Funeral Plan benefits

Family Funeral Benefit

Family Funeral Benefit pays an amount on the death of your partner and up to five of your children under the age of 21 years:

• Up to R50 000 payout for your partner
• 50% of the family funeral sum assured, with a maximum of R10 000 for each child

Vehicle Access Benefit

Vehicle Access Benefit provides the use of a rental car through Avis. This service, provided by Mocking Bull Pty (Ltd), offers:

• The use of a car for up to six days
• Unlimited mileage
• First full tank of petrol free
• No deposit to get the car
• Any family member with a valid driver’s license can be designated as the driver

Monthly Provider Benefit (Groceries Benefit)

Monthly Provider Benefit (Groceries Benefit) pays a fixed monthly benefit of up to R1 500 for 12 months on your death and can be used to pay for groceries or any other essential monthly expenses. Your partner can be covered by this benefit if added to your funeral plan. Payout amounts (R500, R800 or R1500pm) depend on the cover level chosen.

Memorial Benefit (Unveiling Benefit)

Memorial Benefit (Unveiling Benefit) pays out up to R10 000 one year after your death or your partner’s death, to assist your family with the expenses of the unveiling ceremony. Your partner can be covered by this benefit if added to your funeral plan. Payout amounts depend on the cover level chosen.

Accidental Death and Disability Benefit

Personal Accident Benefit provides cover in the event of an insured person’s accidental death or accidental permanent disability.

The Hollard Funeral Plan provides immediate cover of up to R50 000 for accidental death since there is no waiting period for accidental death cover.

However, the Personal Accident Benefit provides additional cover for accidental death and accidental disability for up to R100 000. The injuries covered are those that are external, visible and violent, excluding those that occur as a result of a pre-existing illness or physical defect.

Benefits include:

• Up to R 100 000 cover for the main member in multiples of R25 000, with a minimum of R50 000
• Option to cover your partner for the same sum assured
• Option to cover up to 5 children (benefits limited for children under 14 years by legislation)

Parents Funeral Benefit

Parents Funeral Benefit covers your parents and parent-in-laws for up to R10 000 in funeral cover (for a small extra premium), as long as they are under the age of 75 when their cover commences.

Life Cover Benefit

Life Cover Benefit pays the Sum Assured on the death of the Life Insured (and the Life Insured’s partner for an additional monthly premium). The minimum entry age is 18 years and the maximum entry age is 65.

Benefits include:

• Up to R150 000 cover for you and your partner
• 6% annual benefit increase
• 10% annual premium escalation

Quick Payout

Quick payout – you will receive the funeral benefit within 48 hours of us receiving all the required claims documents, provided that it’s a valid claim.

Compulsory Money Back Benefit

The Compulsory Money Back Benefit pays out a lump sum amount of up to 1 years premiums after every 5 years. The policy must be in place for a continuous period of 5 years at the time the pay-out is due and all 60 premiums must have been received.

The money back applies to all premiums excluding the policy fee and the premiums paid for the Vehicle Access Benefit.