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Funeral insurance in South Africa

This type of cover can help your family during a difficult time. is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. We compare many, but not all, products and services. We are not credit intermediaries or brokers of consumer loans or other financial products. We do not sell any financial products, offer consumer loans or provide financial advice. We also do not arrange or mediate the signing of any contract. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. If you are unsure you should get independent advice before you apply for any product or commit to any plan. While we are independent, we may receive compensation from our partners for featured placement of their products or services. We may also receive compensation if you click on certain links posted on our site.

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Funeral insurance provides a nominated person (e.g. your spouse) with the financial ability to cover your funeral expenses when you are no longer around. Read on to find out what you need to know about covering the costs of your service.

What is funeral insurance?

Funeral insurance can give your family a lump sum to cover the costs of your funeral after you die. It can also help take care of some of the arrangements of the service, which can help to ease some of the significant stress for your loved ones. What’s covered by funeral insurance varies a lot among providers and policies. So it’s very important that you read and understand fully the terms of your policy before you buy, to avoid passing any extra costs to your loved ones.

How can I meet the cost of a funeral?

You can use the following methods to cover your funeral expenses:

  • Saving for a funeral. One way is to open a high-interest savings account and contribute a small amount on a regular basis. If you tell a close friend or loved one about the account, the money for your funeral will be there when they need to pay for a funeral plan directly with a funeral director.
  • Funeral insurance. This involves taking out a policy and paying regular premiums to maintain your cover. While some policies could cost you more than the cost of a funeral over time, if you look for an insurer who offers capped premiums and a pay-out guarantee, you will only pay the amount you want. Capped premiums mean that once you reach your chosen benefit amount, cover continues without the need for further payments.
  • Life insurance. Funeral costs could be met through a pay-out from some types of life insurance policy.

When will – and when won’t – my family receive a payout?

Some criteria you’ll need to meet may include:

  • Passing away or developing a terminal illness
  • The death or illness not happening in the first 12 months of holding a policy
  • The cause of your death or illness being accidental (if in the first 12 months)

Why might I take out funeral insurance?

Funeral insurance is important to ensure your loved ones are not left with a financial burden when you die. Most funeral insurance plans in South Africa offer a number of benefits as standard. These could include:

  • 1. Fast, simple application process. Funeral insurance is designed to be straightforward so you can apply quickly.
  • 2. Flexibility in the way you pay. Funeral insurance offers features that can help you control how much you’ll pay for your insurance and how you will pay.
  • 3. Payout benefits. Funeral insurance offers various benefits in the way it pays out to your family.
  • 4. Features that look out for you. Many funeral insurance policies now have certain features to help you get the most value out of your policy and protect your from being ripped off.

What expenses can funeral insurance cover?

Funeral insurance is designed to provide your dependants with a lump sum payment in the event of your death. This payment can be used to cover the different types of funeral costs, including:

  • Caskets and urns.
  • Cremations.
  • Gravestones.
  • Flowers.
  • Funeral home service costs, including the venue hire, director fees, dressing and embalming.
  • Transportation for close family members.
  • Other wake service costs, such as food and drinks.

What happens if I can’t pay for my funeral?

A funeral can cost many thousands of Rand, and if you die unexpectedly without some means of paying for your own funeral, your dependants or relatives will be left with the cost. Your family will need to pay this money upfront, so even if you have a death benefit with your employer, it could take some time for it to be released, leaving your loved ones with an immediate bill that they might struggle to pay.

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