Secure Your Loved Ones' Future with Old Mutual Protect Final Expenses Benefit
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Prepare for life’s uncertainties with the Old Mutual Protect Final Expenses Benefit. This comprehensive plan offers peace of mind, ensuring that your loved ones are financially supported during challenging times.
Key Benefits:
- Immediate Cover: Enjoy immediate coverage up to 30 days before your first premium payment, providing instant peace of mind.
- No Medical Tests Required: Obtain coverage without the need for medical tests, making the process straightforward and accessible.
- Quick Payout: Benefit from a swift payout process, with funds released within 48 hours once all necessary documentation is received.
Coverage Options: Old Mutual Protect offers flexible coverage options to suit different needs:
- Individuals and Spouses/Partners: Coverage ranges from R5,000 to R100,000.
- Dependent Children: Coverage from R5,000 to R50,000, ensuring the financial stability of your children.
- Extended Family Members: Extend protection to parents and other family members, with coverage options from R5,000 to R50,000.
Additional Benefits:
- Monthly Grocery Benefit: Provides financial assistance for household expenses for 12 months after the insured’s death.
- Monthly Education Benefit: Helps cover ongoing educational costs for a year following the insured’s passing.
- Double Accidental Benefit: Pays out double the cover amount if the insured dies due to an accident.
- Premium Holiday and Paid-up Benefits: Allows temporary breaks from paying premiums under certain conditions and continues coverage without premium payments if the policyholder becomes disabled, reaches 64 years, or passes away.
Eligibility and Premiums:
- Age Requirements: Primary policyholders and their spouses/partners must be between 18 and 65 years old. Parents and extended family members can be covered up to 84 years old.
- Affordable Premiums: Starting as low as R26 per month, with flexible payment plans to suit different budgets.
Claims Process:
- Notify Us: Provide the death certificate and necessary IDs.
- Visit Our Branch: We’ll assist you in initiating the claim.
- Receive Payout: Funds are released within 48 hours after documentation is received.
Old Mutual aims to pay out funeral expenses within 48 hours, ensuring timely financial support during difficult times.
Why Choose Old Mutual: With over a century of experience, Old Mutual is a trusted provider offering reliable and comprehensive funeral cover plans. Our policies are designed to provide financial stability and peace of mind, allowing you to focus on what truly matters.
In 2021, Old Mutual paid out over R21 billion in claims, demonstrating our unwavering commitment to supporting South African families when they need it most.
Serving families in Secunda and the greater Mpumalanga region.
