Group life vs. funeral cover: know the difference

Many employees confuse these two policies. Here’s the breakdown:

Group life cover

• Pays out 3–5x salary
• Covers natural & accidental death
• Beneficiaries can be anyone

Funeral cover

• Pays fixed amount (e.g., R50 000)
• Covers death + some funeral costs
• Usually restricted to family members

When to top up: If group life is insufficient for debts (e.g., a home loan), buy a separate policy.

Next steps

• Review your cover on the portal’s “My Policies” page.
• If you would like to discuss this in more detail, book your free 45-minute session with me today using the Contact button above.