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Flexible Funeral Plan - Household Staff

PER Insurance Family Funeral Hero Banner

Your household team support you – get them their own funeral policy and pay the premium on their behalf


Only available to Standard Bank transactional customers*

 

Some of the benefits

Automatic cover increase

Ensure that your funeral policy benefits are not reduced by inflation

Affordable premiums

Align the cost of your premiums with your lifestyle and age

Flexible cover

Choose the amount of funeral cover you need or the premium that you want to pay

Personalise your benefits

Choose the benefits that you want with your funeral policy
What’s covered

Funeral Benefit

The maximum cover amounts are as follows:

  • R 100 000 for the main member and spouse
  • R 20 000 for children 6 years old and younger
  • R 50 000 for children older than 6
  • R 80 000 for parents / in-laws
  • R 50 000 for extended family

Optional additional benefits for main member and spouse at an additional premium*

  • A maximum of R 20 000 for the memorial benefit
  • A maximum of R 20 000 for catering benefit
  • Up to R 2 000 for groceries, payable monthly for 6 or 12 months (maximum R 24 000)
Terms and conditions apply. Standard Bank Insurance Brokers (Pty) Ltd (Reg. No. 1978/002640/07) is an authorised financial services provider (FSP 224) and part of the Standard Bank Group. Underwritten by Liberty Group Limited
How it works

To take out a flexible funeral plan:

  • The main member and 1 spouse must be between 18 and 65 years old
  • Children must be between newborn and 20 (24 if student) years old. A maximum of 6 children can be added
  • Parents and in-laws must be between 18 and 85 years old. A maximum of 4 parents / in-laws can be added
  • Extended family members must be between newborn and 85 years old. A maximum of 8 extended family members can be added
  • No medical underwriting
  • Option to waive waiting period when moving from other insurer's
  • 6 months waiting period applies for all benefits
  • 12 months waiting period for suicide
  • One month waiting period for accidental death
  • Option to choose up to 5 beneficiaries
What it costs

Flexibility means that you choose what you pay!

  • An additional premium payable per each person added will be dependent on cover amount selected and age at time of policy application.
  • An additional premium payable for each additional benefit selected for main insured and spouse depends on level of amount selected, age at policy application and period of benefit payment where applicable.
  • There is also an option to add automatic annual premium and benefit increase at an additional premium.

Standard Bank Insurance Brokers (FSP224) earns a binder fee and commission on the sale of this policy, at a rate that is included in the premium and is inclusive of VAT

How to claim

Call us on 0860 123 999 or speak to us at your nearest branch.

What you'll need:

  • Certified death certificate 
  • Notification of registration of death 
  • Burial order
  • Certified copy of the claimant's ID
  • Proof of relationship (like a marriage or birth certificate)
  • Additional documents may be required for unnatural death claims.

Please note:

  • Claims must be submitted within 12 months of the insured person's death
  • Claimant's need to provide proof of their relationship with the policyholder or insured member
  • Claims are processed by the Liberty Group once all information is verified
  • Approved claims are paid out within 48 hours from receipt of all required documents and claim approval
  • What’s covered
  • How it works
  • What it costs
  • How to claim

Funeral Benefit

The maximum cover amounts are as follows:

  • R 100 000 for the main member and spouse
  • R 20 000 for children 6 years old and younger
  • R 50 000 for children older than 6
  • R 80 000 for parents / in-laws
  • R 50 000 for extended family

Optional additional benefits for main member and spouse at an additional premium*

  • A maximum of R 20 000 for the memorial benefit
  • A maximum of R 20 000 for catering benefit
  • Up to R 2 000 for groceries, payable monthly for 6 or 12 months (maximum R 24 000)
Terms and conditions apply. Standard Bank Insurance Brokers (Pty) Ltd (Reg. No. 1978/002640/07) is an authorised financial services provider (FSP 224) and part of the Standard Bank Group. Underwritten by Liberty Group Limited

To take out a flexible funeral plan:

  • The main member and 1 spouse must be between 18 and 65 years old
  • Children must be between newborn and 20 (24 if student) years old. A maximum of 6 children can be added
  • Parents and in-laws must be between 18 and 85 years old. A maximum of 4 parents / in-laws can be added
  • Extended family members must be between newborn and 85 years old. A maximum of 8 extended family members can be added
  • No medical underwriting
  • Option to waive waiting period when moving from other insurer's
  • 6 months waiting period applies for all benefits
  • 12 months waiting period for suicide
  • One month waiting period for accidental death
  • Option to choose up to 5 beneficiaries

Flexibility means that you choose what you pay!

  • An additional premium payable per each person added will be dependent on cover amount selected and age at time of policy application.
  • An additional premium payable for each additional benefit selected for main insured and spouse depends on level of amount selected, age at policy application and period of benefit payment where applicable.
  • There is also an option to add automatic annual premium and benefit increase at an additional premium.

Standard Bank Insurance Brokers (FSP224) earns a binder fee and commission on the sale of this policy, at a rate that is included in the premium and is inclusive of VAT

Call us on 0860 123 999 or speak to us at your nearest branch.

What you'll need:

  • Certified death certificate 
  • Notification of registration of death 
  • Burial order
  • Certified copy of the claimant's ID
  • Proof of relationship (like a marriage or birth certificate)
  • Additional documents may be required for unnatural death claims.

Please note:

  • Claims must be submitted within 12 months of the insured person's death
  • Claimant's need to provide proof of their relationship with the policyholder or insured member
  • Claims are processed by the Liberty Group once all information is verified
  • Approved claims are paid out within 48 hours from receipt of all required documents and claim approval
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