A basic funeral will surely cost about R10 000 nowadays. This will not include the price of a tombstone, nor any refreshments or the price of travelling or accommodation. A lot of people in South Africa simply don’t have that kind of money or any access to money to pay for even a simple funeral without indebting themselves as a way to pay for the funeral. In case you have a funeral policy your loved ones will not need to look into anyone’s eyes to assistance with paying for the funeral.
The African traditions prescribes that memorials typically are not very simple affairs. Funerals are attended by the extended family and sometimes by many more people. Ordinarily these funeral goers are fed and accommodated as a funeral often could happen over a few days and not a single day. All of this is expensive and even a modest funeral policy will go some way in paying for the burial ceremony. So many people are unnecessary crippled financially, by having to loan the money to bury family and friends. This, regrettably, seems unnecessary as a funeral policy could have paid for the service, should the deceased have had the insight to have subscribed to such policy, which will realise payout of the policy value within 48 hours of the handing in of a death certification. Insurance coverage may be obtained for amounts up R50 000, which should cover most rituals with money left to cover some or all debt left by the dearly departed.
A funeral policy also provides various options to the primary policy. Consequently, it’s possible to link funeral policies to additional life cover for yourself or your companion. Additionally, one could attach an optional cover for memorial advantage, which will cover the costs for the unveiling ceremony. Some funeral policies may also allow for the optional provision of monthly groceries to the value of R1500 for 1 year, in the event of your death or that of your spouse. Endorsement to such policy is assured provided you are less than 76 years of age. Funerals have during the past 20 years increased rather dramatically, especially in Kwa Zulu Natal and Gauteng due to deaths attributable to lifestyle diseases. This has resulted in up to ten or more funerals per weekend in small areas, thereby vying for services and causing a rise in prices. This craze probably will continue until the responsible outbreak is arrested. Death frequently comes unannounced and catches many family members unprepared and cash strapped dealing with the circumstance. It is unpleasant enough having to deal with death in the family not to be further worried by financial hardships when controlling the situation. A funeral policy won’t modify the emotional state of the people left behind but will at least cover the fundamental costs of a burial.
Obtaining a funeral policy seems to be the dependable thing to do in ensuring that one’s funeral costs are taken care of and doesn’t become a monetary stress to the family that is left behind.