At some stage, taking care of our parents will enter the picture. Furthermore, being able to give them a dignified send-off will be something to consider as our parent's age.
What does your family need?
South Africa boasts an array of families that extend beyond the nuclear family. Some people may even find themselves already living with their parents or taking care of their financial needs. However, when it comes to creating a financial safety net in the form of a funeral policy that is created to shoulder the costs of a funeral, it is crucial to think of what your parents need. We all want our funerals to be carried out in a specific way. Therefore, having the conversation with our parents while it is still early to figure out what is needed to carry out a dignified send-off can help when it comes to finding the right funeral plan that matches your family needs.
Understanding the costs of funerals
Navigating your way through finding a funeral cover that not only covers your parents but extended family members under one premium is something to also take into consideration. Depending on the type of funeral rites that you and your family carry out, you could be looking at funeral costs that can cost between R5,000 - R100,000 or more. Without a funeral plan in place, shouldering the costs of a funeral can be an expense that becomes a financial strain for many.
Furthermore, dealing with the financial stress during such a sensitive time is the last thing anyone should deal with. This is why understanding your parent’s funeral needs and researching the costs that come with it can help you find a policy that will match your needs.
Giving your parents a dignified funeral
Your family is different from the next which means your funeral needs will also differ. While speaking about death and how we can find interesting ways to get buried is a topic that some of us will rather discuss at a later stage, it is beneficial to have the conversation while our parents are still healthy. MiWayLife offers funeral cover that can cover you, your parents, children, parent's in law and extended family members under one premium so that no one gets left behind. Always keep in mind what your family needs when looking for a policy to ensure that you get the best value for you and your family.
