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Your forgotten funeral policies: a grave warning


Your forgotten funeral policies: a grave warning

It's wise to check your bank statement - there’s a very good chance you will get at least one surprise

Consumer journalist

I wonder how many South Africans spend years, decades even, paying for funeral policies for themselves and their family members, but never make a claim because they forgot all about the policy or their loved ones didn’t know about it or how to claim?

I’m guessing a lot. Millions, maybe.

Funeral policies are sold by highly incentivised salespeople, so it’s not surprising that the average South African takes out between three and four such policies in their lifetime, according to research by OUTsurance...

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