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Funeral Cover For Parents Over 70. Full Details. June 2022


Welcome to our blog. In todays topic, we will be talking about funeral cover for parents over 70 and more. Kindly stay with us.

Why funeral cover for parents over 70?

Your parents are the cornerstone of your family, as they were the first to love, nurture, and care for you, as well as provide you with the tools to make a happy and successful life. With so much to be thankful for, it’s only natural that you’d want to take after them as they near the end of their lives with the same care and attention that they provided you at the start. And what’s the best approach to go about it? With a funeral insurance policy for your parents, you can offer them a respectful send-off, whether they’re 65, 75, 80, or older.

What you should know about senior funeral insurance

If you’ve started looking for senior or pensioner funeral insurance, you’ve probably seen a worrying trend. Most insurance companies don’t cover funerals for people over 65, and funeral coverage for people over 70, 75, and 80 is nearly impossible to find. But why is it so difficult to find funeral insurance for elderly parents?

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Senior citizens are regarded a high risk for insurance companies since they are supposedly closer to the end of their lives than those in their 20s or 30s. As a result, many insurance companies are hesitant to take on the risk of covering retirees above the age of 65, 70, or 80, due to the high cost of doing so.

While acquiring funeral coverage for seniors can be difficult, there are a few insurance companies that are prepared to cover those aged 65, 75, 80, and older – albeit at a premium. While you may be fortunate enough to acquire funeral insurance for your parents, you can expect to pay higher-than-average prices as an attempt by the insurance company to reduce the risk of covering elderly. How will you be able to give your parents a respectable funeral when the time comes, while still being able to finance it in the long run? The solution might be easier than you think.

Give your parents the funeral cover they deserve with Sanlam

Sanlam believes that everyone, regardless of age, has the right to a proper funeral. That is why our Sanlam online Family Funeral Plan is tailored to your entire family, from you and your spouse to your children, siblings, and, of course, your parents. You can add your parents to your family funeral insurance policy whether they are 60, 70, or even 80 years old.

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Furthermore, if your spouse or partner is covered by your Sanlam online Family Funeral Plan, you’ll be able to add your in-laws to your policy as well, providing coverage for your complete family for a fraction of the cost. It’s by far the most economical option to safeguard your family’s well-being – and one of the most convenient, too, thanks to online ordering, immediate acceptance, and the lack of medical testing or paperwork.

Requesting a free quote or purchasing funeral insurance online for immediate coverage can now provide your parents with the long-term care they require. Whether your parents are 65, 70, 80, or older, you’ll be able to provide them with the funeral coverage they deserve at a price you can afford, since we at Sanlam regard the opportunity to care for your parents as a privilege just as much as you do.

Funeral Cover over 65

You can take up Funeral Insurance in your name and add your parents as an additional, extended family member if they are above 65. All you have to do is add a little monthly payment to your Funeral Policy for each extended family member, and they’ll be covered.

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Many of the perks and coverage available to your dependents are the same as yours. There is no waiting time if you die in an accident, but there is a six-month waiting period if you die from natural causes. Suicide death is subject to a 12-month exclusion period.

If your elderly loved one passes away in South Africa, you can repatriate their remains to any part of the country. This entails transporting the deceased’s body inside the borders of South Africa from the location of death to the final funeral home nearest to the burial site.

Funeral Cover over 75

When your parents are joined to your policy, they can get Funeral Cover up to the age of 75, just as those over 65. However, the older a person gets, the more expensive Funeral Cover becomes. Sharing the cost among the children is one approach to reduce the cost. If you have siblings, you might be able to split the expense of the monthly payments. We understand that you want the best for your parents, and this way, they won’t have to worry about a proper funeral, and you won’t have to stress about fitting their cover into your budget.

Thank you for reading our todays post on funeral cover for parents over 70. We hope you ejoyed it.

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