How much is Standard Bank funeral cover per month?
R236 for R30 000 cover. R368 for R50 000 cover. R96 or R142 a person for up to 8 family members.
How do I claim my funeral policy at Standard Bank?
Submission of Claims
A claim must be submitted within 12 months of the death of the Life Assured. You can claim by: Phoning our Funeral Plan Claims Helpline on 0860 123 999; or. Contacting your nearest Standard Bank branch.
How long does it take for a funeral policy to lapse?
5 The Funeral Cover Plan will terminate 6 (six) months after Your death or when the last Life Assured dies, whichever occurs first.
How does a funeral policy work?
How does funeral cover work? Funeral cover is a type of insurance that pays out a lump sum benefit to help cover the costs of a funeral. The benefit is paid to the nominated beneficiary (usually a family member) upon the policyholder’s, or a covered family member’s, death, to help with funeral expenses.
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