Discovery Funeral Cover

Discovery Funeral Insurance is an affordable option starting at R53 a month. This funeral cover is for the insured and for their family members and pays out at the time of death, offering benefits to assist during and after the event.

Discovery Funeral

• Discovery Life Funeral Plan

Discovery Life Funeral Plan

• Get cover from R53 a month
• The Discovery Life Funeral Plan option you choose determines the funeral cover amounts for you and the other lives assured
• A lump sum is paid out for any life assured who passes away (funeral cover won’t pay out for you if you or the assured die from natural causes during a waiting period)
• Waiting periods will not apply if the death is due to an accident
• Should an insured die from natural causes during a waiting period, premiums paid during that time will be paid back
• Once all requirements and documentation have been met, funeral cover is paid out within 24 hours
• Cover amounts increase every year on the policy anniversary
• Funeral cover amounts for children and stillborn children are limited by law

Discovery Life Funeral Plan Benefits

Automatic Baby Cover

• Discovery Automatic Baby Cover pays out a lump-sum amount if a child born to you or your spouse (insured as the spouse on the policy) dies within three months from birth
• Discovery Automatic Baby Cover pays out funeral cover if your child or the child of your spouse (insured as the spouse on the policy) is stillborn
• Cover is limited to a maximum of two pay-outs per policy
• No benefit will be paid for a child or stillborn if the pregnancy term is shorter than 26 weeks

Discovery Accidental Death Benefit

• If you or your spouse or partner dies as a result of an accident, the total funeral cover amount is double the funeral cover amount stated
• Your spouse needs to be insured as a spouse on your policy schedule
• Waiting periods do not apply for accidental death for you and the lives assured
• The accident that leads to the death of a life assured must occur after the start date of the policy, or after Discovery accepts the addition of the lives assured on the policy

Discovery Waiting Periods

• Waiting periods do not apply to accidental deaths
• A waiting period applies from the date a new life assured is added to the policy
• A waiting period will be six calendar months from the start date of the policy for you, your spouse, children, parents, and parents-in-law covered under the Discovery Funeral Policy
• A waiting period will be implemented for nine calendar months from the start date of the policy for any extended family covered
• The waiting period will also apply to the increased funeral cover amount for all lives assured, from the date when cover is increased
• If you or an assured dies of natural causes during the waiting period, Discovery Life will refund the premiums for that life assured

Discovery Educational Benefit

• If you or your spouse, insured as a spouse on the policy, dies, the Education Benefit as stated on your Policy Schedule will be paid out for each child insured
• The Education Benefit will not apply to a child who is insured as an extended family
• The Education Benefit will increase every year
• If the Education Benefit has been paid it will not be available again if your spouse chooses the continuation option
• The benefit will only be paid once on the earlier date of your or your spouse’s death

Discovery Memorial Benefit

• Should you or your spouse (a spouse who is insured on the policy), dies, the Memorial Benefit amount on your policy will be paid out at death
• The benefit will increase every year on the anniversary of your policy date

Discovery Grocery Benefit

• Should you or your spouse (insured as a spouse on your policy) die, the Grocery Benefit stated on your policy will be paid out at death
• This benefit increases every year on the policy anniversary

Choose world-class Discovery Funeral Insurance cover with the most affordable options. Find one that suits you and your family’s needs.