Among the foremost funeral insurance policies of South Africa is the Metropolitan Funeral Cover, offered by an experienced and long established firm with an impeccable reputation – Metropolitan Life. The company’s Dream Builder Funeral Plan is one of the most thorough and flexible insurance policies on the market today, designed to give your family the quick cash they will need to see to your proper burial at a time when even a modest funeral can cost R6,000 or more.
The Metropolitan funeral cover includes five different levels of insurance coverage that you can choose from, including a policy that covers only yourself; another for yourself, your spouse or partner, and your children; a third which gives coverage only for your parents and parents-in-law or up to nine extended family members; a fourth for yourself and your parents and parents and law; and the last and largest type of policy, which includes you, your spouse/partner, your children, and all four parents of the insured couple and up to nine family members..
The amount of funeral benefits that the different plans pay range from R5,000 to R30,000, depending on your choice. As usual, the exact premium for a given plan is calculated based on both the benefits you want, and your current age.
As an extra point in their favor, the company is very up-front and informative about their premium rates, unlike some other companies which do not disclose their rates until you are actually making arrangements with their representatives. Charts on Metropolitan’s Dream Builder Funeral Plan webpage, as well as the insurance literature they provide to clients, show you exactly what you can expect to pay when you have certain plans at a certain age.
For example, if you want R10,000 coverage for yourself, your spouse, and your children, then the cost starts from around R49 monthly if you are younger than 54 years and from around R109 monthly if you are older. Basic single-person coverage can run as low as R22 a month, making this policy exceptionally accessible as well as both thorough and flexible.
Metropolitan funeral cover is dedicated to providing you with exactly what you need to ensure a proper burial for yourself and your family members, and is open to new enrolments from anyone between the ages of 18 and 65 – which is a larger range of ages than most competing policies. Payments on claims are made within a guaranteed 48 hours, as long as the correct proofs are presented, ensuring you speedy obsequies. No HIV or other medical tests are necessary to enroll, though the insurance representative will naturally ask you a few health-related questions.
With its excellent coverage, clear, affordable fee structure, and dedication to paying for your funeral quickly in the unfortunate event of your death, Metropolitan funeral cover is one of the finest funeral insurance policies that you can get to protect the financial stability of yourself and your family regardless of what happens.