All new members are subject to a six(6) months waiting period before cover commences but should a member die as a result of an accident three (3) months waiting period will apply.

 

All principal members must submit their copies of IDs on joining the scheme, and beneficiaries must have their ID numbers correctly filled in on joining the scheme.

 

Otherwise no cover shall commence if the information is not supplied in full or incorrect.

Members and their dependants are covered for the benefits indicated in this schedule unless indicated below

 

At death the beneficiary shall supply all relevant documentation needed to process the claim.

Cover shall lapse on non-payment of two consecutive monthly premium (60 days).

On reinstatement cover shall commence but a waiting period of 6 months shall apply in all categories.

 

Benefits for children under the Family Funeral Plan

 

Children 14-21 years will enjoy 100% of the Benefit of the main policyholder.

Children 6-13 years will enjoy 60% of the Benefit of the policyholder.

Children 1-5 years will enjoy 40% of the Benefit of the policyholder.

Children 0-11 months will enjoy 30% of the Benefit of the policyholder.

Stillborn children will enjoy 20% of the Benefit of the policyholder.

 

 

Member Cover Amount and Monthly Premium

 

Member Cover                                                                                         Cover Amount             Monthly Premiums

 

1 . Single in age group 14 – 65 years                                                 R5000                             R30

1 . Single in age group 14 – 65 years                                                 R10000                           R55

1 . Single in age group 14 – 65 years                                                 R15000                           R75

1 . Single in age group 14 – 65 years                                                 R20000                          R95

2 . Single in age group 65 – 74 years                                                R 5000                            R85

 

 

3 . Family Cover in age group 14 – 65 years                                  R5000                             R45

3 . Family Cover in age group 14 – 65 years                                  R10000                           R55

3 . Family Cover in age group 14 – 65 years                                  R15000                           R85

3 . Family Cover in age group 14 – 65 years                                  R20000                          R110

4 . Family Cover in age group 65 – 74 years                                  R5000                             R85

4 . Family Cover in age group 65 – 74 years                                  R10000                          R175

4 . Family Cover in age group 65 – 74 years                                  R20000                          R295