Funeral insurance
FuneralPlan

What is FuneralPlan?

FuneralPlan gives you peace-of-mind knowing you can bury your loved ones with dignity and respect. In addition, you and your family will have access to a series of value-added benefits that will help you through life's day-to-day challenges and enjoy more benefits while you are still alive. FuneralPlan allows you to cover your immediate family. In addition you have an option to add your extended family such as, your parents and parents-in-law, brothers, sisters, aunts and uncles.

Who can take out FuneralPlan?

FuneralPlan is available to anyone under the age of 65. You don't need to have a medical examination to join.

You have an option of choosing a plan that you can afford depending on your needs. Our premiums start from as little as R39 per month with benefits up to R50 000 to suit your specific needs .

You do not need a Standard Bank account to take out FuneralPlan cover. Call us on 0860 121 151 for details..

Benefits

  • From R39 a month you get up to R27 000 cover
  • You get 20% off your doctor's consultation fees
  • By using our network of optometrists, you save 10% on the cost of consultations and 10% on frames
  • You have access to an emergency ambulance service to transport you to hospital in need
  • Each family gets up to R10 000 for medical expenses resulting from a traumatic experience


Waiting period

Waiting period for accidental death is one month's premium paid

  • Waiting period is six months for main insured, spouse and maximum five children
  • Waiting period for free embedded dependent grocery benefit is 18 month
  • Waiting period for extended family members is six months and 12 months for parents and parents in law
  • Waiting period for suicide is 24 months

 

The table below shows you how much you will pay each month and how much will be paid in the event of death where the policy conditions have been met:

Plans

FuneralPlan Lite

Family Funeral Plan

Family FuneralPlan

FuneralPlan

FuneralPlan

Available to these customers:

Standard Bank customers only

Standard Bank customers only

NON SBSA customers

Standard Bank customers only

Standard Bank customers only

** Monthly premium

R39

R73

R79

R173

R274

Main insured benefit

R6 000

R10 000

R10 000

R30 000

R50 000

Main insured free grocery benefit

N/A

R1200 a month X six months

N/A

R1500 a month X 12 months

R2000 a month

X12 month

Spouse

R6 000

R10 000

R10 000

R30 000

R50 000

Children  under 4 years

R1 250

R2 500

R2 500

R7 500

R10 000

Children 4 – 13 years

R2 000

R4 000

R4 000

R10 000

R10 000

Children 14 – 24 years

R3 000

R6 000

R6 000

R15 000

R20 000

Extended family  per person added Max 6

N/A

R 4000 @ R37 p/p

R 4000 @ R37 p/p

R 8000 @ R73 p/p

R 12000 @ R108 p/p

Airtime voucher for qualifying claims for main insured and spouse per person

R100

R100

R100

R200

R200


Member only options

Benefit

R10 000

R30 000

R50 000

Monthly premium

R36.00

R82.00

    R116.00   

Airtime voucher for qualifying claims for main insured and spouse per person

R100

R200

    R200   


SMS "Funeral" to 31492 and we will call you back to talk about your specific FuneralPlan needs

** The Free Embedded benefit waiting period is 18 months from the receipt of the first premium

Living benefits available for free to all insured persons

  • Doctors Network (provides access to a list of doctors who provide a 20% discount on the consultation fee);
  • Optometrist network: provides up to 10% discount from a network of optometrists including 10% discount on selected frames, eye examination and single and bifocal lenses
  • Emergency Transport (in the event of medical emergency for example, a heart attack, drowning, etc.);
  • Premium Waiver (six months premiums are waived giving free cover following the death of the main policyholder);
  • Funeral Assist (advice on how to apply for a death certificate and the necessary documentation);
  • Medical Assist (deals with any health query 24 hours a day, 365 days a year);
  • Trauma Assist (provides counselling for any traumatic experience up to R5 000 per insured with a maximum of R10 000 per family occurrence. Where necessary an ambulance will be dispatched);
  • Trauma counselling for bereaved families (provides psychological counselling on death of next of kin up to R5 000 per insured with a maximum of R10 000 per family occurrences. Unlimited occurrences);
  • Medical treatment for bodily injury due to accident or assault (will be provided up to R5 000 per insured person with a maximum of R10 000 per family per occurrence. Unlimited occurrences);
  • 24 hour HIV/Aids Helpline 365 days a year (access to information and advice on HIV/Aids from professionals in this field);
  • Post and Pre testing counselling and guidance;
  • Accidental HIV exposure cover
  • Dentists network: provides between 20%-40% discount on Consultations, Oral examination, Dentures and other contracted procedures. Discount is provided on services performed during office hours.

Extra benefits for policies older than 24 months - Premium Waiver

  • Monthly payments will be waived for six months after the death of the principal policyholder

 

Limitations

  • This policy covers up to five children.
  • Only one spouse per main insured person

Cover is limited to maximum two policies subject to a maximum benefit of R50 000 for main insured and spouse, children R20 000 and extended family members R12 000. The maximum benefit per insured person cannot be exceeded.

 

  • This policy covers up to five children.
  • Only one spouse per main insured person

Cover is limited to maximum two policies subject to a maximum benefit of R50 000 for main insured and spouse, children R20 000 and extended family members R12 000. The maximum benefit per insured person cannot be exceeded.

Ways to get covered
Get a quote Apply online Contact us


Contact us

0860 121 151

SMS “Funeral” to 31492
a
nd we will call you back.

Get a quote