Liberty Funeral Cover
Liberty offers various offers on the funeral cover, so you can arrange a proper memorial service and burial/cremation for the one you love. It is never easy planning a service, but it can help if the finances is not an issue.
This company offers you four basic types of plans:
- Burial planStart at a small amount of R43 per month. You will receive up to R30 000 each of the following for your spouse, 1-8 children, parents (only 4) and <8 extended family members.
- ComprehensiveThis is a more complex offer. You will have second accidental death cover for each person on this plan. If you reach the age of 65 and all premiums are up to date, you will be covered for the rest of your remaining years without settling a single premium, also if you should die before that age, the cover will continue for the remaining insured people until the time you would have turned 65.With this cover, you have an education benefit option as well, so if you want a brighter future for your children, you can add this benefit. This option only pays out if the primary policyholder die and the funds will be given out directly to the school/university/college account.
After every five years, Liberty will give you five months worth cash back.
- Extended familyThis is a cover option that you can add for as little as R37 per month for up to 4 extended family members (payout between R5 000 to R40 000).
- ParentFor as little as R75 per month you can add your parents and your in-laws to your funeral plan.