Group Risk

Funeral Cover

We pay toward the cost of a funeral in the event of the
death of an employee, spouse, child or parent

There is no medical underwriting required, and funeral claims are usually paid within 48 hours.

There is no waiting period on either natural or unnatural causes of death, which ensures family members can focus on making funeral arrangements with the financial support they need.

Three group-scheme benefit options are available

Employee-only Funeral Cover

Employee-and-family Funeral Cover (Employee, spouse and child)

Employee-and-extended family Funeral Cover (Employee, spouse, child and parent)

Contact us to enquire about life insurance policies for your employees. We also offer group retirement savings and other employee benefits to businesses in South Africa.

Key Features

What sets Fedgroup’s Group Funeral Cover apart?

Our Funeral Cover benefit does not contain suicide exclusion.
Fedgroup’s Funeral Cover also includes an optional Burial Repatriation Benefit.

The Policyholder can choose the appropriate level of Funeral Cover in multiples of R1 000 with:

A minimum Employee Funeral Cover of R 3 000.

A maximum Employee Funeral Cover of R 30 000.

The Funeral Cover benefit structure is a scaled benefit structure, with the following parameters
InsuredAge ReachedLump sum benefitMaximum Amount
Spouse18 - 70Max. 100% of Employee's benefitR30 000
Parent18 - 70Max. 50% of Employee's benefitR15 000
Child15 - 24Max. 100% of Employee's benefitR30 000
Child6 - 14Max. 50% of Employee's benefitR15 000
Child0 - 5Max. 25% of Employee's benefitR7 500
StillbornNot ApplicableMax. 25% of Employee's benefitR7 500
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