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Digni Financial Services

2 Pyramid Road, Isandovale, Edenvale

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How to choose the correct funeral plan

Before making a decision, consider your own and your family's needs, both now and in the future. Consider how many people are in your family and how much you can afford to pay for funeral insurance without sacrificing other aspects of your life. You must then consider how much you will need to pay for the funeral and how much you will need to pay each month for the policy. The sooner you are able to afford one, the better. It is always preferable to be prepared for the unfortunate events of life.

Benefits of funeral insurance
Having adequate funeral coverage has numerous advantages. It saves the bereaved family from the additional emotional trauma and financial burden of borrowing money from relatives or, worse, from unsecured lenders at exorbitant interest rates. The availability of funds to plan a fitting send-off relieves the family of unnecessary worry and uncertainty. While this coverage is primarily intended to assist families with the immediate needs for a funeral, it also plays an important role in providing comfort to the family by ensuring that they do not have to worry about finances for a funeral following the death of a loved one.
 
How do I get the best out of my funeral cover
Before making a decision, compare several funeral plans. Compare three or four funeral policies in terms of your family’s needs, the funeral provider’s reputation, and the ability to pay claims before deciding on the best one for you. If you are having trouble making regular monthly payments, contact your service provider and notify your insurance provider. Most of the time, an arrangement can be made to keep your funeral plan active. You can ensure that you have benefits that will help you and your family by selecting a funeral policy based on your needs. Some funeral policies include extra benefits such as paying for the transportation of the deceased’s body from the place of death to the place of burial. Some policies may also provide other benefits such as unemployment and maternity benefits. This means that if you lose your job or become pregnant, you can suspend your premiums for a period of time until you return to work. A funeral plan should fit your lifestyle and the needs of your loved ones.

Remember, keep your funeral policies up to date. Information such as beneficiaries, contact details and insured persons should be kept up-to-date so that claims can be paid out as soon as possible after death.

 

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Choose from our flexible funeral plans that cover up to R30 000 and make sure your policy fits your needs. No Joining fee, when you signing up with Digni funeral plan.

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