Funeral Insurance in South Africa

Funeral insurance — also called funeral cover or a funeral plan — is a policy that pays out a tax-free lump sum when an insured person dies. The money is used to cover the costs of the funeral, including the coffin, burial or cremation, catering, transport, and other expenses. Funerals in South Africa typically cost between R15 000 and R50 000, and without insurance, this burden falls on the family at an already difficult time.

Funeral insurance is one of the most widely held financial products in South Africa. It pays out quickly — typically within 24–48 hours of a valid claim — which is important because most funerals are arranged within three to seven days of a death.

Types of Funeral Insurance Plans

  • Single cover — protects the main member only, from R70/month
  • Family cover — includes partner and children, from R80/month
  • Extended family cover — adds parents, in-laws and other relatives, from R22/month per additional member

Funeral Cover Plans & Premiums

The following cover options are available for qualifying South Africans:

Single Cover

Cover Amount Monthly Premium
R10 000R70
R20 000R95
R30 000R120

Family Cover

Covers main member (18–65), partner (18–65), and children.

Cover per member Monthly Premium
R10 000 main & partner / R5 000 childrenR80
R20 000 main & partner / R10 000 childrenR115
R30 000 main & partner / R15 000 childrenR150

Extended Family Cover

Add parents, in-laws and other family members aged 0–85.

Age group Cover options Monthly from
Adult 0–65R3 000 – R15 000R22
Adult 66–75R2 000 – R10 000R36
Adult 76–85R2 000 – R10 000R50

Value-Added Benefits

  • Emergency Medical Services
  • Trauma & Assault Assistance
  • HIV Prevention Cover
  • Legal Assist
  • Repatriation of remains
  • Discounted Food Vouchers

See also: Compare funeral cover plans | Funeral cover for parents | Cheap cover for extended family

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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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