Funeral Cover

Funeral cover alleviates the financial burden on loved ones by covering funeral expenses. It provides peace of mind, ensuring that costs like burial, cremation, and memorial services are managed without dipping into savings or incurring debt during an emotionally challenging time.

With Investec Life’s Funeral Cover, you can include up to 10 people under one policy. This flexible structure allows you to support your entire immediate family and dependents with dignified cover, all in one place. Even stillborn or newborn babies can be included, ensuring that every life is honoured.

Yes. In order to qualify for Investec Life’s Funeral Cover, you must be under the age of 70 at the application stage. In addition, you must have, or be in the process of applying for, at least R500,000 in Life Cover to qualify for our Funeral Cover benefit.

The family members you add to your policy are subject to a six-month waiting period for all non-accidental deaths and 12-month waiting period for death by suicide. There is no waiting period on accidental death, which means accidental deaths are covered from the first day the family member is added.

Only the 12-month waiting period on death by suicide applies to you as the main client.

Investec Life’s Funeral Cover is ideal to support you to cover funeral-related costs. Use your lump sum payment in any way that helps you, for example, transporting the deceased to the funeral home or final resting place, burial or cremation expenses, memorial services, and even grief counselling services.

Funeral cover is an essential part of sound financial planning. It helps you honour loved ones with dignity, without the burden of unexpected costs.

Yes. Investec Life’s Funeral Cover is an add-on to your Life Cover policy and helps cover short-term funeral-related expenses. Payouts are made quickly – within two business days after submitting all the required documents – to ensure no delays in making the necessary arrangements.

Investec Life’s Funeral Cover is an optional benefit added to your Life Cover policy, designed to provide swift financial support during difficult times.

Upon the passing of a covered individual, a lump sum payout is made to help manage expenses such as transportation, burial or cremation, memorial services, and grief counselling. You can include up to ten individuals on one policy, with additional coverage for stillborn or newborn babies.

To qualify, applicants must be under 70 and have or be applying for at least R500,000 in Life Cover.