Taking out funeral cover is one of the most caring things you can do for your loved ones. But even with the best intentions, little oversights can lead to big complications later on. The good news? Most of these mistakes are easy to avoid once you know what to look out for.

Here are some of the most common ones – and how MiFuneral helps you stay protected.

Waiting Too Long To Get Cover

Funeral cover can feel like something you can “sort out later” – especially when you’re young and healthy. But delaying your decision can make cover more expensive as you get older and, if you were to pass away without it, you could be burdening your loved ones with financial stress that could have been avoided.

Not Doing Your Homework Before Choosing

Not all funeral cover is created equal and some providers aren’t properly regulated, which can lead to stressful surprises when your family needs support most.

For the record, MiFuneral is offered by MiWayLife and every policy is underwritten by Sanlam Life Insurance Limited – one of South Africa’s most trusted and established long-term insurers.

Being Underinsured Without Realising It

When the focus is only on keeping monthly premiums as low as possible, it’s easy to end up with a payout that doesn’t fully cover funeral costs, leaving your loved ones scrambling to make up the shortfall themselves. Taking the time to understand what a funeral actually costs to ensure your cover amount really counts.

Not Looking For Better Benefits

The best funeral cover will provide more than just a payout. That’s why all MiFuneral policies include a Repatriation Service, which arranges and covers the transportation of your loved one’s remains back home. It also includes a Funeral Arrangements Service that helps guide your family through the process, offering support and assistance.

Giving Incorrect Information

Inaccurate information is one of the leading reasons claims are delayed or rejected. Details like personal information, insured lives and beneficiary nominations must be correct and regularly updated. Taking a few extra minutes to double-check your details helps protect your family’s ability to claim smoothly.

Letting Your Policy Lapse

Life gets busy, but missed premiums can have serious consequences. If payments aren’t made, the policy can lapse and eventually be cancelled – leaving you without cover when you need it most. Choosing an affordable premium and staying on top of your payment dates ensures your cover remains uninterrupted.

Assuming Your Family “Just Knows” What To Do

Many families only discover a policy exists after a death and are unsure how to claim or where the documents are. Always let your beneficiaries know your policy exists, where to find it and how to contact MiWayLife. A simple conversation today can make things much easier for them tomorrow.

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.