Sanlam Funeral Plans from R25 a Month

With the rise in the cost of living, many people find it almost impossible to save; in fact, you probably believe it’s impossible to invest in a funeral plan for you and your family as well. But there are cheap Sanlam funeral plans available.

For example, did you know that Sanlam has a Family Funeral Plan, iCover, which provides you with the peace of mind of funeral cover from as little as R25 a month? Its DIY online cover gives you and your loved cover of up to R40 000. You choose the type of cover you need and exactly who you want to include, type it in online, and the system will calculate your premium instantly. It’s simple and it’s easy.

Sanlam Funeral Plans from R25 a month

But did you know that Sanlam has a Family Funeral Plan, iCover, which provides you with the peace of mind of funeral cover from as little as R25 a month? Its DIY online cover gives you and your loved cover of up to R40 000. You choose the type of cover you need and exactly who you want to include, type it in online, and the system will calculate your premium instantly. It’s simple and it’s easy.

Sanlam Funeral Plans

As soon as you submit a valid claim, Sanlam will make the payout. You, or your family, can then use that money for the funeral or for any other related expenses.

What cover do you get from Sanlam Funeral Plans?

Basically, when someone on the policy passes away, you or your beneficiary gets a payout.

Can you make changes to Sanlam Funeral Plans?

It is possible to change aspects of the Family Funeral Plan, for example, you can add your partner or spouse, or other family members to the plan; you can also add to or decrease the amount of cover you have; and you can change your beneficiaries.

Do the premiums increase annually?

Yes, the premiums increase as you and other members age, for example, when your children move into the adult age bracket. Sanlam informs its clients 30 days prior to any increases.

Are there any exclusions on the Family Funeral Plan? When will the plan not pay?

  • For suicide, within the first two years of taking out the plan.
  • When injury is self-inflicted or when the insured exposes him or herself to danger on purpose.
  • If death is due to war, foreign hostility, terrorism, revolutions, rebellions, etc.
  • In the event of a radioactive or nuclear blast.
  • For any acts that are against the law.
  • For death due to natural causes within the first year of being on the Family Funeral Plan.

 

When does the cover begin?

You will be covered immediately after you have paid your first instalment. You will receive a membership certificate including all the information regarding the people covered under the plan; it will be emailed to your stated address.

Who can take out the Family Funeral Plan?

Anyone over the age of 18 years old and under 64 years old can take out the plan, as long as they have a South African ID number; to take out this insurance plan you need to be a South African citizen. The individual who purchases the Family Funeral Plan will be covered as the main member, and then his or her children will automatically be covered.

Who can be included in the cover?

  • The spouse or partner of the main insured, as long as they are over 18 years old.
  • The parents and parents-in-law of the main insured, as long as the spouse or partner is also a member.
  • The main insured’s adult siblings and children.
  • Also the main insured’s children that were born, or adopted, after the plan was taken out.

Sanlam’s quick and easy online application can be completed in seven simple steps. There are no medicals or blood tests either; for R25 a month, it really is just affordable cover for every South African.

Conclusion

You can make changes to the Plan such as adding a family member or a spouse/partner to the Plan, increasing/decreasing the amount of cover and choosing a new beneficiary.

Premiums will increase as your loved ones get older and move through the age bands for example when a child becomes an adult. You will hear about premium increases at least 30 days before it happens.

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