What is the maximum amount of funeral cover I can have?
Most lives on a funeral policy can be insured for up to R50,000 each, initially 🧔🏽👵🏽👴🏾👩🏽.
By law, payouts are limited for children’s lives. So for kids 0-6 years old 👶🏾 our initial maximum is R10,000, and for children 6-14 years old 🧒🏽👦🏾our maximum is R25,000.
We’ll automatically double your cover after 2 years without increasing your monthly premiums. So let’s say you’ve insured yourself, your spouse, and your two kids under 5 👨👩👧👦 for the maximum amount (R120,000 total), we’ll double that cover to R100,000 each for the adults and R20,000 each for the kids (R240,000 total... assuming nobody has died in that time).