Stangen

Stangen was established in 1948 and has changed and evolved over the years to become the much-loved insurer that it is today.

They pride themselves in delivering real, tangible benefits to all South Africans through their flexible range of insurance products. They offer life, disability, health, and funeral insurance cover at affordable rates that make sense.

Owned by King Price

Stangen is owned by King Price Financial Services, one of South Africa’s most loved and fastest-growing insurers. That being said, Stangen is run as a completely separate entity and their unique approach to insurance has been maintained.

Customer service from the heart

One of the ways that Stangen goes about differentiating itself from other insurers is by delivering exceptional service to its policyholders. They ensure that their products are simple and easy to understand as well as affordable and go out of their way to pay out claims as quickly as possible.

Partner with Stangen

If you’re someone that likes to plan for the future because you care about the wellbeing of your loved ones and perhaps, want to leave a legacy, then Stangen is the right insurer to partner up with and have your life, disability, medical, and funeral cover needs to be taken care of.

A team that stands out

Another way that Stangen has been able to set itself apart from the rest of the market is by ensuring that they select team members who are driven and passionate and will deliver the level of service to their customers that Stangen has set.

Whether you’re looking to get a life cover policy that will enable you to leave the legacy you’ve always dreamed of leaving behind or want funeral cover for yourself and your family, Stangen is ready to deliver.

Stangen’s funeral cover offers you up to R50,000 funeral cover with no waiting periods for accidental death, no medical exams, and the option to cover your whole family at an affordable monthly rate.

Funeral policy explained

Funeral policies are a term insurance product that ensures you, your spouse, and your children, and extended family members for a set amount. In the event that any covered family member dies, the insurer will pay out the lump sum and any additional benefits as per the policy schedule.

A closer look at Stangen’s Funeral cover

Stangen approaches insurance from a unique point in that they allow you to take on the benefits that you actually need and want rather than try and sell you on a set package that doesn’t really meet your needs.

With Stangen’s funeral policy you can cover yourself, your spouse, children, and extended family members as you desire. If you pass away as the policyholder, your family will still be covered for a further period of 6 months at no cost.

Commuter cover + Funeral insurance

If you take out, for instance, commuter cover, you not only get R500,000 death and disability cover, but you also get R50,000 ICU and funeral cover.

Funeral cover with a Life insurance policy

If you take out a life insurance policy with Stangen you not only get up to R10 million cover but you also get an accelerated funeral benefit that will quickly pay out R30,000 to help pay for funeral expenses within 24 hours. Unlike with a funeral policy, you may have to go for an HIV test to secure life cover.

The reason that this is a great feature is that life insurance claims generally take a fairly long period of time to pay out and this usually leaves the family struggling to pay for the cost of the funeral.