As life expectancy rises and people are living longer and more active lives, it is important to consider the potential costs of funerals and how to cover them. One way to do this is to take out a funeral policy, like those provided by Old Mutual, that will ensure that your wishes are carried out and the financial burden is taken care of.
A funeral policy from Old Mutual covers both burial and cremation services. It also gives you the peace of mind that your family won’t have to worry about covering the costs when you pass away. In addition, the policy has a number of other benefits, such as 24/7 call centre support, nationwide coverage and free will services.
In terms of the cover you receive from Old Mutual, the policy is designed to provide financial protection against funeral expenses. With this policy, there is no medical underwriting and you can decide on the sum assured when taking out the policy. There is also the option of a ‘family package’ that provides cover for both yourself and your partner should either of you pass away.
There are a number of other advantages to having a funeral policy from Old Mutual to cover your funeral expenses. For instance, you can be assured that their funeral policies take into account inflation, so the cover you choose now should be enough to cover the costs of the funeral in the future. Additionally, there is the option to add additional beneficiaries to the policy, so that your loved ones are protected should anything happen to you or them.
Finally, Old Mutual also offers a range of other services, including counselling, death notifications and assistance with documents and certificate acquisition. These are all designed to support you throughout this difficult time.
All in all, taking out a funeral policy with Old Mutual is a smart way to ensure that you and your loved ones are financially secure when it comes to funeral expenses. With a range of benefits and trust in a reputable insurer, it is a sensible choice for those looking for peace of mind and comfort in knowing that their wishes will be taken care of.