What is the waiting period for Hollard funeral Cover?
What is the waiting period for Hollard funeral Cover?
With the current Hollard Funeral Plan, you’ll be subject to a waiting period of 12 months for death as a result of natural causes and suicide, and a waiting period of 24 months for death as a result of a pre-existing condition.
How many funeral plans can I have?
While there is no limit to the number of funeral policies you can have, and nothing in the Long-Term Insurance Act that deals with “over-insurance”, there are insurers who won’t insure any one person for more than a set amount and there are those that will pay only a certain number of polices on a particular person’s …
What is the maximum amount of funeral cover in South Africa?
Under the Prudential Authority, policies will be capped at R100,000 for life insurance and R300,000 for non-life insurance. There will also be caps on the maximum benefit for funeral policies, whether provided by micro-insurers or traditional insurers, at R100,000.
Which funeral plan is the best in South Africa?
Clientèle stands out as the most comprehensive funeral insurance policy on the market. They offer two levels of funeral cover: Funeral Dignity from R205 per month, and Ultimate Dignity from R215.
What do I need to know about Hollard funeral plan?
Hollard offers a range of options for funeral cover to give you financial support should you or a family member pass away. Terms and conditions apply. Read more about our Hollard Funeral Plan, or get a funeral insurance quote online now.
Who is covered by a family funeral policy?
If you have a spouse, children, or are supporting your parents or parents-in-law, a family or parental funeral policy will cover them on your policy along with yourself. What this means is that if you or any of your family members pass away, you have the comfort of knowing that you or your family members can cover funeral-related expenses.
How long does avbob extended family funeral cover last?
At AVBOB we respect that our members may prefer to pay for funeral cover over a specified term. With our Extended Family Insurance product you have the option to take out a whole-life policy or, if you prefer, you can opt to only pay premiums for a term of ten (10), fifteen (15), twenty (20) or twenty-five (25) years.
How to contact Hollard funeral insurance co.za?
We remain committed to our clients during this COVID-19 pandemic. Click here for more information. For claim related queries please contact us on 0860 333 664 or [email protected] . For any changes to your policy call us on 0860 333 118 or email us at [email protected] . Please stay safe and take care.