What are the main benefits of Cashback Funeral Cover?
You decide on cover levels – with Cashback Funeral Cover, you choose who you want to cover and at what level.
Accident benefit – if you pass away from an unnatural cause such as a car accident, we will pay a double pay-out.
Breadwinner benefit – in the event the insured dies, the insured’s spouse, parents and children will remain covered under an AVBOB policy without having to undergo a medical examination.This is only applicable if the insured pays his own premiums.
Children’s benefit – add as many of your children (your own children, step children or legally adopted children) as you want and only pay for one.
Extended family benefit – up to 6 family members can be added including brothers, sisters, grandparents, foster children, grandchildren, even a second spouse.
Parent benefit – if you have a Cashback funeral policy, you can cover your parents too. If you add your spouse on the same policy, then your spouse’s parents can also receive cover.
Spouse benefit – your spouse can be covered under a separate benefit.
Immediate coverage – when an accidental death occurs, we pay out within 48 hours after receiving the claim documents.
Easy payment options – you can pay in cash, bank debit order or stop order.