Nothing can really prepare one for the immense sense of loss and trauma when a loved one dies. Yet important and potentially costly decisions about the pending funerals have to be taken then; when those who are left behind are least equipped to do that. This becomes even more traumatic when the funds are not available to afford a decent burial.
The Cura Funeral Benefit Plan ensures that funeral costs do not become a burden to the family during times of loss. We bring you peace of mind with funeral cover for the whole family.
What are the benefits covered by this policy?
| Life assured plan | Total Benefit |
|---|---|
| Principal member | R18 000 |
| Spouse | R18 000 |
| Child aged 14 to 21 | R8 500 |
| Child aged 7 to 13 | R4 500 |
| Child aged 0 to 6 | R3 500 |
| Stillbirth | R1 000 |
| A double benefit is paid out in cases of accidental death | |
Waiting periods:
- A 6 months’ general waiting period applies. During this period no benefits will be paid out for any death due to natural causes
- A 1 month waiting period applies for accidental death, excluding suicide. On condition that the first premium had been paid, a one month waiting period only will be enforced, and the benefit will be a double payment
- A 24 months’ waiting period applies in cases of suicide
- A 12 months’ waiting period applies for pre-existing illnesses and opportunistic diseases caused as a direct result of HIV / Aids.
Maximum Entry Age:
Maximum entry age is 64 at the applicant’s last birthday.
Children are covered until they reach the age of 21. They then have the option to take out their own policies without new waiting periods. This age may be extended to the age of 25 in respect of an unmarried child who is a full-time student.
Premium:
| Entry Age | Monthly Premium |
|---|---|
| 64 or younger | R92.00 per month |
| 65+ (only existing members) | R150.00 per month |
Premiums (incl. VAT) are for a family, or a single person.
Terms and conditions apply in terms of exclusions and claim procedures.
