Reasons to Choose AVBOB Group Cover
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You decide the cover amount for each person on your group scheme. Get the amount of cover you need without breaking the bank. Group scheme premiums are very affordable compared to individual policies.
With AVBOB, you get some free funeral services. Group scheme members enjoy a 15% discount on the cost of all other funeral services.
AVBOB can arrange catering / INKOMO at an additional cost. This cost will be deducted from the cash payout. 15% discount applies to the catering service.
There are no waiting periods for accidental death. You will be covered from the first premium. There will be a six month waiting period for natural causes. This is because there are no medicals required to join.
You can cover as many of your own children as you want. You only pay for the first child, the rest will be covered FREE!
Once all the claim documents are submit, payouts occur within 48 hours.
Acceptance guaranteed. No health questions or blood tests are required for funeral insurance.
When it’s time to log a claim, the beneficiary can choose cash only or cash with benefits. AVBOB can arrange the funeral on your behalf. This is very easy and effective. All remaining money will still go to the family. You chose the services you need.
AVBOB will transport the deceased anywhere in South African borders. This is included in the free policy benefits.
AVBOB offers a wide range of additional services including, catering at home or church, family cars, Inkomo, fresh flowers, etc.
With around 200 branches all over South Africa, you can rest assured there is a branch near you. You do not have to look very far to find your nearest AVBOB branch.
AVBOB Group Funeral Scheme Explained
AVBOB Group Funeral Cover
On this page, we will look at AVBOB Group Funeral Cover! Before we start, in order to qualify for an AVBOB group policy, you’ll need a minimum of 20 members. However, your group can even consist of thousands of members. We accommodate all group sizes.
Firstly, at InShoor, we firmly believe that AVBOB group policies are highly effective because they offer a full funeral solution. With over 100 years of experience, AVBOB understands the importance of providing a worthy memorial for your group members and their loved ones. As one of the largest dedicated funeral service providers in South Africa, AVBOB has gained a well-deserved reputation.
Secondly, when it comes to a claim, the last thing you want is hassle. AVBOB recognizes this and ensures that all valid claims are processed within 48 hours. Whether you have a group scheme or an individual policy, AVBOB offers a wide range of funeral arrangements and services to meet your needs.
Now, let’s delve into the differences between a standard policy and a group scheme:
Standard Policy:
- Designed for individuals or small families
- Covers funeral expenses for a single person or a limited number of family members
- Provides financial assistance to cover funeral costs
- Offers options for burial or cremation, coffin or urn selection, and related services
- Ensures peace of mind by alleviating the financial burden on the family during a difficult time
- A standard policy is more expensive
- Comes with a few extra benefits
AVBOB Group Funeral Scheme:
- Intended for larger groups with a minimum of 20 members
- Extends coverage to a broader network of individuals, such as employees, members of organizations, or community groups
- Offers a complete funeral solution for the entire group, ensuring consistent benefits for all members
- Simplifies the funeral arrangement process by centralizing services and streamlining communication
- Provides financial protection and support to the group, ensuring that every member receives a dignified farewell
- An AVBOB Group Funeral Cover will cost less per member
- Members get up to 15% discount on a funeral
Why is it Important to Own a Funeral Plan?
In this section, we will look at some of the reason you need a group funeral cover. It’s important to understand the advantages. For example, a company can take out a groups funeral plan to make sure money is available if a employee pass away. It prevents the employee’s family from claiming funds from the company. This is just one of the many advantages. Look at the section below to discover more.
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Financial Security:
As you may know, funeral expenses can be a significant financial burden, especially during an already challenging time. In other words, having a funeral plan in place ensures that your loved ones are not burdened with the financial responsibility of arranging a funeral.
·        Peace of Mind:
Knowing that your funeral expenses are covered brings peace of mind to both you and group’s family members. It allows the family to focus on other aspects of grieving and honoring the life of the deceased without worrying about financial constraints.
·        Convenience and Ease:
A funeral plan simplifies the entire process of arranging a funeral. Additionally, it provides a complete solution. You can get services such as burial or cremation, transportation, caskets or urns, flowers, and other necessary services. This convenience relieves the family members from the stress of making numerous arrangements during an emotionally challenging time.
