Funeral Cover

If you or a family member dies, FRANK pays.

  • Up to R75,000 tax-free payout.
  • Add your financially dependent family members.
  • Your two youngest children are free.
  • No waiting period for accidental deaths.
  • Additional funeral benefits.

Pay your final respects. Let FRANK pay the bill.

FRANK knows how important it is that you and your family are shown the due respect with a dignified funeral. With Family Funeral Cover from FRANK, you’ll get up to R75,000 cash paid out, so you can say goodbye without worrying about money.

WHO CAN BE COVERED?

You can get funeral cover for up to 22 family members, as long as they are financially dependent on you. This means the cover is available for you, your spouse, your parents and your in-laws, up to 8 children and up to 8 extended family members. Your two youngest children are free and will not be taken into account when calculating your premium. Bear in mind that we will require proof of the relationship and financial dependency of the extended family members when a claim is submitted.

WHO CAN BE A BENEFICIARY?

You must choose one beneficiary for your own life. When you die and in the event of a successful claim, we will pay your cover amount to that beneficiary. The premium payer on this policy cannot be your beneficiary.

You are the only beneficiary for all your family members covered under your policy. If any of these family members die, we will pay out the cover amount to you, in the event of a successful claim.

WHEN WILL THE COVER START?

The cover will start from the first of the month following receipt of the first monthly payment for each person covered. FRANK provides cover from the cover start date for death as a result of an accident and, after having this cover for six months, cover will be provided for death from natural causes.

HOW LONG DOES PAYMENT TAKE?

A consultant will guide you or your beneficiary through the claims process and request all the information that is necessary to assess the claim efficiently. We will usually pay out a valid claim within 48 hours of verifying all required claim documents. There is no waiting period for accidental death and a six-month waiting period for death due to natural causes, for example, a heart attack.

HOW MUCH COVER CAN EACH FAMILY MEMBER GET?
  • Your cover amount for your spouse and parents will be no more than R75,000.
  • The cover amount for your children and extended family members younger than 6 years old will be no more than 25% of your cover amount and won’t exceed R10,000.
  • The cover amount for your children and extended family members between 6 and 13 years old will be no more than 50% of your cover amount and won’t exceed R30,000.
  • The cover amount for your children and extended family members 14 years of age and older will be no more than your cover amount.

Note: these limits are subject to changes in legislation.

Important Stuff

BUT WAIT, THERE’S MORE.

FRANK has also arranged independent delivery of additional funeral support services for our customers, such as assistance with funeral arrangements. These services are at no cost to you. For access to these services, please call 0861 010 007.

NO BLOOD TESTS.

No blood tests or medical exams are needed to take out this cover.

TAKE A BREAK.

You can take one payment holiday, which is one skipped payment for every 12 consecutive payments made, provided that there was no claim during that period. You must notify us 30 days in advance if you wish to make use of your payment holiday.