Stangen

Stangen Life Insurance is a South African-based insurance provider that offers a range of insurance products, including funeral cover.

Stangen understands the importance of having funeral cover to give you and your family peace of mind during challenging times.

A legacy of quality services

Founded in 2005 by Morné Stoltz, Stangen has grown to become a leading provider of affordable and reliable insurance products in South Africa.

The company's vision is to provide their clients with exceptional value, quality service, and transparent business practices.

Comprehensive funeral cover

Stangen's funeral cover offers a comprehensive range of benefits, including cash payouts within 48 hours, no waiting period, and cover for up to 21 family members.

The policies are tailored to meet individual needs and budgets, ensuring that you only pay for the cover you need.

Different from the rest

Stangen understands that not all clients have the same needs, which is why they offer customisable funeral cover options.

With their innovative online platform, clients can easily access and manage their policies without the need for complicated paperwork or long queues. Additionally, Stangen offers a 30-day money-back guarantee on all their policies, giving clients peace of mind.

Going beyond business: How they serve SA 

Stangen is committed to making a positive impact in the communities they serve. The company has various Corporate Social Investment (CSI) initiatives, such as providing bursaries to deserving students, supporting local NGOs, and contributing to disaster relief efforts.

Stangen is committed to providing their clients with exceptional customer service, which is reflected in their high client satisfaction ratings. 

The company has received numerous awards and accolades, including the 2020 KASI Star Award for the Best Funeral Insurance Provider and the 2020 Financial Intermediaries Association of Southern Africa (FIA) Award for the Best Long-Term Insurance Provider.

By choosing Stangen Funeral Plan, you can rest assured that your legacy will be protected and your loved ones will be financially secure after you’re gone. It’s an essential step in planning for the future and ensuring that the ones we love are looked after for life.

Stangen provides a comprehensive solution for families to ensure their loved ones are protected during difficult times.

Their funeral policy offers no medical exams, making it easy to sign up, and there’s no waiting period for accidental death once the first premium is paid.

This means that members and their families can have peace of mind knowing that they’re covered in case of an unexpected tragedy.

Cover for your family of up to R50k

The funeral plan offers coverage for the whole family, including spouses, partners, children, and extended family members, with cover amounts up to R50 000. This allows families to give their loved ones the farewell they deserve, without worrying about the financial burden that comes with it.

They also offer an additional benefit of six months of free continued cover after the main member passes away. This gives your family enough time to make the necessary arrangements and ensure that their loved ones are taken care of during this difficult time.

Policy benefits in the event of the passing of the main insured are paid to the beneficiaries directly or through the intermediary or policyholder for ongoing payment to the nominated beneficiary. Main members will only be covered and entitled to policy benefits if premiums in respect of the main insured have been received by the insurer.

Cover lapse and reinstatement

It’s important to note that the policy benefit will lapse after two consecutive failed premium collections. The client may, however, apply for cover to be reinstated for the main member within sixty days of the effective date lapsed a new waiting period being imposed.

The remainder of a waiting period that had not passed yet at the lapse time still applies, and premiums outstanding need to be paid to reinstate cover.

Stangen's funeral policy provides comprehensive coverage to its members, offering peace of mind to their loved ones during difficult times. It’s important to note that the policy has waiting periods in place.

These waiting periods are detailed in the scheme summary, and a 12-month waiting period applies to all main members in respect of suicide. However, no waiting periods are applicable when it comes to the accidental death of main insured.

Additional benefits include a free will drafting service, access to a 24-hour legal and tax advice helpline, and a free airtime benefit.

These added benefits further demonstrate the company's commitment to providing their clients with valuable services beyond insurance coverage.