AVBOB Cashback Funeral Cover
Some people feel that paying for insurance monthly without ever claiming can be scary. It might feel like you are throwing money into the water. With AVBOB, you can get AVBOB cashback funeral cover. You will get some of your premiums back if you don’t claim. In this article, we will look at the term cashback and what it initials.
Firstly, many insurance companies reward client with cashback insurance premiums. This reward is a way to thank you for your loyalty. Imagine paying for the same policy for ten years and never even claiming once. This payout is one of the reasons AVBOB cashback funeral cover is so great. You will receive some of your premiums back in cash every five years.
Secondly, AVBOB cashback funeral cover comes with all the same benefits. You have the option to choose if you want cash back or not. If you decide to take this option, you will get back one year’s premiums every five years of not claiming. This bonus is paid back to you in cash. You can use this money for anything your heart desires. Get that new flat screen TV, or pay for your child’s education. Visit AVBOB
AVBOB Cashback Funeral Cover Example
Let’s look at an example of how the cashback policy works. If you pay R100 a month for your policy the calculation will look like this:
Monthly Premium = R100
5 Years Premiums = R6000
Cashback = R1200
If you look at the calculation above, you will see that you effectively save a lot of money. If you deduct the cash back amount from your premium, you save R20 a month. Your premium would effectively be only R80 a month. This amount in total is a significant saving. Best of all, the payout to you is in a lump sum amount. Almost like a little savings plan that pays out every five years.
With rising daily costs, saving money on insurance can be great. With petrol and electricity prices skyrocketing, consumers need to save money where they can. AVBOB cashback funeral insurance is a great place to start.
AVBOB will pay back one year’s premiums every five years of uninterrupted is premiums. The premium payer will receive the money. The premium payer can use this pay out for anything. The Cashback insurance policy has the same benefits as the standard policy. Cashback is an optional benefit.
We strongly suggest that you opt for the cashback option when you take out your AVBOB funeral plan quote. You will get some of your hard earned money back without having to lift a finger. Although it might not seem like a lot of money, consider you would have received nothing, it’s excellent. This benefit will also help you feel that at least you get something back if you do not claim.
If you need any further information about AVBOB cashback funeral cover, let us know. If you complete our contact form, we will phone you right back. Our consultants are very friendly and understand this product from head to toe. InShoor™ was rewarded top AVBOB broker nationally in 2012 & 2017. We have a passion for the brand and believe that this is one of the best burial insurance plans available on the market.