5 reasons to love your funeral policy

7 February 2023
1 minute read
family hugging in kitchen

You love your 1Life Insurance funeral policy because it ensures you and your family members can have a respectable funeral, without the stress of worrying about the costs! But there are many more reasons to fall in love with your policy this February.

1. Pays qualifying claims quickly

When the undertaker or funeral parlour needs to be paid, they need to be paid! 1Life Insurance uses automated processing, which ensures 75% of qualifying claims are paid in less than 5 minutes!

2. Comes with benefits

Your 1Life Insurance funeral policy includes great benefits such as grocery and memorial benefits to the value of R16 000. Your policy also includes a repatriation service, to help with the cost of moving the deceased from the place of death, within South Africa. In addition, 1Life Insurance funeral policies include a premium waiver that ensures the premiums will be paid for up to two years if the main member passes.

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3. Teaches you and your family financial responsibility

1Life Insurance knows how important financial responsibility is, and that the world of money can be confusing. All our policyholders have access to a free financial education course from Truth About Money, a 1Life initiative to help you learn more about how to manage money well and how to build your generational wealth!

4. Simple but smart

Your 1Life Insurance policy is easy to take out, manage and understand. There are no complicated clauses, terms and conditions. That doesn’t mean it won’t suit you and your individual circumstances, 1Life Insurance policies are flexible, allow you to change your sum assured and add or remove members, when you need to!

5. Easy to manage and update

You can take out and manage your policy online in your own time. Our digital channels, policyholder service portal and WhatsApp service centre, are always available. You can make changes to your policy online, such as adding and removing members, changing the beneficiary, and updating banking details.

1Life Insurance is South Africa’s #1 direct life insurer. Our goal is to make insurance affordable and accessible, and help South Africans take care of their loved ones! Your 1Life Insurance funeral cover policy helps your family cope financially with funeral expenses, easing the financial burden of death. It shows your love and respect for your family, and is one of the best gifts you can give. And who doesn’t love a gift?

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