They say age is just a number, but If you're over 65 and haven't yet secured a funeral plan, you might be wondering if it's still possible. The good news is that yes, you can get funeral cover after the age of 65 in South Africa. Still, it’s important to understand that your options might be more limited and come with certain conditions.

Why Is It Harder To Get Funeral Cover After 65?

Insurance is all about risk assessment. Statistically, the risk of death increases as we age. This means insurance providers see older individuals as higher risk, leading to potentially higher premiums and lower cover amounts. This is why it’s a good idea to get a funeral policy sooner rather than later, so you can enjoy lower premiums.

What Are MiFuneral’s Age Limits?

If you wanted to buy funeral cover from MiFuneral, our new digital-first funeral policy that’s easy to buy online, you’d have to purchase it before the age of 65. If you’d like to add your spouse as a life insured to your policy, they’d have to be under 65 too. However, if you wanted to add your parents, they can be as old as 85 and any extended family members, such as your siblings, cousins, grandparents, in-laws, uncles or aunts would have to be 70 or younger.

Aside from age registrations, MiFuneral also has limitations on how much coverage your family and extended family members would qualify for. As the policyholder, your maximum funeral benefit would be R100 000 and the same goes for your spouse. Your parents’ maximum funeral benefit amount would be R50 000 and any extended family members would be capped at R50 000, subject to the legal limits for children.

So, in short, if you were 74 and wanted funeral coverage from MiFuneral, you could get it, provided a younger relative, such as your child, was the main life insured and included you on their policy as an additional life insured.

Why choose MiFuneral?

With MiFuneral, you get to select your cover amount, so you’ll enjoy an affordable premium. You can even customise your policy further with additional optional benefits. These include extra cover to help you meet other end-of-life expenses and you get to decide how you’d like it to be paid – as a lump sum or as a short-term monthly income.

All MiFuneral policyholders will have access to our complimentary Funeral Arrangement Service. Our agents will be on hand to offer telephonic support to help you navigate funeral-related legal documents including the application process for death certificates. This service also includes a Repatriation Benefit that will provide air or road transportation of your loved one’s remains to a funeral parlour near their residence if they pass away more than 100km away from home and can also assist with the transportation of ashes after cremation.

Peace Of Mind At Any Age

Planning for your funeral is a responsible way to protect your loved ones from financial burdens during a difficult time. Even after 65, you still have options to secure the cover you need. By doing your research, you can make an informed decision and ensure your final farewell is handled with dignity and respect.

Did You Know:

You can now take out affordable funeral cover with us online in a few simple steps. No calls and no agents! Discover the digital way to enjoy full peace of mind by buying a MiFuneral Policy cover online.