Product Overview Series – Extended Family Funeral Cover

Product: The purpose of this benefit is to provide a lump sum payment to assist with the funeral costs in the event of the death of an extended family member.

Please note that the extended family funeral benefit is offered on a case by case basis assessed by our insurers.  

Particulars:

  • Capital Alliance – parents or parents-in-law of the main member, a sibling of the main member or a relative of the main member through blood or marriage, who is financially dependent upon the main member for the payment of such relative’s funeral costs.
  • Hollard – parents or parents-in-law (financial dependence has no bearing on cover).
  • Old Mutual – offered on a case by case basis
  • Sanlam – additional spouse/s, parents and parents-in-law, children (other than qualifying children) who are financially dependent upon the main member, any other person, including brothers, sisters, uncles, aunts, nephews and nieces, who are financially dependent on the main member.

Financial dependence means that the extended family member depends on the main member’s income and/or salary for survival. This is important to disclose and if not disclosed it could result in the claim being rejected.

For all insurers, extended family members need to be on cover for a minimum of six months before a claim can be considered.

Full details of each extended family member (full name, ID/DoB, gender and the relationship to the main member) are required on a monthly basis.

Current maximums:

  • Capital Alliance – May not exceed the amount stipulated for the main member.
  • Hollard – R 5,000.00
  • Sanlam – May not exceed the amount stipulated for the main member.

Maximum entry age for Capital Alliance, Hollard and Sanlam  – Age 74.

Maximum exit age for Capital Alliance, Hollard and Sanlam – No maximum exit age for extended family members, whilst main member is insured.

Thank you and regards,
The TSA Team

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All information provided is intended to inform and explain, but please remember to always check the current terms on policies when considering options and advising clients.

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