Funeral Cover

Give yourself and your family comfort in knowing that funeral costs will be taken care of when the time comes.

What you get

  • Up to US$6,000 in cover at an affordable monthly premium 

  • Automatic policy renewal every year, with the option to pay in advance for up to 12 months

  • 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

Your valid ID or passport
A completed funeral cover application form

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?

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Alternatively, you can call us on +263 242 230 999 or visit your nearest branch.

 

  1. Provides services: local burials, out of town burials and cremations in the event of death of life assured(s). 
  2. Cover funeral costs: They help pay for funeral expenses, including the service, burial or cremation, casket, flowers, and other related costs.
  3. Provide for loved ones: It ensures that your family is not burdened with the financial strain of your final expenses.
  4. Cover for adults above 75.
  5. 100% Cash in Lieu.
  6. USD100 cash payout for groceries.
  7. Riders (optional add-ons), such as additional cash, income stabilisation, memorial service, tombstone and bus service.
  8. Only the account holder is covered on this scheme.
  1. No maximum number of dependents per policy. 
  2. Core family and extended family can be covered on the policy.
  3. No maximum age at entry for other dependants. No maximum cease age.
  4. Biological children who are legally adopted and stepchildren aged under 23 years, if still attending tertiary education, are covered for free. Proof required.
  5. 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.