This financial burden of losing a loved one often compounds the emotional distress of losing a loved one and often comes unexpectedly. South Africa is one of the most expenses places to die, leaving families scrambling for funds during an already emotional time. Funeral cover can ease this strain by providing a safety net, yet many South Africans hesitate due to myths and misconceptions.
Myth 1: "Funeral cover is too expensive for me."
Reality: Funeral cover is more affordable than most people think. With Solace, plans are tailored to suit different budgets, ensuring everyone can find coverage that fits their needs.
- Flexible Premiums: Solace offers plans
starting from as little as R70 per month. These plans can assist you in covering essential funeral expenses by paying out a lump sum within 24 hours from the moment your claim documents are received and approved, ensuring dignity without financial strain.
Don’t let cost be a barrier. Contact Solace to speak to one of our product specialists for more information and affordable cover.
Myth 2: "I’m young and healthy, so I don’t need funeral cover now."
Reality: Life is unpredictable, and planning ahead is always wise. Younger individuals often underestimate the value of securing funeral cover early, but it offers significant advantages:
- Lower premiums: You can start with a lower monthly plan for you and your family and opt for a higher plan when your salary increases as you get older.
- Unpredictability of life: Accidents, sudden illnesses, and unforeseen events can happen at any age, leaving families unprepared for the financial fallout. Therefore, you are covered should anything happen.
For young people, funeral cover also demonstrates financial responsibility and maturity. By securing a policy early, you not only save on costs but also reduce stress for your loved ones in case the unexpected occurs.
Myth 3: "Funeral cover only benefits older people."
Reality: Funeral cover is versatile and caters to everyone, including immediate family. Solace offers plans that provide:
- Family options: Designed for immediate families, offering just the right amount of cover without burdening their loved ones.
For families, funeral cover ensures that surviving members can focus on grieving rather than dealing with the financial stress of covering funeral costs. This myth often stems from the misconception that funeral cover is only necessary for elderly people, but in reality, immediate families can benefit from having a solid plan in place.
Myth 4: "I already have life insurance, so I don’t need funeral cover."
Reality: While life insurance and funeral cover both provide financial support, they serve different purposes:
- Life insurance: Typically pays out a lump sum for long-term financial needs such as education, home loans, or retirement planning. However, these payouts can take weeks or even months to process.
- Funeral cover: Solace offers immediate financial relief for burial and related costs, including catering, transport, and flowers or whichever you may need, by paying out a lump sum amount depending on the type of plan you are on within 24 hours once the claim documents are received and approved.
Without funeral cover, families may face cash flow challenges in the critical days following a death. For example, life insurance might help secure the family's future, but funeral cover ensures that the immediate expense such as transport of the deceased, venue hire, and traditional rituals are handled promptly by being paid out a lump sum amount.
Myth 5: "Funeral cover payouts take too long."
Reality: Many people fear delays in payouts, but with Solace, you don’t have to worry about this concern. Claims are processed efficiently to provide timely support during difficult moments.
- Fast-track claims: Beneficiaries receive payouts within 24 hours once the claim documents are received and approved.
Delayed payouts are a common fear, but Solace prioritises quick processing to ensure families can cover immediate needs such as flowers transport, and burial expenses or whichever expenses need to be covered for. Knowing this can provide invaluable peace of mind during a stressful time.
With Solace you’re not alone
Solace does not only provide funeral cover. We go beyond by also providing the following service:
- Grief Counselling through Trauma Assist: Professional support to help families navigate the emotional challenges of loss face-to-face or telephonically.
Solace is more than just a service provider, we are your companion in your journey.
Don’t let myths keep you from securing your family’s future.
