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Funeral Cover
Give yourself and your family comfort in knowing that funeral costs will be taken care of when the time comes.
- Features and benefits
- How to apply
What you get
-
Up to US$6,000 in cover at an affordable monthly premium
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Automatic policy renewal every year, with the option to pay in advance for up to 12 months
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A cash payout within 24 hours after the required documents have been submitted
Get funeral insurance for you and your family
Ensure that you and your loved ones receive a dignified farewell with financial ease and assurance.
To apply for funeral cover
You must be 18 years or older
You must be a Zimbabwean resident
You must be a Nedbank client
Documents you'll need
Underwritten by Old Mutual
Enjoy the security of a policy that offers peace of mind, from as little as US$1.50 per child and US$1.80 per adult.
You can revise your cover amount every 12 months.
Ready to apply?
Leave a messageAlternatively, you can call us on +263 242 230 999 or visit your nearest branch.
Funeral cover FAQs
- Provides funeral-related services: Local burials, out-of-town burials and cremations in the event of the death of an insured life.
- Covers funeral costs: It helps pay for funeral expenses, including the service, burial or cremation, casket, flowers, and other related costs.
- Provides for loved ones: It ensures that your family is not burdened with the financial strain of your final expenses.
- Cover for adults over 75 years of age.
- 100% cash in lieu of .
- USD100 cash payout for groceries.
- Riders (optional add-ons), such as additional cash, income stabilisation, memorial service, tombstone and the bus service.
- Only the accountholder is covered on this scheme.
To cover other family members or add dependants, go to a Nedbank branch for help.
- No maximum number of dependents per policy.
- Core family and extended family can be covered on the policy.
- No minimum/maximum age of entry for other dependants.
- Biological children who are legally adopted and stepchildren under 23 years of age, if still attending tertiary education, are covered for free. Proof required.
- No limit on the number of children to be covered.
Suicide is covered subject to a 3-month waiting period.
- The policy has no maturity date.
- There is no surrender value.
Bus service – nationwide (where applicable).
We only do local burials. However, we can assist with transport of the loved one’s remains from the local border or airport.
All our funeral plans can be converted into a cremation service at the claim stage.
There is no cashback or paid-up value. (Cashback benefits apply to some of our other insurance products.)
Cost efficiency: Managing a group policy for a small number of individuals can be expensive. Larger groups allow insurers to offer competitive rates and better cover options.
Policy sustainability: We aim to maintain fairness among all age groups. By adjusting waiting periods, we can manage claims more effectively, ensuring the policy remains viable for everyone insured.
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