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Funeral Cover

The freedom to honour life

Father walking along a wooden bridge with his son, both carrying fishing rods

  

 

Financial support when you need it most.

Investec Life Funeral Cover is more than just a policy benefit. It is a promise to financially support you and your family during one of life’s most challenging moments.

Honouring a loved one often costs more than expected, and planning for it is crucial. Investec Life’s Funeral Cover pays out within two business days of receiving all required documents, allowing you to manage expenses such as transportation, cremation or burial costs, and grief counselling.

You can add up to ten (10) individuals on one policy. This benefit also covers the financial costs associated with a stillborn or a newborn baby’s funeral (over and above the 10 individuals on your policy) with a fixed payout of R5,000.

 

Get a quote or apply online through Investec Online or the App

  1. Login and click on the “Insure” tab
  2. Click on the “Learn more”
  3. Click on “Get a quote now”

 
 

Do I need funeral cover?

Funeral cover with no waiting periods on accidental death is an essential part of sound financial planning, helping you honour a loved one with dignity without worrying about how to fund it.

Why is funeral cover important?

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.

What is the best funeral cover in South Africa?

Investec Life’s Funeral Cover is ideal to supports 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.

Do I need Life Cover to access Funeral Cover?

Yes. Investec Life’s Funeral Cover is an add-on to your Life Cover policy with Investec Life 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.

Can I get Funeral Cover if I am over the age of 60?

To qualify for Investec Life’s Funeral Cover, you must be under the age of 70 at the application stage and have or are applying for a Life Cover benefit from Investec Life.

Are there any waiting periods?

Yes, 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.

Download brochure

Download our Funeral Cover brochure

Ease the burden on your loved ones by ensuring they’re able to cover funeral costs quickly.

The Investec Life difference
Tailored

Designed to meet your individual needs. Investec Life’s Funeral Cover is an optional add-on to our Life Cover benefit. You must take up or be applying for at least R500,000 in Life Cover to qualify for the Funeral Cover benefit.

Efficient

For accidental deaths, payouts on our Funeral Cover are made within two business days of receiving all required documents.

Comprehensive

Add up to 10 individuals on one policy, including a payout for the financial costs associated with a stillborn or a newborn baby’s funeral.