Funeral Benefit

The company pays the insurance premium for the funeral benefit on your behalf. While you are employed by the company, as a member of the Fund and under normal retirement age, or if you are a disability member, the following amounts are payable towards the cost of a funeral: 

Member and qualifying spouse

R25 000

Children age 14 – 21

R12 500

Children age 6 – 13

R5 000

Children under age 6

R2 500

This benefit ceases at resignation, dismissal, retrenchment or retirement. It is also not applicable to members who have passed their normal retirement age.

Additional Voluntary Funeral Benefit 

If you took out the SAFRICAN Insurance Additional Voluntary Funeral Assurance benefit, then, while you are employed by the company, a member of the Fund and under normal retirement age, the following additional amounts are payable towards the cost of a funeral: 

Member and qualifying spouse

R15 000

Child age 14 – 21

R15 000

Child age 6 – 13

R7 500

Child under age 6

R3 000


  This benefit ceases at resignation, dismissal, retrenchment or retirement. It is also not applicable to members who have passed their normal retirement age.

New employees who want to take out this Additional Voluntary Funeral Assurance benefit must do so within 3 months of joining the company. Alternatively, they will need to wait until the next renewal period, which takes place each January. 

Membership may also only be cancelled at the renewal date, which takes place each January. 

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