Regardless of your risk category you chose, as a contributing CRF member, you have funeral cover up to the age of 75.
This benefit will cover you, your spouse, and your children for the following revised amounts effective 1 July 2019:
Insured Person | Funeral Cover | Important to remember |
---|---|---|
Member | R50 000 | Cover ceases at the age of 75 |
Spouse | R50 000 | Cover ceases at the age of 75 |
Children (21-26) | R50 000 | Provided that the child is unmarried if under the age of 21, or is unmarried and a full-time student if under the age of 26 |
Children (11-21) | R50 000 | |
Children (1-11) | R20 000 | |
Children (0-1) | R20 000 | Stillborn children are also covered, provided that the pregnancy term is between 26 weeks and full gestation |
Important facts to remember about your funeral cover:
- Should you pass away before retirement, your dependants will remain covered until you would have reached the age of 65
- Should you apply for a lump sum disability benefit and the insurer approves your claim, you and your dependants keep the funeral cover until you reach the age of 65
- You have a repatriation benefit which takes care of transporting the mortal remains of the deceased to the place of the burial within the borders of South Africa
- The insurer requires that notice of the claim needs to be given within six months of the date of death