Capitec Funeral Cover in South Africa
Capitec has become one of the most significant players in South African funeral cover. Since launching its own funeral product, Capitec now underwrites through Capitec Life Limited (FSP 54090) and issues approximately one in every three new funeral policies in the country — covering over 12 million lives across 2.7 million active policies.
What Capitec Funeral Cover Offers
- Cover up to R100 000 for the main member
- Up to 21 family members on one policy
- Premiums from R25 per month
- No automatic annual premium increases
- Claims via app, WhatsApp, email or any branch
- Underwritten by Capitec Life Limited (FSP 54090)
How to Get Capitec Funeral Cover
Capitec funeral cover is available through the Capitec banking app, at any Capitec branch, or by calling 0860 10 20 43. You do not need to bank with Capitec to apply — any South African bank account qualifies.
Capitec vs Other Funeral Cover Providers
Capitec's main advantage is price. For R50 000 cover, Capitec charges significantly less than traditional insurers. The trade-off is that Capitec pays a cash lump sum only — it does not coordinate funeral arrangements, transport, or catering the way a provider like Avbob does. For families who want cash paid fast and prefer managing arrangements themselves, Capitec is hard to beat on value.
How Capitec Compares
| Provider | Max Cover | From (pm) | Accidental Death | Payout |
|---|---|---|---|---|
| 1Life | R50 000 | R29 | Immediate | 24 hrs |
| Assupol | R100 000 | R70 | Double payout | 48 hrs |
| Avbob | R50 000 | R36 | Double payout | 48 hrs |
| Capitec | R100 000 | R25 | Immediate | 24 hrs |
| Clientele | R50 000 | R39 | Immediate | 24 hrs |
| Discovery | R50 000 | R60 | Immediate | 48 hrs |
| FNB | R50 000 | R49 | Double payout | 24 hrs |
| Hollard | R50 000 | R59 | Immediate | 48 hrs |
| Liberty Life | R50 000 | R55 | Immediate | 48 hrs |
| Metropolitan | R50 000 | R36 | Immediate | 4 hrs |
| Momentum | R50 000 | R49 | Double payout | 48 hrs |
| Old Mutual | R50 000 | R49 | Double payout | 48 hrs |
| Sanlam | R100 000 | R80 | Triple payout | 48 hrs |
| Standard Bank | R100 000 | R55 | Double payout | 48 hrs |
Premiums are indicative starting prices and subject to change. View full comparison »
Looking for a Quote?
WithGrace does not provide Capitec cover directly. However, we can connect you with a registered funeral cover plan that may suit your needs.
» Cheap funeral cover for extended family
Please note: WithGrace is an independent funeral cover information service. We are not affiliated with, authorised by, or acting as an agent for Capitec. This page is provided for informational purposes only. WithGrace does not sell or provide Capitec cover.
To get a quote directly from Capitec, visit their official website: https://www.capitecbank.co.za/personal/insure/funeral-plan/
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With Grace is a funeral cover and policy provider that gives South Africans information about a range of funeral related insurance products. We work with only the best funeral policy companies in South Africa to ensure you get the best plan and service. READ MORE
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