Automatic Baby Cover
The Discovery family funeral plan automatically covers newborn babies. This benefit will be applicable for the first three months of birth. The lump sum will be paid in the event that the baby dies.
Premium Payback Benefit
This benefit will ensure that if the premiums are paid in full, a cash back incentive will be paid to the policy holder. You can get a full year’s premiums back for every 5 years of paying for your funeral policy. This money can be used for anything the policy holder deems fit. A new premium payback cycle would start if the spouse decided to keep the policy after the death of the premium payer.
Accidental Death Benefit
If the policy holder, or indicated spouse die as a result of an accident, the payout will double. This includes events like murder, car accident, high jacking, etc. If you are covered for R50 000 for your main funeral benefit, the payout will increase to R100 000. This benefit will only be applicable if death is due to an accident. Natural causes of death will not be applicable.
If you or your indicated spouse dies, an education cash benefit will be paid for six full months after the claim. The Education benefit will be available to all children covered under the policy. Unfortunately this benefit does not cover children under the extended family section. E.g. Brothers Children will not be covered under the extra benefit.
Memorial Benefit (Optional)
This benefit automatically includes your spouse and is optional on your Discovery Family Funeral Plan. The cash amount will be paid monthly to you or your spouse. This benefit will continue to pay for one year after the claim. This is an optional benefit and can be included at a small additional premium.
Grocery Benefit (Optional)
Similar to the Memorial Benefit, the Grocery Benefit will pay the insured amount for six months after a claim. This cash pay-out might help to provide funds for necessities like groceries etc. This amazing additional benefit is available for the main applicant and spouse.