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 […]
OneSpark are changing the insurance game | Let’s introduce you to them!
Over the past year and a half, many South Africans have faced super tough financial times due to the effects of the pandemic and this, in turn, has impacted their ability to afford insurance premiums. We know this as we have historical missed premium data scales to prove it. Having the right insurance policies in […]
9 frequently asked Funeral Cover questions
Have you ever looked at an offering and wondered if it’s actually worth spending the money? Funeral insurance can be one of those ‘I’m still on the fence’ type of products, right? It’s marketed aggressively, so we’ve all heard our fair share of funeral cover pitches on the radio or TV. But is it something […]