Discovery Funeral Cover

As the country’s leading medical aid, life insurance, and investment solutions provider with over 5 million clients  Discovery has become a household name that delivers real sustainable value within their industry.

While their lead in the health industry may have you thinking they’ve been around for a very long time, Discovery was in fact only started up in 1992 with the backing of Rand Merchant Bank. From then on they grew from strength to strength and were officially listed on the JSE in 1999.
In 2000, they launched Discovery Life followed by many other initiatives, offers, and products that made them what we know them to be today.

Making South Africans healthier

Discovery places great emphasis on health in everything that they do. They strive to help people improve their overall health and their social contributions revolve around this aim. This applies not only to their customers but also to their employees who are encouraged to live healthy, active lives and act as a positive example for everyone else.

Reducing their environmental impact

Discovery has been praised for their commitment to reducing their environmental impact and their dedication to reaching their environmental objectives as outlined in their environmental policy which combined their recycling, and climate change, and environmental policies.

From encouraging their employees to recycle by providing home recycling stations to recycling over 70% of their campus waste – Discovery certainly walks the talk. They’re also a member of the CDP and have remained transparent and willing to push themselves in this area.

Medical aid, Life cover, and more

Whether you want to secure your health and wellbeing by joining this leading medical aid scheme or want to carve out a solid financial plan for your family, Discovery can help you achieve your health, lifestyle, and financial goals.

Losing a family member is a traumatic event that no one wants to think about but, when you have a family to think about, it’s a reality that must be faced head-on.

A funeral cover offers a safety net that will ensure a grieving family is not left to scramble to get the money together to arrange a proper, dignified burial. It’ll pay out a lump sum to the beneficiary or policyholder as well as provide a handful of additional benefits such as a grocery benefit and extended cover for the family when the policyholder passes away.

Discovery’s Classic and Essential Funeral plans

Discovery offers two funeral plans; the Classic and Essential. These plans offer you and your family a financial blanket for when the unimaginable happens.

You also get to choose from six plan options that offer you either no payback benefits or up to 17.5% of your premiums. This payback benefit will be available to you after a claim-free period of five years.

Features of the Discovery’s Classic funeral plan

• You can select a benefit of between R10,000 and R60,000 depending on your needs and budget
• Once all the relevant documents are received and the claim form completed, you or your beneficiary will receive a payment within 24 hours.
• In the event of the accidental death of either you or your spouse, the payment is doubled.
• You get additional support through three extra payouts including R5,000 for the unveiling, R4,500 for educational fees and expenses, and R3,600 for groceries.
• If you pass away, your partner and children will be covered for a period of 12 months at no cost.
• You can enjoy cash backs of up to 17.5% after a claim-free period of four years. This feature allows you to select from six different cash-back
• Stillborns and children under three months are also automatically covered under the policy.