·        Customizable Coverage:
Group Funeral plans offer the flexibility to tailor the coverage to your specific needs. In short, you can choose the level of coverage and the services you require. This means that your funeral plan meets your unique preferences and budget.
·        Support for Loved Ones:
Having a funeral plan in place shows your group members that you care about their well-being. It provides them with the necessary resources and support to organize a meaningful and respectful farewell.
·        Price Protection:
Funeral costs tend to rise over time. By purchasing a AVBOB group funeral plan now, you can lock in today’s prices and protect your group members from future price increases.
·        Family Unity:
A funeral plan brings families together during difficult times. It allows them to make important decisions collectively, fostering unity and cooperation.
·        Respectful Farewell:
Owning a funeral plan ensures that you receive a dignified farewell, as your wishes and preferences are documented in advance. It gives you control over the arrangements and guarantees that your final moments are celebrated in the way you desire.
In conclusiom, by choosing AVBOB Group Funeral Cover, you’re opting for a trusted provider with a wealth of experience. They always commit to delivering full funeral solutions. Join the millions of South Africans who have found peace of mind through AVBOB’s reliable funeral cover.
Lastly, to explore your options and learn more about AVBOB Group Funeral Cover, simply complete our contact form. Let us help you find the right funeral plan that meets the unique needs of your group.
Apply now and secure a dignified farewell for your group members!
There is no waiting period if you migrating from another provider and have already completed your waiting period there
AVBOB Group Funeral Plan Cost
The first difference we will look at is the cost of the product. With an AVBOB group funeral plan, the price will usually be noticeably less than a regular policy. In short, this is because the premiums are worked out according to the risk of the entire group. The average age is one of the main factors. Basically, this means that if the group has a low average age, the cost will be lower.
To do a free quote for your group scheme, we need to have a database of all the people who will be on the policy. We have our own group scheme called “Lepato”. On this group, we can add small groups. If your group contains a large number, we do a quote specifically for your group.
Lastly, the group can pay the premiums in a single payment, or each member can make their own payment. Group scheme payments can be tailored to accommodate your needs. It’s important to note that we always suggest that the group pay one single premium. The last thing you want is to let your members decide if and when they will pay.
Cash Only Option
Firstly, with the cash-only option, the money will be paid to the beneficiary. You do not have to make use of any AVBOB products or services. With this option, you can arrange the funeral using multiple providers. The recipient will be in full control of all the funeral expenses. Keep in mind, this is not the most popular option. If you take a cash only payout, you lose some of the amazing benefits. In conclusion, you only get the discounts if AVBOB does the funeral.
ADVANTAGE: The first advantage is you can use multiple providers. The beneficiary can shop around for better deals. Over and above, you have full control of the funds. The money can be used for requirements not burial related. Finally, this option is available to group scheme members & individual policyholders.
Cash & Funeral Benefits Option
Firstly, with the cash & benefits option, AVBOB can arrange most of the service in-house. With this option, AVBOB will give group members 15% discount on funeral arrangements. All money that left over will go to the beneficiary. This extra money is a handy and practical way to arrange a decent burial. This is usually the most popular option. In short, it will be less stressful.
The group scheme members do not have to make use of many providers. Basically, when there is a claim, AVBOB can do everything on your behalf.
ADVANTAGE: The beneficiary can get most services from one single provider. Additionally, the beneficiary will get discounts over and above the cash payout. Arrange a burial wholly & professionally hassle-free. Keep in mind, this option is available to group scheme members & individual policyholders.
Who Typically Opts for a Group Scheme?
Usually, it will be an organization or society with at least a couple of hundred members. AVBOB group funeral can also be useful for smaller groups. In most cases, group schemes work great for churches, large companies, schools, societies, Governments, etc. There is not a specific industry that qualifies or not. If you have enough members, a group scheme might be the best option.
Can Family Members be Included on a Group Scheme?
