It’s devastating for your family members and loved ones when you die; that’s why it’s important to plan ahead. By getting a funeral policy, you ensure they don’t have to suffer from the financial burden of paying for your funeral.
Similarly, you don’t want to be lumped with a huge load if one of your family members were to die. Getting a funeral policy is the smartest move you can make. South Africans have multiple options available to them, for example, Momentum offers flexible plans that allow you to include your family and friends, and even your employees.
What are the main benefits of Momentum’s Funeral Cover?
- Repatriation of the body
If you or other members covered by the policy die, your funeral plan will cover the cost of bringing the body back to the country.
- The Tombstone Benefit
This benefit pays out R10 000 for a headstone after you have been contributing to the policy for a year.
- The Multiply Starter Benefit
This benefit is for free.
- The Airtime Benefit
In this benefit, your family receives R250 worth of airtime to organise the funeral.
- The Grocery Voucher Benefit
In this benefit, you or your beneficiary will receive R100 a month for groceries, for six months.
- The Premium Holiday Benefit
This benefit allows you to miss one premium after every 12 premiums paid.
Getting a funeral policy from Momentum is quick and easy. Just choose which plan you prefer, select the benefits you would like to receive, and then choose your cover amount.
There are three different plans you can choose from:
Funeral Cover Provider
- That includes cover for you, your partner or spouse, your children, parents and other extended members of your family, and your friends.
- You can cover as many as 50 people on your one plan.
- Your cover will range from R5 000 – R100 000.
- Free benefits included.
- That is open to all South Africans and SA residents aged between 16 and 75 years old.
- The principal insured owns the policy and is responsible for paying the premiums.
Family Funeral Cover Provider
- This plan provides cover for you family, including your partner or spouse, parents, and children, but not for you.
- Your cover here can also range between R5 000 and R100 000.
- You can include as many as 15 people on this plan, excluding you.
- Free benefits included.
- Whoever pays the premiums is the primary member who owns the policy.
- That is open to all South Africans and SA residents aged between 16 and 75 years old.
Group Funeral Cover Provider
- This plan provides group cover, including cover for individuals not related to you, for example, stokvel and church members, and employees.
- The cover on this plan ranges from R5 000 up to as much as R100 000.
- You are allowed to cover as many as 50 members on this plan.
- Free benefits included.
- That is open to all South Africans and SA residents aged between 16 and 75 years old.
- Anybody can own the policy and pay the premiums, even a company or stokvel.
Within each plan, there are different plan types to choose from – the Core Plan, the Plus Plan, and the Comprehensive Plan.
Who and what is covered under Momentum’s Core Plan:
- Infant or a stillborn baby
- The Multiply Starter Benefit
- The Premium Skip benefit
You have the option of adding these benefits too:
- The Cashback Benefit
- Multiply Premier and Provider
- Cover for extra members
Who and what is covered under Momentum’s Plus Plan:
- Infant or a stillborn baby
- The Multiply Starter Benefit
- The Premium Skip benefit
- Repatriation of the body
- The purchase of a tombstone
You have the option of adding these benefits too:
- The Cashback Benefit
- Multiply Premier and Provider
- Cover for extra members
- The Continuation Benefit
- The Protection Benefit
Who and what is covered under Momentum’s Comprehensive Plan:
- Infant or a stillborn baby
- The Multiply Starter Benefit
- The Premium Skip benefit
- Repatriation of the body
- The purchase of a tombstone
- R250 worth of airtime
- The Groceries Benefit
- The Continuation Benefit
You have the option of adding these benefits when getting a funeral policy:
- The Cashback Benefit
- Multiply Premier and Provider
- Cover for extra members
- The Protection Benefit
Once you’ve decided on your plan, the last step to getting a funeral policy to select the cover you require. Momentum’s cover payouts range from R5 000 up to as much as R100 000.
To get a FREE funeral cover quote, just complete and send the form on this page