Nedbank Funeral Cover

Nedbank is one of the leading banks in South Africa that offers a range of financial products and services to individuals, businesses, and corporations.

They’re known for their innovative solutions, excellent customer service, and commitment to ethical business practices. With a reputation for excellence that spans over 180 years, they’ve built a legacy that is unmatched in the South African banking industry.

A rich history of innovation

Founded in 1831, Nedbank has a long and storied history of innovation and excellence. The bank was originally established in Cape Town as the Cape of Good Hope Bank, and has since evolved into one of the most respected and reputable banks in the country.

Over the years, they’ve introduced numerous groundbreaking products and services, from the first credit card to the first fully integrated online banking platform.

A comprehensive range of financial products and services

You have access to a comprehensive range of financial products and services that are designed to meet your unique needs.

From personal loans and credit cards to savings accounts and investments, they have something for everyone.

Customer service that sets them apart

Their team of knowledgeable and experienced banking professionals are always on hand to assist you with your financial needs, and are dedicated to ensuring that you get personalised attention and service.

A special focus on sustainability and social responsibility

They’ve implemented a range of initiatives and programs that focus on environmental sustainability, economic empowerment, and social development.

This includes everything from promoting renewable energy to supporting small businesses and community-based organizations.

Making a difference in the community

Their CSI programs focus on education, health, and community development, and are designed to address some of the most pressing social issues facing the country today.

From providing scholarships and bursaries to supporting healthcare initiatives and community-based organizations, Nedbank is committed to making a positive difference in the communities they serve.

Losing a loved one is a challenging time, and the last thing you want to worry about is how to cover the costs of their funeral. That's why Nedbank offers a range of funeral plans to suit your needs and budget.

Nedbank’s funeral cover options

Option 1 and 2 - Individual Cover

Under this option, you can get R10,000 cover for only R30 per month, or R30,000 cover for R50 per month. This plan provides immediate accidental death cover, and you’ll be covered for natural death after only six months.

No medical tests are required, and you’ll receive a premium bonus every 12 months, equal to the average premiums paid in the preceding 11 months. You also get access to Nedbank's Value for Life benefits.

Option 3 - Family Cover

This plan provides R30,000 family cover for R90 per month. You can cover up to six family members, and the plan includes immediate accidental death cover.

Natural death cover is available after six months for you, your immediate family, and parents, and after 12 months for other insured lives. No medical tests are required, and you will receive a premium bonus every 12 months, along with access to Nedbank's Value for Life benefits.

Option 4 - Flexible Cover

If you need more comprehensive coverage, this plan is for you. You can choose from a wide range of cover options up to R100,000 and cover up to 29 family members.

This plan includes immediate accidental death cover, and you and your immediate family, parents, and domestic workers will be covered for natural death after only six months. Other insured lives will be covered after 12 months. No medical tests are required, and you’ll receive a premium bonus every 12 months.

Additionally, this plan comes with a family support benefit, waiver of premium, and up to 10% discount on your premium if purchased through one of Nedbank's digital channels.

All of Nedbank's funeral plans include access to the Value for Life benefits, which helps ease the burden of funeral arrangements. This is done by transporting the mortal remains of the insured life to the nearest funeral home of choice.

They also make transport and accommodation arrangements for one relative to accompany the mortal remains to the funeral home. Nedbank also assists with legal matters regarding funeral procedures, such as obtaining a death certificate.