African Bank Funeral Cover

African Bank is committed to taking responsibility for its actions and activities and striving to put the customer first by delivering on its promises. They achieve this by remaining open and honest and maintaining open communication that enables a long-lasting, respectable relationship to develop.

Products and services offered

African Bank offers a comprehensive range of financial and insurance products and services designed with you, the South African consumer in mind. These products include everything from basic transactional accounts and loans to credit life insurance and a solid funeral plan that can be customized to meet your unique needs.

Whether you’re looking to save money or get affordable insurance that will secure you and your family financially, you’ll get just the product that you need with African Bank. If you’re looking for a bank that doesn’t just treat you like another number, African Bank should be your partner of choice. They’re dedicated and will always go out of their way to make sure all of your needs are flawlessly met.

A Funeral policy you can rely on

While African Bank does not offer a full range of insurance products like the other major players on the market, their funeral policy is among one of the most reliable, beneficial ones on the market.

Not only have they made it easy to get an insurance quote and buy the cover, but they’ve also made it quick and easy for you to update your policy and contact details, and even easier to make a claim or contact their agents for help.

African bank’s funeral policy is designed to help you and your loved ones through a difficult time by not only providing the financial support needed to cover the funeral but also by providing additional support and benefits. 

The funeral policy will cover you and your loved ones for natural and unnatural death and payout a set lump sum. This lump sum (the over amount) will determine how much your premiums will be. You can add your spouse, children, and any extended family members to your policy which will lower the costs and give you more peace of mind.  Payouts can be used for any and all funeral costs and expenses including transportation of remains, coffins, burial plots, catering, and more.

Cover of up to R100,000

One of the great things about the funeral plan from African Bank is that you can get a customized plan to suit your needs and budget. They offer cover from R5,000 to a maximum of R100,000 which means you’ll get just the right cover amount regardless of your budget.

Special benefits for children

Children who are mentally ill or permanently disabled will receive life-long cover for the child rate so long as they were added onto the plan before the age of 25. In addition, full-time students can also get child rates up to the age of 25.

Who can get cover

As the main policyholder you must be over the age of 18 but under the age of 65 to apply for funeral cover. All people who are added to a policy must have a South African ID book.