Funeral Benefit
THIS IS HOW IT WORKS
A funeral benefit is payable from the fund in the event of the death of a member, spouse or a child. The benefit payable is as follows.
Share this product| Members | R40 000 |
| Spouse (regardless of number) | R40 000 |
| Children aged 14 to 25 (children aged 21 to 25 proof of study will be required) | R40 000 |
| Children (aged 6 to 13) | R25 000 |
| Children (aged 1 to 5) | R15 000 |
| Children younger than 1 year | R15 000 |
The funeral benefit of R40 000 is also payable when a member who exited the Fund through retirement dies.
FAMILY ASSISTANCE BENEFIT:
The Fund offers a Family Assistance Benefit (FAB) through its Group Risk Benefit service provider, Momentum, which can be accessed 24hours/365 days a year that provides invaluable support to members during traumatic life events.
THE FAB PROVIDES HELP IN MANY WAYS:
On Bereavement:
On Trauma such as rape, assault, etc:
All these services are available to the member and immediate family including spouse, children, parents and parents-in-law.
