprite and  Pick n Pay for instance.

Lion of Africa Premium Funeral Plan – Affordability for Individuals and Families

With Lion of Africa’s Premium Funeral Plan, they offer personal and family cover, providing Plan A, B, C, D and E for each.

Individual Plan – The plan applies to people between the ages of 18 and 75.
Importantly, plans for individuals start at R84

  1. Plan A  – R10 000
  2. Plan B – R15 000
  3. Plan C – R18 000
  4. Plan D – R25 000
  5. Plan E – R30 000

Family Plan – The plan applies to people between the ages of 18 and 75.
Significantly, plans for families start at R132

  1. Plan A – R10 000
  2. Plan B – R15 000
  3. Plan C – R18 000
  4. Plan D – R25 000
  5. Plan E – R30 000

And Lion of Africa makes provision for extended family members who can get cover at the individual rate to a maximum cap of R18 000.

Remember that with the Lion of Africa Premium Funeral Plan, there are also waiting periods:

accidental death – 1 month
natural death – 3 months
and suicide – 24 months

Then there is their AirTime Benefit Here your beneficiary will get R200 airtime. Because Airtime is of help with all the phone calls needed to plan a funeral.

More Lion Assist Services

  • Repatriating mortal remains
  • Legal assist
  • Personal health advisor
  • Emergency medical services
  • Funeral assistance

 

Conclusion

South Africa isn’t short of good funeral plans, and with a little bit of research, you’ll find one that suits you. Significantly, Lion of Africa offers funeral plans for all those South Africans who believed that because of their low earnings, they don’t qualify for funeral cover. Yes, now they can also have a funeral plan, giving them one less thing to worry about in the future.

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