Life Insurance vs Funeral Insurance: Which Is Right for You?
When it comes to securing your family’s future, one of the most common dilemmas is choosing between life insurance and funeral insurance. The answer largely depends on your unique financial needs and circumstances. Understanding Your Family’s Needs Here’s how to determine the best option for you: Key Features of Each Insurance Type Funeral Insurance: Life […]
Is Funeral Insurance Important?
While death is an inevitable part of life, funerals are often unplanned and can place a significant financial burden on loved ones. Funeral insurance offers a way to ease that burden, providing peace of mind for both you and your family. During an already emotional and challenging time, having funeral expenses covered allows your loved […]
Rising Funeral Costs in South Africa: Why Funeral Insurance Is Now Essential
The cost of funerals in South Africa has been rising steadily over the years, far outpacing inflation rates. According to recent data, the average cost of a funeral in South Africa can range from R10,000 to R50,000 or even higher, depending on various factors such as location, type of service, and additional expenses like transportation […]
Understanding the Vital Benefits of Funeral Cover
In the realm of financial planning, one often-overlooked aspect is funeral cover. While it may not be the most comfortable topic to discuss, having adequate funeral cover can provide essential financial relief and peace of mind during a challenging time. In this article, we delve into the benefits of obtaining funeral cover and why it […]
8 things you need to know about Old Mutual’s new funeral insurance
If you happen to be the breadwinner in your family, forking out over R200 000 for various family funerals over the course of your life, might not be an over-exaggeration. Can you really afford for this to happen? What impact will this have on your own short-term and long-term saving ambitions? Old Mutual has just […]