Nedbank Funeral Insurance

Celebrate life today! Nedbank Funeral plans help you take care of tomorrow with an extensive range of funeral products for you and your family members to choose from.

Nedbank Funeral Insurance Products

• Nedbank Premier Funeral Plan
• Nedbank Funeral Plan Plus
• Nedbank Insurance Funeral Plan
• Nedbank EasyCover Funeral Plan
• Nedbank Gold Funeral Plan

Nedbank Premier Funeral Plan

This Nedbank product is a comprehensive funeral plan that includes retrenchment, disability, and grocery benefits.

• You can get cover for yourself, your partner or spouse, and up to 4 children
• R10,000 immediate pay-outs on the death of you or your beneficiaries stated on the policy within 48 hours for valid claims
• No waiting period for accidental death
• Grocery benefit of R1,000 a month for up to six months if you become disabled or are retrenched

The Nedbank Funeral Plan Plus

The Nedbank Funeral Plan Plus is an affordable option for individuals on a tight budget.

• Only for Nedbank account holders
• There is a R20,000 pay-out
• Add one beneficiary per Nedbank bank account
• No medical examinations
• Immediate pay-outs for accidental death
• Claims paid out in 48 hours for valid claims
• Tax-free pay-outs

The Nedbank Insurance Funeral Plan

• Cover of up to R75,000 for you and your life partner
• Get cover for up to 30 people on this plan
• There is a Family package option of R40,000 for your life partner
• Pay by debit order and get immediate cover for accidental death, and if paying cash, you will be covered for accidental death after the first premium payment
• Dependents have a six-month waiting period (immediate family members, domestic help, and parents)
• There is a 12-month waiting period for other dependents
• No medicals

Benefits

• There is a no-lapse benefit if you experience financial difficulties, and you will only pay part of your premium
• A grace month will be given should you need it (premiums will be adjusted accordingly)
• A premium bonus is awarded every 12 months (equal to the average premiums paid in the previous 11-month period)
• Cash payments for flexibility
• Premiums paid ten months in advance will buy you two free months
• Choose a family benefit for your beneficiaries of up to R2,500 a month (3, 6, 9 or 12 months)
• 12 months free premiums after the death of the main policyholder for beneficiaries on your policy
• Funeral support at no extra cost

Nedbank EasyCover Funeral Plan

• A user-friendly product made easy to understand
• This cover is flexible so you can select what level of cover you want and how much you would like to spend on your premiums
• Get cover for yourself, immediate and extended family members, and up to five children
• Premiums are paid either by cash or debit
• Free transportation of the remains of the deceased to the funeral home of choice (place of death to be in South Africa, Namibia, Zimbabwe, Botswana, Lesotho, Swaziland or Mozambique for free transportation with burial in South Africa)
• Travel arrangements, transportation, and accommodation for one night for a relative to accompany the body to the funeral home of your choice at no cost

Benefits

• Cashback benefit of 20% of the total premiums paid over a three-year period
• After death premiums will be paid for 24 months, thus providing ongoing cover for anyone on the policy at no extra charge

Nedbank Gold Funeral Plans

A comprehensive plan specifically for families.

• Get cover for yourself, immediate family members, and parents between R7,500 and R30,000
• Choose how much you would like to pay every month when your premiums should be paid monthly, and who you would like to include in your funeral policy (flexibility)
• Accidental death pays out double the cover
• If you are diagnosed with an illness with only a year to live you will get paid out 50% of your policy right away

Choose the Nedbank Funeral plan that suits you and your loved ones best; hand-pick the one that suits your circumstances and family dynamic best of all for the peace of mind you and your family deserve.