You might be surprised to know that a funeral policy can be taken out up to the age of 75, which means pensioners can get funeral cover too. But many funeral plan options allow you to extend your own cover to include a parent, parent-in-law or partner in the event of their death.
While we all hope for a dignified funeral, nobody wants to burden their loved ones with high funeral costs. Pensioners’ funeral cover is a good way of preventing the children of the insured from being left to bear the brunt of these costs. With a good pensioners’ funeral policy, you’ll protect your children against this incurring debt. Plus, you’ll safeguard their inheritance so that potentially high ceremony costs don’t draw from the inheritance money you’ve intended for them.
Funeral cover is also especially important for retired couples. The loss of a spouse is difficult to prepare for, it’s important to have peace of mind that the person left behind is not left to deal with unexpected and costly funeral expenses. It’s worth exploring further funeral benefits for pensioners, such as a grocery plan, which offers additional protection for seniors at a financially vulnerable time of life.
Whether it’s for a partner, a parent or a parent-in-law, it’s essential to ensure that the loved ones in our lives are properly covered as they grow old. This is true not only for their benefit but also for younger generations who shouldn’t be left with the financial burden of the past.
Hollard Funeral offers quality funeral insurance in South Africa, including a comprehensive memorial benefit. Not sure which level of funeral cover you need? Either read more about our funeral cover, or give us your details and we’ll call you back to help you choose an appropriate level of cover for your specific needs.
