Dealing with the unexpected death of an employee or association member can be tough and having to contribute towards a funeral can impact your business or association.
The FNB Employer's Funeral Plan offers lump-sum cover for main members between the age of 18 - 64, and pays out in the event of a death of an employee's spouse or child(ren) under the age of 21. It offers cover for South Africans as well as foreign nationals.
Funeral cover starts from R20 000 to R60 000 with double the cover amount paid out if the main member passes away because of an accident.
There is no need for any medical examinations or underwriting.
The more people you cover, the greater the discount you can enjoy. Each insured person will have the same amount of cover.
The plan covers RSA citizens, permanent residents with a valid RSA ID as well as non-RSA citizens, with passports, who reside in South Africa.
To further help you care for your valued employees, we've included a counselling and advice benefit for you, your employees and their family's wellbeing at no cost to you!
Not only does ICAS provide caring and supportive telephonic bereavement counselling, it also helps achieve a healthy work-life balance, by providing you with unlimited telephonic advice and self-management tools to reduce stress, cope with relationships, health and other issues, improving morale and your overall wellbeing.
You and your employees are guaranteed confidentiality and the service extends to your family members, helping everyone better navigate life and work demands.
Assistance in any of the 11 official languages on all queries.
To get cover, we will need your employee's or association's members details within 90 days of taking up the plan. Beneficiaries are optional and may be sourced from the employee or association member (except for non-SA citizens, in which case beneficiaries are then required up front). Only individuals may be listed as beneficiaries (organisations, the employer or people related to the employer may NOT be listed as a beneficiary).
The insured employee must reside in South Africa and have a valid work permit. A claim will only be valid if death takes place within South African borders. FNB will only pay out to a South African bank account.
Please supply insured individuals' information to ensure a seamless claims process within 90 days grace period of taking up the plan.
Beneficiary details required