Does PSA have funeral benefit?
PSA Funeral Assistance
The PSA renders financial assistance with funeral costs in the event of a member’s death. The provision amounts to R4 500 per member and is granted on an ex-gratia basis, that is, as long as the funds are available.
What is R100 000 funeral cover?
By law, an insurer can only pay out a maximum of R100 000 per life on a funeral policy. So as long as the overall cover limit is R100 000 or less, both will pay out in the event of a valid claim.
What is the best funeral cover in SA?
Some of the best affordable funeral cover options in South Africa:
- Capitec funeral cover.
- Clientele funeral cover.
- FNB funeral cover.
- Hollard funeral cover.
- Meerkat funeral cover.
- Metropolitam funeral cover.
- Old Mutual funeral cover.
- Outsurance funeral cover.
What is the maximum funeral payment?
Funeral cover is capped at R100 000.
psa funeral cover
Leave a Reply