With funeral cover from Old Mutual, your family can be at peace knowing that the memorial expenses will be covered. It is the biggest concern of every household if they do not have some financial protection.
How Does An Old Mutual Funeral Plan Work?
You pay a monthly installment to your burial insurance provider in case of any death in the family. If a loved one dies due to an unfortunate event, the funeral company will pay you a lump sum that you can use to settle all the expenses of the relatives funeral. Old Mutual wants you to mourn your loved one without stressing about how you are going to arrange and pay the bills of the burial.
What Aspects Of A Funeral Gets Covered With Old Mutual?
This company gathers all your information and requirements for them to provide you with a tailored-made plan. It means that they will give you a premium that suits your budget best.
Most of the time funeral insurance is overlooked, it is only after a loved one die that members acknowledge the importance of it. A funeral in South Africa can cost you anything between R10,000 and R70,000.
It is essential to have any additional finances after a family member dies, primarily if it was one of the income holders of the household.