MyCover Funeral

Not only do we help to manage costs during a difficult time, but also empower family and community members to honour their loved ones with a dignified funeral. 

At Nedbank Insurance, we understand how difficult grieving can be, and how important preparedness is for any unforeseen expenses. We have funeral plan options designed to suit your needs - whether you’re looking for something simple for yourself or your family, or something a little more comprehensive, there’s a plan for you!

Option 1 and 2 - Individual cover

• Get R10 000 cover for R30pm or,
• R30 000 cover for R50pm

EXTRA Benefits include:

• You can benefit from immediate accidental death cover.
• You will be covered for natural death after only six months.
• No medical tests are required to take out a funeral policy.
• A premium bonus every 12 months, which is equal to the average premiums paid in the preceding 11 months.
• Access to our Value For Life benefits.

Option 3 - Family cover

Get R30 000 family cover for R90pm

EXTRA Benefits include:

• You can get cover for you and up to six family members.
• You can benefit from immediate accidental death cover.
• You, your immediate family, and parents will be covered for natural death after only six months. Other insured lives will be covered after 12 months.
• No medical tests are required to take out a funeral policy.
• A premium bonus every 12 months which is equal to the average premiums paid in the preceding 11 months.
• Access to our Value For Life benefits.

Option 4 - Flexible cover

Choose from a wide range of cover options up to R100 000

EXTRA Benefits include:

• Cover for up to 29 family members.
• You can choose from different cover amount options up to R100 000.
• You can benefit from immediate accidental death cover.
• You, your immediate family, parents, and domestic worker(s) will be covered for natural death after only six months. Other insured lives will be covered after 12 months.
• No medical tests are required to take out a funeral policy.
• A premium bonus every 12 months which is equal to the average premiums paid in the preceding 11 months.
• A family support benefit. Depending on the options you choose when you take out your policy, your beneficiaries could get a monthly income of up to R2 500 for three, six, nine or twelve months on your death.
• A waiver of premium. Depending on the options you choose when you take out your policy, your premiums could be paid for up to 24 months, providing peace of mind that your loved ones will still be covered after your death.
• Access to our Value For Life benefits.
• Get up to 10% discount* on your premium. That’s 5% for purchasing your cover through one of our digital channels**and 5% for having your premium debited from your Nedbank account.

**Digital channels include Money app, Online Banking and Cellphone Banking.

Various channels to choose from. You can purchase your funeral cover via Money app, Online Banking, Cellphone Banking - dial *120*001#, through our call centre (0800 555 111) or through one of the bankers in the branch.

All our funeral cover options include access to our Value For Life benefits, which provides funeral support when you need it most!

With our Value for Life benefits we will:

• Ease the burden and disruption associated with funeral arrangements, at no extra cost to you
• Transport the mortal remains of the insured life to the nearest funeral home of choice (limited to South Africa, Namibia, Zimbabwe, Botswana, Eswatini, Lesotho and Mozambique, ie south of the 22° parallel)
• Make transport and accommodation arrangements for one relative to accompany the mortal remains to the funeral home
• Help with legal things regarding funeral procedures, eg obtaining a death certificate

What do I need?

• To take out a funeral plan from Nedbank, you must be a legal and permanent South African resident with a valid South African identity card or document.
• All your dependents must be South African citizens too, and children need a valid birth certificate with an identity number.

You can pay your premiums in cash at Nedbank kiosks in selected retail stores.

Get a quote

*Terms and conditions apply