A funeral plan is a type of insurance policy that pays out a specified amount to the family of the insured deceased in the event of death. The money can be used by the family to cover their expenses, reducing some financial difficulties during this stressful time.
What is it?
Why do you want it?
To protect you and your family, in the event of the death of an insured family member, from some of the financial burden and stress in that difficult time.
Funeral insurance works like most other insurance. You set the amount you would like to cover and then pay a monthly premium. You can normally add on as many beneficiaries as allowed by the policy.
Do you need it?
Yes, we suggest that everyone has funeral cover to protect their family in the event of a family death.
How much does it cost?
Funeral cover is a relatively small expense and can easily be added to the Employee Benefits package.
How can we help you?
Contact the attooh! Employee Benefits office for a group funeral cover quote.