How much is funeral cover at Old Mutual?
With cover starting from R10 000 to R70 000, and monthly premiums from R37*, the EasiPlus Funeral Plan makes taking care of funeral expenses affordable. Get a quote and buy online now!
How does the Old Mutual funeral cover work?
Funeral cover is an insurance policy where you pay a monthly premium, and it pays out a single amount when you (or a family member covered in the policy) dies. The amount paid out can be used towards expenses like a coffin, tombstone, and catering.
Is there a waiting period for funeral cover?
Funeral insurance policies typically have waiting periods during which time you cannot claim for deaths arising from: Natural causes – deaths from age or illness – which can be anything from six to 12 months from the time the policy is active. Suicide – which can be anything up to 24 months.
How long does Old Mutual Life cover take to pay out?
The standard timeline we communicate to customers is 15 working days. Generally most claims take far less time to process. This is to manage expectations as various scenarios could cause delays in processing and payment. Depending on the claim, it can also take up to 60 days also depending on requirements.
old mutual funeral cover
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