Precision Group Scheme

Individual Funeral Cover

Individual Funeral Product

This product is designed for customers who need a basic and affordable funeral policy providing cover of up to R30,000.

How Does It Work?

Cover Options

We understand that each person is unique and that they have unique insurance needs. Precision Group Scheme Administrators funeral cover provides flexible sum assured options.

The following table applies to the Family and Single with children benefit portion:

Person CoveredR 10 000R 15 000R 20 000R 25 000R 30 000
MemberR 10 000R 15 000R 20 000R 25 000R 30 000
SpouseR 10 000R 15 000R 20 000R 25 000R 30 000
Child: > 14R 10 000R 15 000R 20 000R 25 000R 30 000
Child: 13 > 7R 5 000R 7 500R 10 000R 12 500R 15 000
Child: 6 > 1R 2 500R 3 750R 5 000R 6 250R 7 500
Child: > 1R 1 250R 1 875R 2 500R 3 125R 3 250

Monthly Premium per Main Member

CategoriesR 10 000R 15 000R 20 000R 25 000R 30 000
Single 16 - 64R 65R 85R 125R 148R 160
Single 65 - 74R 123R 148R 93R 98
Single 75 - 84R 145
Single with children 16 - 64R 70R 125R 140R 165R 185
Single with children 65 - 74R 135R 160
Single with children 75 - 84R 155
Family 16 - 64R 80R 95R 145R 165R 185
Family 65 - 74R 145
Family 75 - 84R 165
1+5R 10 000R 15 000R 20 000R 25 000R 30 000
0-64R 145R 200R 241R 270R 320
65-74R 215R 255R 310R 365R 420
1+9R 10 000R 15 000R 20 000R 25 000R 30 000
0-64R 208R 285R 370R 470R 550
65-74R 235R 365R 495R 590R 685