Life is full of nice-to-have things. Owning a dish washer is a nice-to-have. So is springing for the latest model smartphone. But it would only make sense to buy these things until you have all the essentials, right? When it comes to your finances, it’s much the same. The smartest choice you could make - even smarter than that new phone - is to ensure you’ve got all the must-haves.

One of them isn’t something we like to think about, but here are just a few reasons as to why funeral cover is an essential for all South Africans.

Funerals In South Africa Are Expensive

Funerals in South Africa can be surprisingly expensive and these costs can quickly escalate due to burial or cremation fees, transportation, catering, venue hire and a myriad of other expenses people often forget to factor in.

Without funeral cover, families often find themselves struggling to afford a dignified farewell for their loved ones, leading to added stress and anxiety. This can even result in arguments about who’s going to pay for what, causing division during a period where everyone should be brought closer together, not driven apart.

MiFuneral Makes Funeral Cover Affordable

Once you realise the high cost of having a funeral, but how simple and affordable funeral cover can be, you’ll realise it’s a savvy choice to want to protect your family financially.

MiFuneral is a digital-only solution that prides itself on being transparent and affordable. As you can buy it online with just a few clicks, you don’t have to pay a broker or extra admin feed. You can get the coverage you need at a price that suits your budget as YOU get to choose your cover amount. You can also choose if you’d like to cover just yourself or include your family members – all on one policy for one low monthly premium.

MiFuneral Gives You Big Benefits

The best funeral cover won’t just provide a payout – it’ll offer included benefits designed to support your family and MiFuneral Policy does exactly that. Better yet, you get to choose additional benefits that include extra cover to help you meet other end-of-life expenses. You’ll also have access to our complimentary Funeral Arrangement Service offering telephonic support to help you understand the application process for all the paperwork and a Repatriation Service benefit that provides assistance with air or road transportation of your loved one’s remains as well as ashes after cremation.

Funeral Cover Enhances Your Life Insurance Payout

If you have life insurance, you’ll know it pays out a lump sum in the event of your passing. But don’t burden your beneficiaries with having to use that amount to give you a dignified farewell. With a separate funeral cover product like MiFuneral, your loved ones will receive what they need to say goodbye without having to dip into the funds they receive from their life insurance payout.

Want the best of both? If you have a life insurance policy with MiWayLife, it will include a funeral benefit that pays out 10% of your cover amount (capped at R50 000) to cover all funeral related costs. This is separate to your life insurance cover and won’t reduce it in any way, allowing your life insurance policy to serve its intended purpose - providing financial stability and support to your family after you're gone. However, if you have a MiWayLife life insurance policy and want to purchase a MiFuneral policy to bolster your funeral coverage, you can do exactly that.

The Bottom Line

Funeral cover is not a luxury but a necessity for every South African. It provides financial protection, peace of mind, and ensures that your family can give you a dignified farewell without the added stress of financial worries. Why not get a quick quote from MiFuneral today?

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.