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Capitec Funeral Cover (FULL DETAILS)


If you are looking for Capitec Funeral Cover, then you are at the right place. In todays topic, we will be talking about Capitec Funeral Cover. Kindly enjoy..

About Capitec Funeral Cover

Capitec offers funeral plans that are underwritten by Centriq Life Insurance Co Ltd. You can determine how much coverage you and your family require, as well as what types of benefits you want to include in your funeral plan. You will not be required to pay for benefits that you do not require or desire. Choose the Capitec Funeral Insurance plans that best fit your needs.

When a family member dies, it is painful, and sadly, these are the kinds of situations we are meant to prepare for. Capitec Funeral Insurance was ideally created to satisfy the needs of consumers – you may choose your own cover, you get to decide how much insurance you need – Capitec will calculate the rates for you.

You can select any premium as long as it falls within your budget, and Capitec will calculate the coverage — you’ll know precisely how much you’ll be paying for how much coverage. That’s all there is to it. No of how we feel about mortality, we all need to be covered. It is a fact of life that we must accept.

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How to Apply?

  • Applying has been simplified; all you need to do is access the Funeral Policy. Tap on the Capitec App to begin your calculations – you can choose a premium and Capitec will calculate the cover, or you can decide how much coverage you require and Capitec will calculate the premiums. It is best to use the App to get lower premiums.
  • Alternatively, you can visit the branch and talk to a consultant.


Waiting Period Waiver

If you move from another licensed insurer’s funeral plan and the waiting period on that policy has expired, we will waive your waiting period for natural death for the same life insured and related cover levels as your previous policy. In the event of an accidental death, there is no waiting time.

A licensed insurer is one that has been approved by the Financial Services Conduct Authority (FSCA) and is listed on the FSCA website (

A list of licensed insurers for which the waiting period can be waived is available here.

Death Due To An Accident

From day one, the funeral benefit is doubled if a life assured dies due to an accident.

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Note: For children, this is limited to the maximum cover amounts as prescribed by law.

Voluntary Policy Pause

You can pause your plan for up to 6 months with no monthly price payments and no coverage. You can resume your plan at any point throughout the 6-month period to reactivate your cover and premium and retain all of your plan’s features. This benefit has a 24-month waiting time and can be sought for indefinitely (subject to another 24-month waiting period) throughout the term of your policy.

Newborn Premium Waiver

This incentive is Capitec’s way of thanking our customers. When you present an unabridged birth certificate within 3 months of the birth or adoption, you will receive complete coverage for up to 6 months with no monthly premium payments.

This benefit has a 6-month initial waiting period. The premium waiver is available indefinitely (subject to further 6-month waiting periods) during the policy’s life.

Burial Repatriation

This benefit covers the transfer of a life assured’s mortal remains from South Africa, Namibia, Zimbabwe, Botswana, Swaziland, Lesotho, and Mozambique to the funeral home of choice nearest to the place of burial in South Africa.

It also includes transportation and overnight accommodations for one family member who will accompany the remains.

Death Premium Waiver

If the policyholder dies six months after the policy’s inception, the remaining lives assured on the funeral plan will continue to receive full coverage for another six months from the date of the policyholder’s death, with no monthly premium payments required, giving them time to reorganize their financial lives. When the policyholder’s death is registered, the Death Premium Waiver is automatically enabled.

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Maximum cover (you and up to 21 lives)

Life Assured Categories Maximum Cover
Policyholder R100 000
Spouse (18 – 64 years) R100 000
Children (14 years and older) R60 000 each*
Children (6 – 13 years) R50 000 each*
Children (newborn – 5 years) R20 000 each*
Parents (26 – 85 years) R50 000 each*
Extended family (0 – 85 years) R50 000 each*


Legal maximum child cover: Legislation limits the total sum that can be paid out in the event of a child’s death. We must apply such limits to all of our policies, as well as those of any other insurers we become aware of, and to all benefit kinds. For example, if the kid cover on the policy hits the above-mentioned maximum amounts, we shall limit the amount we pay out to the maximum permitted amount as given in the table.

Thank you for reading our todays post on Capitec Funeral Cover. We hope you have enjoyed our topic today.

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