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African Homes Trust Funeral Policy. June 2022


Welcome to our blog. In todays topic, we will be talking about african homes trust funeral policy. We will give you all the details you need about african homes trust funeral policy.

About African Homes Trust

You may recognize us as a subsidiary of Momentum Metropolitan Life Limited, a regulated life insurer and a registered credit provider (FSP44673) (NCRCP173).

They began as the African Homes Trust in Paarl, Western Cape, in 1897, as a syndicate founded to give financing to Africans who could not afford to buy their own homes. While their name has changed and they’ve expanded organically and via mergers, their mission has remained the same: to assist South Africans in achieving their financial objectives in good and difficult times.

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They may be one of South Africa’s largest financial services firms, but they will always put their customers first and treat them with respect. They’re also proud of the fact that they’ve topped the South African Customer Satisfaction Index (SAcsi) for several years in a row.

They think that financial literacy, along with skilled counsel, allows you to make sound financial decisions. They offer over 140 branches in South Africa, as well as service centers in Namibia, Botswana, Kenya, Ghana, Lesotho, and eSwatini, to assist you.


Momentum and Metropolitan amalgamated to establish Momentum Metropolitan Life Limited in December 2010. Momentum Metropolitan Life Limited is now South Africa’s third largest life insurer as a result of the merger.

What family circumstances can affect my funeral policy?

If you divorce or stop living with your life partner after insuring them under immediate family cover, they can stay on your plan as part of immediate family insurance, but you won’t be able to expand their coverage.

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When a child no longer qualifies for children’s coverage and must be switched to Child for Life coverage, it’s also critical to notify Metropolitan. This must be done within three months of the child’s eligibility expiring. This can help you avoid a new waiting period; nevertheless, the monthly premiums may change as a result of this modification.

When should I update my policy?

Your life is constantly changing, and certain occurrences should prompt you to review your insurance coverage to ensure that you are still protected for all of your requirements. It’s a smart financial habit to update your insurance every year when your rates rise, but the following considerations can also prompt you to do so:

  • When your marital status changes – If you’ve recently married or divorced, your insurance and the amount you’re covered for may need to be reviewed.
  • When your employment changes – You will need to review and alter your current policy if you are earning more money and need to cover your family for more, or if you are joining a firm with a different benefit structure.
  • When you have a child or children – When you add a child to your family, you should think about the many policies you have in place. In order to provide for your children, your insurance will need to be altered.
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Thank you for reading our todays post on african homes trust funeral policy. We hope you enjoyed it.

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