Protecting your family's future means planning for the unexpected and buying funeral cover is a smart way to do it.
Taking care of your family means planning for the unexpected, even the tough stuff. Funeral cover is like a safety net for your loved ones, helping them with funeral costs and living expenses if something happens to you. That way, they can focus on remembering and celebrating your life, not worrying about money.
Why having a funeral policy is a must for those with families
Nobody likes to overthink what would happen if they had to pass away, but you must if you're the family breadwinner. As a start, if you didn't have funeral cover, your loved ones would be left to foot the bill. This means they'd have to dip into their savings and possibly even go into debt. Many don't realise that your bank accounts are frozen when you die. Your family wouldn't be able to access any of your own money to pay for the cost of a funeral - or anything else - until your estate is wound up, something that can take many months, sometimes even years.
Funeral costs aside, they'd also suddenly be burdened with the stress of having to pay for all the things you used to cover. From electricity and groceries to school fees and medical aid premiums, these daily bills immediately become a big source of anxiety. This is why you'll want to have funeral cover. The payout won't just cover the cost of your funeral but can go towards helping them find their new normal.
Why MiFuneral is an excellent choice for your family
Right! Enough doom and gloom. Let's talk about a great solution. MiFuneral is a digital-only funeral policy that's affordable, flexible and easy to buy online. You can choose to cover yourself and extended family members with just a single policy. As you select your cover amount, you can enjoy an affordable premium and customise your policy further with additional optional benefits. These include extra cover to help you meet other end-of-life expenses.
Another of MiFuneral's optional benefits that can be invaluable to families is our Income Support Cover Benefit. You can select the monthly income you want your beneficiaries to receive, and it's paid out for 12 months after an approved claim. This way, your family will receive a year's financial support.
MiFuneral policy's big benefits don't stop there
Optional benefits aside, all MiFuneral policies feature built-in benefits, one being access to our complimentary Funeral Arrangement Service. Our agents will be on hand to offer telephonic support to help you navigate funeral-related legal documents including the application process for death certificates. They can also connect you to trusted service providers and even arrange overnight accommodation for immediate out-of-town family members travelling to attend the funeral.
This service also includes a Repatriation Benefit that will provide air or road transportation of your loved one's remains to a funeral parlour near their residence if they pass away more than 100km from home and can assist with transporting ashes after cremation.
Things to know about MiFuneral Policy for families
With MiFuneral, you can cover the whole family and up to 12 extended family members can be covered as additional insured lives under the policy. If you're the policyholder, these are the family members you could include:
With MiFuneral, we don't just have you covered – we cover everyone you love!
The Bottom Line
Funerals are expensive, but the financial implications of passing away extend far beyond the cost of a dignified farewell. This is why buying funeral cover is a savvy move for anyone. However, if you've got a family, it becomes even more important. So, why not get a quick quote from MiFuneral today and see how easy and affordable it is to get maximum peace of mind – not just for yourself, but for your entire family?
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.