Africanbank Funeral Plan
Africanbank’s Funeral Plan will cover unexpected costs of a funeral. Give your loved ones the send-off they deserve. Choose an affordable cover option for you and your loved ones. Or anyone important to you. We cover 8 out of 10 customers with our funeral plan.
Funeral Plan
Key Benefits
- Funeral cover with 24-hours promise pay out
- Cover up to R100,000
- No waiting period for accidental death
- No need to have a Bank account with Africanbank to get the Africanbank funeral plan
- Quick and easy online application - simply register and login
- No medical examinations
- From as little as R22
- Limited waiting period of 4 months for natural death for immediate family
- Limited waiting period of 6 months for natural death for extended family members
- Stillborn cover after 28 weeks of pregnancy
- Newborn premium waver and new born cover for the first 30 days from date of birth
- Child premiums for full-time students up to the age of 25
- Lifelong child premiums for permanently disabled or mentally ill children if we add them to the policy before the age of 25
- A grace period of 60 days from the premium due date if the premium was not paid before the policy lapsed and cover ceased
Key benefits
Breadwinners cover up
to R100 000, each, for the
main member and spouse
AT NO COST cover up to
R20 000, each, for up to 8
children, with our family or
single parent and child plans
Cover
up to R50 000, each, for
up to 8 extended family
members
For BIG COVER for your
family to start, pay your
1st low premium
Step 1
Covering immediate family members who depend on you
- Married breadwinners with children who depend on them, choose FAMILY COVER.
- Married couples who depend on each other, choose MAIN MEMBER & SPOUSE COVER.
- Single breadwinners with children who depend on them, choose MAIN MEMBER & CHILDREN COVER.
- Single breadwinners, choose MAIN MEMBER COVER to support their family financially.
How much cover would your family need to be supported financially?
- Breadwinners cover up to R100 000, each,for the main member and spouse.
- AT NO COST cover up to R20 000, each, for up to 8 children, with our family or single parent and child plans.
- Add your spouse and / or up to 8 children who depends on you.
Step 2
Covering extended family members, who you are supporting
- Grand Parents
- Parents or Parents-in-Law
- Aunts or Uncles
- Nieces or Nephews
- Non biological or adopted children
- Children over 21
- Even your domestic or gardener can be covered
Choose cover levels for extended family
- Cover up to R50 000, each, for up to 8 extended family members
- Add up to 8 Extended Family Members who you are supporting
- Who must receive the claims pay-out? Choose a beneficiary you trust to support the family financially
- How to pay your 1st low premium for BIG COVER to start
Step 3
For BIG COVER to start for your family, pay your 1st low premium
Key Benefits
- Approve the Debicheck request from our own bank on your own bank internet banking or App
- From your bank account into which your salary is deposited
- On the day that your salary is deposited
