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Taking out Funeral Insurance Is Common Sense, Actually

Taking out Funeral Insurance Is Common Sense, Actually

Why would you need insurance to cover you in  the event of a funeral? Well, the cost of a funeral can run to thousands of  rands, and whereas a life cover pay-out is typically meant to provide for dependants for years into the future if  their bread winner dies, funeral cover is specifically tailored for paying the bills associated with saying goodbye to  a loved one – you don’t want to be caught short when it comes to choosing a  casket, arranging a service or wake, or paying for any of the many other costs  involved with having a funeral.

Funeral  insurance is designed so as to provide funds  without delay. You can budget for all the costs associated  with a funeral and thereby avoid the risk or fear of spending money intended  for another purpose such as maintenance for a surviving spouse. Funeral insurance is to pay for the  unexpected and the inevitable – nobody is immortal, we will all die one day,  but there’s no way of telling exactly when we or our surviving family members or  relatives will have to pay for a funeral, no way of telling just when we will  die or from what cause.

Also termed a funeral plan, funeral insurance – up to R25 000 of cover – as  provided by a reputable insurer is  paid out within 24 hours after submitting a claim and of the claim being  approved. It’s one less thing that your loved ones won’t have to worry about  when you die – for them a relief from what could be a financial burden, for you  one step closer to complete peace of mind. Moreover, you don’t require medical  examinations, and, going the online route, you can get a quote for one in a  minute or two and purchase one in five. It’s that simple!