AVBOB Family Cover Introduction
Firstly, AVBOB family funeral cover is the most complete policies we have to offer. They were founded in Bloemfontein in 1921. Just think about it, they have been around for almost 100 years. It’s definitely a very long time for any company to exist. This fact should give you the peace of mind that they know what they are doing. Secondly, AVBOB is known as a mutual society. In short, policy holders are also owners of AVBOB, therefore they regularly pay out bonuses to policy holders. The provider also offers members cashback every 5 years.
Lastly,with AVBOB family funeral insurance, you will receive a cash pay-out, besides that, there are many optional funeral services. When you claim from AVBOB, you will have the option to make use of them to arrange the funeral. Importantly, should you decide to opt for this option, there will be various discounts. The discounts and free services are included in your policy. As a matter of fact, there will be discounts of around R21 500* over and above the payout.
Ways to Structure Your Family Plan
There are many ways you can structure your policy. Most importantly, you can cover your direct and indirect family members. The policy can be used to protect either an individual or a whole family. A basic policy will cost you around R46 p/m for an individual. The more people you add to the policy the higher the cost. You can get cover from R10 000 all the way up to R50 000. We help you design your policy to fit your needs, therefore making it unique to you. A funeral plan is not intended to replace existing life insurance or savings plans. In most cases, the cover amount will be more than enough to arrange a funeral. After all deductions, all money that remains after the funeral will belong to the family.
We can assist you to get the best out of your policy. Our staff members are well trained and understand the industry. We know how to assemble your policy to get the best result. You can make changes to your policy in the future if needed. All AVBOB policies qualify for the free benefits. You do not have to specify this when you take it out. The free benefits include a free funeral of up to R13 303*.