Yes. A group scheme can be adapted to suit your needs. For example, an employer and a church will have different needs. An employer might only want to cover the employee where a church will want to include the entire family. It all depends on what you need. It’s even possible for the employer to include the employee and give them the option to add their family members at their own cost. In other words, we can help you structure your group scheme according to what works best for you.
AVBOB Group Funeral Cover Benefits
Firstly, because a group scheme cost less, the benefits are slightly different. One of the main differences is the fact that group members do not get a free funeral of up to R13 303*. This fact does not mean that the benefits are useless. Keep in mind, group members will receive a 15% discount on any funeral services offered by AVBOB.
Secondly, group scheme members have the option to either take the cash or get AVBOB to arrange the burial. If you decide to take the money, you can use multiple providers to arrange the funeral. In some cases, this can be beneficial. For example, you can shop around for the best prices and possibly save money. However, getting AVBOB to arrange the funeral has a lot of benefits too. They can arrange most of the services you require in-house. This benefit is extremely convenient and very useful. If they arrange the funeral, you also receive the 15% discount on services. Finally, all money that remains after the service will go to the beneficiary.
Optional Funeral Services Available at AVBOB
OPTIONAL AVBOB PRODUCT & SERVICES
- Conduct funerals over weekends to policy holders.
- Catering at home or church.
- Chairs at the grave site or church.
- Placement of funeral notice in your local newspaper.
- Arrangement for fresh flowers at the church.
- Family cars.
- Additional house tent.
- Arrangement for grave / cremation fees.
- Use of a Modern hearse.
- Tombstone erected on the day of the funeral.
AVBOB FUNERAL SERVICES PRODUCTS
- Specialised flower types and colours when designing the wreaths.
- SABS approved coffin manufactured in-house.
- AVBOB one of South Africa’s leading tombstone manufacturers.
- Metal caskets are available in various colours.
- Multicultural products are available to suit all cultures.
What if We Already Have A Group Policy?
Remember, if you already have a group policy, it’s straightforward to apply for a free quote. If you have a group scheme already, there must be an existing database. You can send this information to us. We can do a quote based on your current and historical risk. You can always compare premiums and benefits and see where you can find the best options.
Why is It Important to Have Funeral Cover?
Firstly, often hear horror stories when it comes to funerals. In many cases, an employer or leader will have some responsibility when there is a death. In some cases, the death of a loved one can have a severe financial impact. Let’s use the following example. John Doe works for company X. He is the sole breadwinner for his family. This person has two young children and an unemployed wife. He did not have any funeral insurance. If he passes away suddenly, where does the money come from to bury him? We see more often than not that John Does wife will have to ask his employer for help. Morally the company will have to try and help if they can. With an AVBOB group funeral plan, you can avoid this issue.
Secondly, let’s look at a second scenario. A large church has 5000 members. They each have their individual funeral plan. Depending on the amount of cover and ages, they might pay roughly R300 – R400 a month for a family of 5. Some member of the church will have absolutely no protection because they can’t afford it. If the church opens a group scheme, they might only pay R100 per family. This benefit means that with membership fees, the church might be able to cover the entire congregation for less than the combined amount paid for each individual policy.
Lastly, with a group funeral scheme, it can be possible to include members who can’t afford it and help save money for members who can. It all depends on your needs. We always suggest that you get a free quote. This suggestion is the starting point. From there you can calculate if a group scheme is worth it. We believe the benefit of having funeral insurance for large groups of people with a common interest is precious.
How to Get a Group Funeral Scheme Quote?
At InShoorâ„¢, we have almost 35 staff members waiting to assist you with your free quote. Rememebr, we specialize in funeral insurance and have been awarded top AVBOB broker nationally every year since 2012. We have a massive passion for the benefits a proper funeral plan can bring a family.
In conclusion, to get a free quote, all you need to do is complete a contact form on this page. We will get in touch and discuss your needs. Once we know what you are looking for, we will get the ball rolling. We will send you a no-obligation quote. If you are happy with the quote, we can arrange your policy for you quickly and hassle-free. We are here to assist you avidly.
