FUNERAL COVER
Sirago Funeral Cover helps you to pay for your and your loved ones' funeral costs and any other outstanding expenses, bills, and accounts.
Get peace of mind for the future, should the unfortunate happen
With our funeral cover, your family will receive the benefit you choose, from R10 000 up to R30 000.
Whilst the benefit is designed to assist with the cost of your funeral and other final expenses, your family can use the money however they see fit. After all, funeral insurance is about securing peace of mind for you and your family.
Funeral cover benefits
Choose a level of cover that suits you.
Get paid a lump sum to your family from R10 000 up to R30 000 upon your death.
More control over your policy
Choose a payment frequency that works for you and your budget and list up to 5 different beneficiaries.
A quick payout to your family
Claims are usually paid within 1 business day of all completed documentation being received, so you can be sure your family has the financial help they need.
Guaranteed acceptance
If you are a South Africa citizen aged 18 to 65, you’re guaranteed acceptance. No medical screening, complicated paperwork or blood tests required.
Monthly premiums
Premiums are guaranteed for the first 12 months from the start date and are reviewable annually.
Helpful information
Waiting Periods
The waiting period for natural causes is 6 months for all lives covered.
A benefit will be paid out during the waiting period for accidental death causes only.
Exclusions
Suicide exclusion for the first 12 months from inception of cover.
Eligibility
You qualify for this policy if:
- You are a South African citizen
- You reside within the borders of South Africa
- Your dependants meet the definitions of the policy terms
- At the inception date of the policy your minimum age was older than 18 (eighteen) and your maximum age did not exceed 65 (sixty five) years. A child is considered as a child dependant up to the age of 21 (twenty one) years
Upper Age Limits
There are no upper age limits once cover is in force provided premiums continue to be paid.
Death Benefit
An amount equal to, but not exceeding, the benefit selected at the application stage will be paid if you pass away from either Natural Death or Accidental Death. For purposes of this benefit, a claim for Natural Death cannot be lodged within the first 6 (six) months from the inception date, unless there is proof that the Insured was covered on a similar policy with an alternate insurer in the 31 (thirty-one) days before the inception date and the waiting period had already expired and where this policy is a replacement policy for such similar policy with the alternate insurer. There is no waiting period for any accidental death.
The Benefit Amount payable will be based on the following:
- In the event of death, due to Accidental Death, the benefit will be a lump sum amount payable to the beneficiary noted on the policy
- In the event of death, due to Natural Death, after the initial waiting period, where applicable, the benefit will be a lump sum amount payable to the beneficiary noted on the policy
- In the event of death, due to Natural Death, during the initial waiting period, where applicable, no benefit will be paid
Claims Process
On the occurrence of a claim event, the policyholder or claimant must contact the Administrator on email: info@sirago.co.za or telephone: 010 599 1163 within 3 (three) months from the claim event date. The policyholder or claimant will have a further 6 (six) months in which to submit the required documentation for the claim to be assessed and finalised.
The following documentation will be required for submission:
- A duly completed claim form
- A certified copy of the DHA1663 – Registration of Death Form
- A certified copy of the deceased’s identity document
- A certified copy of the claimant’s identity document
- A certified copy of the claimant’s bank statement (not older than 3 (three months)
- A Police Report in the event of Accidental Death
- Any other documentation the insurer may require in order to validate the claim
Summary of policy terms and conditions
This is a summary of the benefits, for all terms, exclusions and conditions please refer to the policy wording or contact your broker.
This Product is a whole of Life Funeral Policy offering cover for Death. This Product is administered by Sirago Underwriting Managers (Pty) Ltd an Authorised Financial Services Provider (FSP:4710) and is underwritten by Guardrisk Life Limited, a licensed Life Insurer and Authorised Financial Service Provider (FSP:76).