Our Funeral Insurance
Individual Funeral Plans
| Age | R10 000 | R15 000 | R20 000 | R30 000 |
|---|---|---|---|---|
| 18–64 | R100 | R170 | R195 | R250 |
| 65–74 | R300 | R330 | R385 | R420 |
| 75–84 | R380 | R405 | R460 | R510 |
| 85+ | R450 | R675 | R900 | R1 350 |
Note: Rates for age 85+ are underwritten with Old Mutual.
Family Funeral Plans
| Age | R10 000 | R15 000 | R20 000 | R30 000 |
|---|---|---|---|---|
| 18–64 | R195 | R265 | R320 | R375 |
| 65–74 | R395 | R435 | R480 | R530 |
| 75–84 | R475 | R540 | R560 | R590 |
Extended Family Funeral Plans
| Age | R10 000 | R15 000 | R20 000 | R30 000 |
|---|---|---|---|---|
| 18–64 | R390 | R550 | R720 | R980 |
| 65–74 | R440 | R640 | R840 | R1 080 |
| 75–84 | R490 | R720 | R940 | R1 290 |
Terms & Conditions
Children’s Benefits
Stillbirth – 11 months
- Option 1: R1 250
- Option 2: R1 875
- Option 3: R2 500
- Option 4: R3 750
1 – 5 years
- Option 1: R2 500
- Option 2: R3 750
- Option 3: R5 000
- Option 4: R7 500
6 – 13 years
- Option 1: R5 000
- Option 2: R7 500
- Option 3: R10 000
- Option 4: R15 000
14 – 21 years
- Option 1: R10 000
- Option 2: R15 000
- Option 3: R20 000
- Option 4: R30 000
As per South African regulations, payout amounts for children vary according to age.
Two stillbirths covered for the duration of cover.
Terms & Conditions
Entry ages: 18–84 for principal members. No cessation age—cover remains in force for life.
Accidental death: Paid immediately once first premium is received—no waiting period.
Natural causes: 6-month waiting period.
Suicide: 12-month waiting period.
Claims submission: Contact our Support team claims@tfibrokers.co.za or WhatsApp
- Old Mutual does not have a limit on the age of inception.
Exclusions
All benefits will not be paid if death is directly or indirectly caused by:
Terrorism or war (declared or not)
Radioactive contamination
Illegal activities
Suicide within the first 12 months of cover
Divorce (spouses divorced at inception aren’t covered; cover for spouses who divorce during the term ceases immediately)
Premium Payment Rules
Grace Period
1 month grace for each premium after the first. Cover remains in force.
If two consecutive months’ premiums (including grace) remain unpaid, policy lapses.
Lapse & Reinstatement
- Lapse on two missed payments.
- Reinstatement allowed within two months of lapse; unexpired waiting period carries over.
Cooling-Off & Cancellation
Cooling-Off Period: 31 days from application receipt. Cancel in writing for full refund (less any risk/admin costs).
Post-cooling-off: Either party may cancel at any time after 31 days with 1 month’s written notice.