Funeral Cover
Funeral costs are seldom considered until the time comes to organise one. And
that is probably the worst time of all. Depending on the requirements it could
cost anything between N$7 000 and N$30 000!
As sombre as it sounds, your own funeral is very rarely considered. The thought
is brushed away with the misconception that there will be enough money in the
estate to cover the cost. The problem is that access to funds is temporarily
suspended until such time as the estate is wound up. That means loved ones end
up paying the costs upfront.
Different cover for different needs
There are a number of options to consider when considering funeral cover.
These include:
- Funeral cover for yourselfnd your immediate family
- Funeral cover for your extended family, Funeral cover for your extended family,
which could include your mother, father, brother, sister, aunt or uncle and even
your in-laws
Old Mutual Solutions
To help protect you against those unexpected expenses Old Mutual offers
- Greenlight Final Expenses Plan: this
plan also offers you the option to cover yourself and members of your immediate
and extended family. Medical testing is required in some instances.>
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