Of course your family is important to you – so make sure they’re protected when you’re not there one day.
The cost of a funeral is one of the main reasons families can find themselves in financial trouble after losing a loved one, especially if he or she was the main breadwinner. Funeral cover is extremely important – it is a financial lifesaver when life throws a curve ball.
THE COST OF A FUNERAL
According to a 2008 survey, on average, households spent the same amount on a funeral as they would normally spend on groceries and food in a year.
Burial costs can start from R6 000, while those for a cremation start from about R8 000. The cost of the coffin and the services a family require determine what the end sum will be.
Food and other groceries, transport and a venue are other costs to consider.
UNINTENDED CONSEQUENCES
Without adequate insurance in place, the financial burden of a funeral can have the following long-term financial effects on a family, especially children:
Less money for children’s education, affecting their ability to improve their lives
Less money available to provide them with proper nutrition and a healthy environment.
PROTECT YOUR LOVED ONES
Planning a funeral is difficult. Don’t let worrying about the cost add to the stress.
Ackermans offers you funeral cover and personal accident insurance, underwritten by Hollard, starting from as little as R49.95 per month for up to R93 000 in cover.
Read more about how to plan for funeral costs.
Find out more and get the cover you need on our financial services insurance page. Sign up for your family’s peace of mind today.
Image: Freepik
Protect your family from financial distress
Of course your family is important to you – so make sure they’re protected when you’re not there one day.
The cost of a funeral is one of the main reasons families can find themselves in financial trouble after losing a loved one, especially if he or she was the main breadwinner. Funeral cover is extremely important – it is a financial lifesaver when life throws a curve ball.
THE COST OF A FUNERAL
According to a 2008 survey, on average, households spent the same amount on a funeral as they would normally spend on groceries and food in a year.
Burial costs can start from R6 000, while those for a cremation start from about R8 000. The cost of the coffin and the services a family require determine what the end sum will be.
Food and other groceries, transport and a venue are other costs to consider.
UNINTENDED CONSEQUENCES
Without adequate insurance in place, the financial burden of a funeral can have the following long-term financial effects on a family, especially children:
Less money for children’s education, affecting their ability to improve their lives
Less money available to provide them with proper nutrition and a healthy environment.
PROTECT YOUR LOVED ONES
Planning a funeral is difficult. Don’t let worrying about the cost add to the stress.
Ackermans offers you funeral cover and personal accident insurance, underwritten by Hollard, starting from as little as R49.95 per month for up to R93 000 in cover.
Read more about how to plan for funeral costs.
Find out more and get the cover you need on our financial services insurance page. Sign up for your family’s peace of mind today.
Image: Freepik
