Don’t underestimate the importance of preserving your precious family traditions with life insurance and funeral cover you can trust.
Heritage Day is a time for all South Africans to celebrate diverse cultures and rich traditions. Perhaps you’ll use the holiday to gather up the family for a braai. Maybe you have a special dinner planned with all your favourite foods, including that special dish your Gogo has made for decades. Either way, every family has their own way of enjoying a special holiday. However, if you’d like to ensure your traditions are passed down to the next generation, financial planning is a must.
How life insurance can protect your traditions
Life is precious and unpredictable. The unexpected loss of a loved one, especially a breadwinner, can mean a loss of income along with an expensive funeral. This can make it difficult to keep up with day-to-day living expenses, let alone uphold beloved customs. Fortunately, life insurance and funeral cover are two financial tools that can help protect your family as well as your special traditions.
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Life insurance acts as a financial safety net, providing a lump sum payout to your beneficiaries in the event of your passing. This payout can be used to cover immediate expenses like funeral costs, as well as ongoing financial needs like paying off your bond or school fees. By ensuring your family's financial stability, life insurance allows them to continue honouring your family's traditions.
If you have a life insurance policy with MiWayLife, it will include a funeral cover benefit. You can even get funeral cover for your extended family members, all for one premium! Just bear in mind that this cover amount will be 10% of your life cover amount and capped at R50 000.
MiFuneral is another way to give your loved ones a farewell
If you already have life cover or are only looking for funeral cover, you’ll want to know about MiFuneral, our new fully-digital funeral policy you can buy online. As you get to choose how much cover you need, you can expect an affordable premium, You can even tailor your benefits to include assistance with end-of-life expenses and decide on a lump sum or monthly income payout to protect your family's future.
More reasons to choose MiFuneral? All policyholders receive complimentary Funeral Arrangement Service - telephonic support that can guide you through any complicated legal processes and even arrange accommodation for family members travelling from out of town. This includes a Repatriation Service that arranges the transportation of your loved ones’ remains or ashes to a funeral parlour near their residence if they pass away more than 100km from home.
The bottom line
At MiWayLife, we understand the importance of protecting your family's heritage with easy to understand products designed to provide you with financial security as well as full peace of mind. Let us help you create a legacy of love and ensure that your family special traditions continue to thrive for generations to come.
Did you know:
You can now take out life cover with us online in a few simple steps. No calls and no agents! Make sure to take care of those you love today by buying MiWayLife cover online.