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Financial planning

Overview

Life & Legacy Plan

With the combination of a Will, an executor fees contribution, and life insurance, this plan will make sure your last wishes are followed and your family is cared for.

Why you need this plan

The FNB Life & Legacy Plan is more than just life insurance—it's a comprehensive plan that protects your family, honours your wishes, and helps secure their future.

Life cover

With cover ranging from R100 000 up to R1.5 million and flexible payout options—whether a lump sum, monthly payments or a Minor Beneficiary Trust—your loved ones' future is secured.

Will and estate planning

Draft your FNB Will* with us and get a personalised calculation. With secure safekeeping at no additional cost, you can have peace of mind knowing their inheritance is protected.

Find out more

Cover for executor fees

Get up to R100 000 towards executor fees to help ensure your family receives what you intended, preserving their financial well-being and way of life.

*You can set up your FNB Will with FNB Fiduciary at any time. Terms and Conditions apply.

What else is included

Funeral cover

Get a R30 000 funeral benefit paid out from the life cover to your beneficiaries while the life cover claim is being assessed. This benefit will be paid out within 24 hours of receiving a valid death claim

Terminal Illness benefit

Pay out your cover amount in the event of a terminal illness diagnosis if you have less than 12 months to live

Premiums paid back

Get up to 4 months' premiums back after 3 years*

*Reward is embedded in cover. Terms and Conditions apply.

Burial Repatriation benefit

Transporting you and your loved ones to a final resting place within South Africa

Optional cover you can add

Customise your plan with optional add-ons that provide extra security, ensuring your loved ones are well cared for when it matters most.

Accidental Death cover

Double your life cover amount will be paid out in the event of an accidental death.

Retrenchment cover

Maintain you and your family's lifestyle, knowing you can still pay for your monthly expenses by covering yourself in the event of retrenchment or inability to earn an income.

Family Funeral cover

Family funeral cover for your spouse and up to 5 children in the event of their passing.

There are various ways to claim

When claiming, you or the person making the claim must notify us as soon as possible, and within 12 months of the death.

  • Claims can be logged on the FNB App
  • Call us on 087 736 7774
  • Send an email to fnblifeclaims@fnb.co.zap
  • Visit your nearest branch

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