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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 services: local burials, out of town burials and cremations in the event of death of life assured(s).
- Cover funeral costs: They help pay for funeral expenses, including the service, burial or cremation, casket, flowers, and other related costs.
- Provide for loved ones: It ensures that your family is not burdened with the financial strain of your final expenses.
- Cover for adults above 75.
- 100% Cash in Lieu.
- USD100 cash payout for groceries.
- Riders (optional add-ons), such as additional cash, income stabilisation, memorial service, tombstone and bus service.
- Only the account holder is covered on this scheme.
- No maximum number of dependents per policy.
- Core family and extended family can be covered on the policy.
- No maximum age at entry for other dependants. No maximum cease age.
- Biological children who are legally adopted and stepchildren aged under 23 years, if still attending tertiary education, are covered for free. Proof required.
- No limit on number of children to be covered.
To cover other family members or add other dependants – kindly visit the Nedbank branch.
Death by suicide is covered but has a waiting period of 3 months.
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 from the border or from the airport.
Every funeral plan can be converted into a Cremation Service at claim stage.
There is no cash back or paid-up value.
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 coverage 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 all insured parties.
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