The Benefits You get from a Hollard Funeral Plan
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A Hollard Funeral plan brings more to the table than simple ease of the application process the hassle free method of claiming. It has some the insurance industry’s best thought out benefits package. The Hollard Funeral Plan is the keystone of Hollard Funeral and as a wise man once said “it’s the benefits that make a relationship work”.
The following are the huge amounts of benefits that you as a policy holder are eligible for:
• A prompt cash pay-out of up to R50 000
• No medical testing required (including those of H.I.V tests)
• Optional cover for both your spouse and your children
• 6% annual benefit increase to keep pace with rising inflation
• Optional Vehicle Access gives you access to a vehicle to assist in the funeral planning process
• A lump sum pay back benefit whereby up to 1 year’s premiums are paid back every 5 years regardless of whether or not you claimed
• Optional cover for your parents should they be under the age of 76 years
• The optional Memorial Benefit that assists in paying for the costs associated with the unveiling ceremony
• Hollard Groceries Plan pays out a fixed amount for a year to assist in sharing the burden of groceries and other vital household bills
These are just some of the benefits that you will receive with the signing up of a Hollard Funeral Plan. In additional to these very tangible benefits that assist you financially deal with the loss of a loved one, there are also the substantial benefits of great customer service and prompt processing of your application and claims.
For the finest in funeral policies from one of the best insurance providers of the world today, contact Hollard Funeral now and learn more about the benefits and how much you can gain from them.
The need for funeral insurance
The need for funeral insurance
If the breadwinner in your family were to die tomorrow, will there be funds available to take care of your family? We know that tragedy can strike at any time in the way of illness or an accident and young couples just starting out will hardly have the cash set aside to ensure that the family will have peace of mind, a roof over their heads and food on the table.
With a funeral insurance policy – your family will not only be assured of financial assistance in the future but the cover helps to pay for the funeral and other immediate costs through a lump sum. The funeral cover is available to all South African citizens and legal permanent residents between the ages of 18 and 75. No medical examinations are required for you or your family members
An example of the benefits of a typical Funeral insurance policy
- Cover that ranges from R5 000 to R50 000
- There is also an Accidental Death Benefit – in the event of an insured’s accidental death
- An automatic annual increase of your cover ensures that it keeps pace with inflation
- A monthly benefit of a fixed amount of up to R1200 worth of groceries for a period of up to 12 months
- The use of a car hire service for up to six days with unlimited mileage and a free full tank of petrol
- Up to R50 000 payout for your partner with a maximum of R10 000 for each child
- Up to R10 000 one year after your death or your partner’s death, towards the expenses of an unveiling ceremony.
- Accidental Death and Disability Benefit / Personal Accident Benefit in the event of an insured’s accidental death or accidental permanent disability.
Funeral Insurance
FUNERAL INSURANCE
If tragedy strikes, funeral insurance can assist in lightening the burden of your family at a time when they are coping with the loss of a loved one with financial assistance. This cover allows you to help pay for the funeral through a lump sum, as well as to take care of any other immediate costs.
The funeral cover is available to all South African citizens and legal permanent residents between the ages of 18 and 75. No medical examinations are required for you or your family members
Typical Funeral Plan Benefits
- Cover that ranges from R5 000 to R50 000
- Accidental Death Benefit – in the event of an insured person’s accidental death
- Annual increase of your cover – ensures that your cover keeps pace with inflation
- Groceries Benefit: a monthly benefit of a fixed monthly amount of up to R1 200 for 12 months
- Car-hire service The use of a car for up to six days with unlimited mileage and the first full tank of petrol free
- Up to R50 000 payout for your partner with a maximum of R10 000 for each child
- Up to R10 000 one year after your death or your partner’s death, to assist your family with the expenses of the unveiling ceremony.
- Accidental Death and Disability Benefit Personal Accident Benefit provides cover in the event of an insured person’s accidental death or accidental permanent disability.
A worthwhile investment at a comparatively low premium
Funeral Insurance
Funeral Policy Vs Life Insurance
Funeral Policy Vs Life Insurance
Taking out a funeral policy seems like a very sensible idea, as this would ensure that your family wouldn’t carry the financial burden of paying for your funeral.
Before purchasing a funeral cover, you should explore your options and look into a life insurance policy.
Life insurance differs from a funeral policy in that it insures your life and safeguards your families’ financial security. There are more benefits that can be gained from a life insurance policy. It pays out a lump sum of money if you are retrenched, accidentally injured, become terminally ill or become disabled and can no longer bring in an income. It is also able to ensure that if you die, your family can continue living their life financially secure. A life insurance can also settle any debt, so that your family is not burdened with this responsibility.
If you are rather opting for a funeral cover, then you should be wise and research the benefits as well as the company.
A life insurance will cost you more each month, but they do generally pay out more. It will also give you peace of mind knowing that no matter what happens to you, your family will be looked after and can carry on living without financial burdens.
Have a look around for car insurance quotes in South Africa.
Paying For Your Burial
Paying For Your Burial
Funerals can create long and pricey bills. If you don’t have the right insurance or cover then the ones that will suffer this cost is your family. Do you really want to stick the bill of your own death with your family? And have them stress and worry even more?
If not then burial insurance will pay out money that your family can use to pay the funeral bills. You literally pay for your funeral ahead of time and plan it yourself.
There are so many costs that are associated with funerals from the flowers to the catering to the funeral director and the list can just keep going.
Plan for the future and plan for your death. You can pay for it and your loved ones won’t need to stress about finances but can mourn your loss in peace.
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