Reg No IT 10502/97®
  

About the Society Scheme

Print Friendly

Last update: July 5, 2014 at 22:25 pm

The Society Funeral Assistance Cash Plan is perfect for a community where 10 or 6 unrelated persons can be listed on one application form, the advantage is that there is a single premium per application form, related to the cover amount selected by the main member.
The premium is charged per application form and not per listed nominated member

9 or 5 listed members are captured as a nominated member.
Each listed nominated member will be covered as per the cover amount selected by the main / principal member

Approval age is from 18 years and not to exceed 75 years
You can select 1 of our 3 underwriters: Liberty Life / Capital Alliance or Safrican or Sanlam


Premiums

The premium is charged per application form and not as per listed member.
It is your benefit to list 10 members on one application.


Members

If a nominated member is deceased or cancelled that person can be replaced by a new nominated member which shall be subject to 6 months waiting period.

If a Principal member is deceased or cancelled it must be replaced by a nominated member listed in the same list r replaced by a new principal member subject to 6 months waiting period

Approval

Approved and supported by the government of the republic of South Africa