Funeral cover is probably a necessity for the majority of us, especially when death is sometimes unexpected. Many financial institutions offer funeral policies, and a growing trend of them has been specifically the big banks. That is why we believe Capitec funeral cover is a product that’s needed by everyone.
Find our more about our thoughts on Capitec funeral cover below or fill in the form to receive up to 18 funeral insurance quotes in South Africa,
Capitec Funeral Policy Plan
Over the past decade, Capitec has grown from an obscure bank on the back of affordable banking and other financial solutions. It is now the 4th largest bank in South Africa, and just like the original Big 4, is likely to offer funeral policy plans.
By offering funeral insurance, Capitec would add more value to its customers and its own business. More importantly, when priced right, like all of Capitec’s current products, this could be the cheapest funeral cover in South Africa.
Here’s what we think it should cover:
- Burial costs
- Costs of repartiating the body to its destined burial place
- Grocery allowance for at least 6 months after your passing, or the passing of your family’s breadwinner
- Premium waiver for when you can no longer pay your monthly premiums
- Cover for at least 8 of your family members, for example your children, spouse, parents and in-laws
- Assistance with the funeral preparations
- Most importantly, Capitec funeral cover quotes should be cheap like the premiums of other similar funeral insurance from banks. Any price less than R30 per month would be welcomed by many people.
Capitec is perfectly positioned to offer funeral insurance, and its simplicity and sophistication would be an ideal offer for anyone. You could get quotes online and buy online as well. Furthermore, you could buy cover from any branch, ATM or even a store like Shoprite, which already carries money transfers for Capitec and offers Shoprite funeral cover as well.
We at Insurance ‘n More envision these products to be super competitive, which will ultimately make them affordable and accesible to everyone. Right now, Capitec needs to catch up with the other banks which offer funeral cover already. Below is a list of those banks:
Alternatively, use our form below to compare cheap funeral cover.
Capitec Contact Details
The Capitec website: www.capitecbank.co.za will have updates about its insurance offerings as they become available.
Capitec Latest News
The articles below follow some of the latest news about Capitec. We have recently added this section to keep you updated about the companies we have reviewed on this website and we hope that you will find this information useful.
More news and updates about Capitec can be found on Google News.
Insurance ‘n More makes no representation for Capitec and/or its partners. Our website is a mere information resource that informs visitors of different financial services options available for them to compare in South Africa.