Considering the death of a loved one is not a pleasant task, but it is essential to take basic practical steps in order to provide for your family’s ongoing financial security.
Funeral insurance cover for parents will help you to honour those to whom you perhaps are most profoundly indebted without causing financial insecurity in your own household.
Funeral insurance has become indispensable these days to protect the children of the insured from the high costs involved in organising a suitable funeral service. This is especially important for retired pensioners who may find themselves financially stricken when having to face the unexpected costs involved in losing their spouse.
Fortunately, the age at which pensioners are still eligible for funeral insurance cover can be as high as 75.
Especially if your parents and parents-in-law are retired, you may have to bear the financial obligation to pay for a funeral service on their behalf. By extending funeral cover to parents, funds will be made available to cover these costs without any additional burden to your savings and, consequently, your dependents.
For a small extra premium you have the option of covering your parents and parents-in-law (as well as options to cover your partner and children) with your funeral plan.
By taking these steps now, you can be sure that your family’s financial security will not be disrupted by the sudden expense of a funeral.
Hollard Funeral is a leading provider of funeral insurance in South Africa. Hollard Funeral provides a range of funeral plan benefits and guaranteed acceptance to all South Africans aged 18 to 75.
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0800 11 11 69