What’s the difference between Sanlam Indie Funeral and Sanlam Indie Family Funeral?
Sanlam Indie Funeral Cover allows you to insure your own life 👩🏽💼. You choose a beneficiary or beneficiaries who get the pay out when you die, at which point the policy is cancelled. You can insure your own life up to the age of 60.
Sanlam Indie Family Funeral Cover allows you to insure the lives of others 👪– specifically, the lives of up to 20 family members. Your spouse can be insured up to the age of 60, and all other lives can be insured up to the age of 85. You, the policyholder, get the lump sum payout when someone dies.
Otherwise, the policies are basically the same. Neither is underwritten (so no questions about your health or lifestyle 🚬), and you can insure a single life up to R50,000 at first. We’ll double your cover after two years with no increase to your premiums. And we’ll match up to 100% of your premium 💵 in an investment account as a retirement boost for you (the policyholder).