How much does Nedbank pay for funeral cover?
Depending on the options you choose when you take out your policy, your beneficiaries could get a monthly income of up to R2 500 for three, six, nine or twelve months on your death.
What are the death benefits of Nedbank?
Accidental death cover of up to R3 million with up to 10 beneficiaries. No waiting period. Funeral cover of up to R75,000 for the main member, one spouse, three children and four parents. Grocery benefit of up to R5,000 with no waiting period for accidental death and 6-months waiting period for natural death.
What is the age limit for Nedbank life cover?
You must be a South African resident over the age of 18 and under 65 years old. You can take up MyCover Life with us if you’re employed on a permanent or fixed term contract, self-employed or a pensioner. All dependents must have a valid South African citizens Identity document.
Which funeral cover has 3 months waiting period?
Metropolitan has a couple of exclusions that you need to know when you accept their funeral cover policy. These exclusions include the following: A 3-month waiting period for cover to be successful under the terms of your policy. Within this your premiums must have been fully paid up and on time.
nedbank funeral cover
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