SA Insider
South Africa's Information Portal

Nedbank Funeral Cover (Complete Details)

0

If you are looking for more details about nedbank funeral cover, then you are at the right place. In todays topic, we will be talking about the nedbank funeral cover in details. Kindly relax and enjoy this masterpiece from us.

About Nedbank Funeral Cover

Funeral insurance not only helps to manage expenditures during a difficult time, but it also allows family and community members to honor their loved ones with a respectful funeral service. They recognize how tough grief may be, and how crucial it is to be financially prepared for any unexpected needs. We offer funeral plans that are tailored to your specific requirements. There is a plan for you, whether you want something simple for yourself or your family, or something a little more thorough.

 

 

 

 

 

 

Nedbank Funeral Cover Options

Option 1 – cover for you only

  • Get R10 000 cover for R30pm or,
  • R30 000 cover for R50pm
READ ALSO:  Reject Tiles For Sale: Prices And Where To Buy

Benefits include:

  • You can benefit from immediate accidental death cover.
  • You will be covered for natural death after only six months.
  • No medical tests are required to take out a funeral policy.
  • A premium bonus every 12 months which is equal to the average premiums paid in the preceding 11 months.
  • A no-lapse benefit – if you are experiencing financial difficulties and pay only part of your premium, your cover will be reduced but your policy will not lapse.
  • Access to our Value For Life programme.

Option 2 – cover for you and up to six family members

  • Get R30 000 family cover for R90pm

Benefits include:

  • You can get cover for you and up to six family members.
  • You can benefit from immediate accidental death cover.
  • You, your immediate family and parents will be covered for natural death after only six months. Other insured lives will be covered after 12 months.
  • No medical tests are required to take out a funeral policy.
  • A premium bonus every 12 months which is the average premium paid over the last 11 months
  • A no-lapse benefit – If you are having financial troubles and only pay a portion of your premium, your coverage will be lowered but your policy will not be cancelled.
    You have access to our Value For Life program.
READ ALSO:  Pharmacy Assistant Salary

Option 3 – flexible cover for you, your family and domestic worker

  • Choose from a wide range of cover options up to R75 000

Benefits include:

  • Cover for up to 29 family members.
  • You can choose from different cover amount options up to R75 000.
  • You can benefit from immediate accidental death cover.
  • You, your immediate family, parents and domestic worker(s) will be covered for natural death after only six months. Other insured lives will be covered after 12 months.
  • No medical tests are required to take out a funeral policy.
  • A premium bonus every 12 months which is the average premium paid over the last 11 months
  • A no-lapse benefit – If you are having financial troubles and only pay a portion of your premium, your coverage will be lowered but your policy will not be cancelled.
  • A family support benefit. Depending on the options you select when purchasing your insurance, your beneficiaries may be entitled to a monthly income of up to R2 500 for three, six, nine, or twelve months following your death.
  • A waiver of premium. Depending on the options you select when purchasing your policy, your premiums could be paid for up to 24 months, giving you peace of mind that your loved ones would be protected even if you die.
  • Gain access to their Value For Life program
  • Get up to a 10% reduction on your premium. That’s 5% if you buy your insurance through one of our digital channels** and 5% if you have your premium deducted from your Nedbank account.
READ ALSO:  Cement Wholesale Price

Where To Apply

You can apply via their digital channels which includes Nedbank MoneyApp, Online Banking and USSD.

Various channels to choose from.

You can get funeral insurance using MoneyApp, Online Banking, USSD (dial *120*001#), our call center (0860 555 111), or one of the bankers in the branch.
Thanks you for reading our todays post on nedbank funeral cover, we hope you enjoyed it.

 

Leave a comment
x