How to Choose a Funeral Plan

| by | Insurance Blog | 1 comments:

AVBOB-Funeral-Plan - People With Folded Arms

How to Choose a Funeral Plan


When considering a funeral plan, there are many things to think about. In the South African market, there are many options. Every provider offers unique benefits to make their products sell better. In some cases, these benefits are not beneficial to the funeral at all. Providers sometimes use this to trick buyers into taking “value-added” benefits that are of little or no use. On this page, we will look at the things you need to consider when choosing a funeral plan. We will also look at the benefits of AVBOB funeral plans.

Determine Your Needs

Firstly, when you look at funeral cover, you have to look at your needs. Are you looking for protection for an individual or family? Do you want cash only or cash with extra benefits? These are some of the questions you need to ask yourself before you start looking for the right funeral policy. Some funeral plans will allow you to include additional family, members. In many cases, you can add your direct and indirect family members.

With AVBOB, you can cover up to 4 parents + 6 extended family members. Many South African families’ have a single breadwinner. This option is what they allow policyholders to include siblings, uncles, aunts, etc.

Types of Policies

The next thing you need to think about is the type of insurance you need. Do you want everything to be done for you, or do you want the family to take care of everything? There are two types of funeral plans. The first is a cash-only product. This type of policy means you get a cash payout only. The responsible person must arrange everything independently. This strategy is great for more experienced funeral planners. The family will have full control of the providers and the amount spent. The second option is the cash with benefits funeral plan. This kind of policy will give you both money and benefits.

With the AVBOB funeral plan, you get cash & funeral arrangements. What this means is you still get the cash payout, but, you can ask them to arrange the funeral for you. The family can get everything from one provider. All the money that remains will still belong to the family. It’s a comfortable and hassle-free option to get everything done effectively.

AVBOB Cashback funeral plan

Secondly, make sure you understand the cashback value of a policy. Some providers will offer you some of your premiums back in cash. Not all funeral plans have this option. With a cashback funeral plan, you usually get about one years’ premiums back every five years of paying. This payout is a great way to save on your premiums. The policyholder receives the money back in cash. You can use this money for anything you need at the time. With AVBOB, you have both options. You can take a cashback or standard policy. AVBOB cashback funeral has the same benefits as the standard plan. Both include a cash only or cash with benefits option.

Amount of Cover Required

Lastly, it is vital that you know how much cover you need. Most provider will offer from about R5000 to about R50 000. You can have different cover levels for each member on your policy. This option allows you to determine the amount you spend on your family funeral plan. Do not overspend on your policy. They will not approve a policy for buyers who over-commit themselves. This limitation is a way to protect the buyer. Always ask what the current going rate is for a basic funeral. A basic funeral can cost around R15 000. This amount can grow to R50 000 very quickly. It all depends on how lavish the funeral is.

In some cultures, a funeral is a time of celebration. Some cultures celebrate the person’s life after the part. This kind of festivity can often be a costly exercise. Always make sure you get cover for the correct amount.


Researching your options is essential. At InSHoor, we looked into a wide range of funeral insurance products. Nowadays, you can even buy a funeral policy at the counter of a convenience store. In most cases, this is not always the best approach and can give the policyholder a false sense of security. Make sure you know what it costs to arrange a funeral. If you are under-insured, the family will have to pay the difference. If you are over-insured, your premiums might be costly. Always know how much cover you need. Our friendly consultants can help you build the best policy for your needs. You can get a free AVBOB funeral plan quote by completing a contact form anywhere on our website.

Free AVBOB Quote

Do you need more information regarding insurance policies? Let us give you a free no obligation quote. Our friendly consultants are just waiting to hear from you. If you are satisfied with your free no obligation quote, we can arrange your AVBOB policy at no additional cost.





One Response

  1. January 14, 2019

    […] main reason as to why you would want to pay for AVBOB Employee Funeral Cover for your employee is because it acts as a reasonably decent incentive for them. As you may know; […]

Leave a Reply