Funeral Plan - New Year New Plan
Date posted: 13 Jan 2016
The festive season is over and after all the presents have been given, feasts have been eaten and resolutions made – it’s time to think ahead and plan 2016.
We probably spent many hours and a good deal of money deciding on the best gifts for the people we care about. While your family may have squealed with delight when they got their perfect gift; by the following year all will be forgotten. So to start the year on the right foot how about adding a gift that will last until you die and give your family your total peace of mind?
Before you roll your eyes at the following suggestion, just keep reading. One of the most unexpected and expensive costs we face in our lifetimes is the death of a family member. Not having the cash to pay for the funeral adds enormously to the stress of the situation. By having a funeral plan in place you or your family will receive cash in less than 48 hours to take care of the immediate expenses. Even a modest funeral can cost over R10, 000 and some can cost in excess of R50, 000. If you die suddenly will you be leaving your family with this huge bill?
If the answer is yes then you need to do something about it. If you spent R500 on gifts in December that would have equalled around 5 months of premiums - depending on the plan you choose. Many people spend R500 per month on fast food and drinks - so the excuse that it is not affordable does not hold water. A Hollard funeral plan can costs as little as R75 per month and you can also add family members to the plan for a small additional fee.
If you have a domestic worker like a gardener, nanny, or housekeeper how about including a funeral plan for them as part of their annual increase? If you decide to do this, make sure they get a copy of the policy and remind them to tell a trusted relative that it is place. Millions of rands worth of policies are unclaimed each year.
Even if you have life cover in place, it can take many weeks to get cash paid out. A funeral plan will ensure that you or your family has cash when you most need it. It may not be the most exciting of gifts but adding it to your list will give real and lasting benefits to the people you love.
The Hollard Insurance Company. Ltd (Reg No 1952/003004/06) is an authorised Financial Services Provider