How much is FNB funeral cover per month?
You and your spouse
Cover Amount | Main Member | Spouse |
---|---|---|
Entry Age: 18 – 64 | ||
R40 000 | R85 | R65 |
R50 000 | R105 | R85 |
R60 000 | R125 | R105 |
How long does it take for FNB funeral cover to lapse?
If you are in arrears (missed a premium payment), we will debit your account with up to two premiums every month until you are no longer in arrears. Your Plan will lapse when you are four premiums in arrears, and we are unable to collect a premium 30 days after the last unpaid premium.
How much does FNB Life cover payout?
Get life cover from R200 000 to R100 million
The life cover benefit pays out a 100% cash lump sum on the death of the insured employee. It includes a terminal illness benefit that pays out a 100% cash lump sum if they are diagnosed with a terminal illness and have less than 12 months to live.
Do you get your money back if you cancel a funeral policy?
Cancel your life insurance or funeral policy and you won’t get any money back, including the premiums you paid. This is because insurance policies are risk products, not savings and investments products, and don’t have a cash value.
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