Nedbank Insurance Funeral Plan

Funeral cover not only helps to manage costs during a difficult time, but also empowers family and community members to honour their loved ones with a dignified funeral. At Nedbank we understand how difficult grieving can be, and how important it is to be prepared 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!

1. Get R10 000 cover for R30pm or,
2. R30 000 cover for R50pm

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. 
• A no-lapse benefit - if you are experiencing financial difficulties and pay only part of your premium, your cover will be reduced but your policy will not lapse.
• Access to our Value For Life programme.

• Get R30 000 family cover for R90pm

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. 
• A no-lapse benefit - if you are experiencing financial difficulties and pay only part of your premium, your cover will be reduced but your policy will not lapse.
• Access to our Value For Life programme.

• Choose from a wide range of cover options up to R75 000

Benefits include:

• Cover for up to 29 family members.
• You can choose from different cover amount options up to R75 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 no-lapse benefit - if you are experiencing financial difficulties and pay only part of your premium, your cover will be reduced but your policy will not lapse.
• 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 programme
• 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.

 

*T’s and C’s apply

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

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.