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How MiFuneral Helps Families Deal with Immediate Costs
How MiFuneral Helps Families Deal with Immediate Costs
25 Feb 2025

Final expenses can extend far beyond a funeral, but with the right policy, you can provide your loved ones with financial protection.

Losing a loved one is never easy but in the midst of grief, there’s an unexpected challenge – the financial burden that follows. From medical bills to funeral arrangements, these immediate costs will add stress to an already difficult time. That’s where MiFuneral comes in, providing families with much-needed financial support that eases the transition and allows them to focus on what truly matters honouring their loved one.

What is MiFuneral?

MiFuneral is more than just a funeral policy – it’s a modern, digital-first approach to end of life planning. You can buy it online within minutes and, as don’t have to pay for a broker or administration fees, you get to enjoy a more affordable premium. You also get to select your cover amount and can choose to cover yourself, your immediate family, or even extended family members.

Every MiFuneral policy includes our complimentary Funeral Arrangements Service, providing you with telephonic support and a Repatriation Service that can help you bring your loved one home, providing assistance with air or road transportation of ashes or remains. Still, the assistance we can offer goes beyond simply paying for the cost of the funeral itself as we offer all our policyholders the option to add extra benefits to their policy; Final Expenses Cover and Income Support Cover.
 
What is MiFuneral’s Final Expenses Benefit?

MiFuneral knows that, aside from being able to afford a dignified farewell, there are often other expenses to consider when you lose a loved one. This is why every policy holder has the option to choose an additional Final Expenses Cover. It is designed to provide a quick, seamless lump sum payout of R50 000, ensuring that families have the funds they need without unnecessary delays or complications.

This benefit is intended to cover costs such as medical bills, hospital fees and all the other expenses that come with losing someone you love that aren’t directly related to their funeral. With immediate financial assistance, families don’t have to scramble for funds or rely on loans.

What is MiFuneral’s Income Support Cover?

Beyond covering funeral costs, MiFuneral understands the impact of losing a breadwinner. The sudden loss of income comes with a slew of financial anxieties, such as the inability to cover basic needs like rent, groceries, petrol and school fees. This is why we’ve created another optional benefit, Income Support Cover. It provides your family with a monthly income for 12 months after your passing. You get to choose the amount and it can go a long way towards helping your loved ones adjust to their new normal without having to worry about how they’ll pay the bills.

The Bottom Line

In life, we prepare for so much, but often, we don’t think about preparing for loss. MiFuneral is proud to be changing that by with an affordable, flexible funeral policy that can cover final expenses as well as offer income support. This way, we can help ensure no family is left struggling in the wake of a loved one’s passing. Because at the end of the day, what truly matters isn’t the stress of who’s going to pay for what, but celebrating a life and cherishing the memories that remain.

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.

Need more information on MiWayLife? Read about our life insurance product, or get a life insurance quote in 30 seconds. Alternatively, call us on 0860 64 54 33 .
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Terms and conditions apply. Eligibility, cover and benefits are determined on individual risk profile. MiWayLife is an authorised FSP (No. 45741) and its product offering is underwritten by Sanlam Life Insurance Limited, a registered long-term insurer. MiWayLife is a division of Sanlam Life Insurance Limited - Reg No. 1998/021121/06