In today’s guide, we shall show you how the FNB Funeral plan work in South Africa.
It is important to plan for a huge expense, and a funeral plan is among the huge expenses.
Even though no one would like to picture death, it is good to plan for it because it will happen at the end of the day.
I’m certain you don’t want to leave the huge expenses on your family.
Thus it would help if you had a funeral plan, and FNB is there to help you plan.
If you have been searching for the best funeral plan, you will like what FNB offers.
In this article, I’ll explain everything you need to know about the FNB funeral plan, and at the end of this article will be able to make an informed decision if to opt for it or not.
What Is The FNB Funeral Plan
FNB funeral plan is like life insurance you have taken with FNB such that when you pass, the bank will pay your dependent the claim to help in your funeral.
The FNB funeral plan is a man to people who don’t wish to leave a burden on their loved ones as far as funeral expenses are concerned.
With the FNB funeral plan, you are reset assured even if you pass; your family will conduct the funeral with ease during the grieving period.
How Does The FNB Funeral Plan Work
An FNB funeral plan, at the most basic level, allows you to arrange your funeral in advance so that your family doesn’t struggle to raise money to cover your funeral expenses.
And if your loved ones are unaware that you have a funeral plan.
With the FNB Funeral plan, you can rest assured that we can track down your beneficiary and payout legitimate claims even though they have not made a claim.
Furthermore, our claims process is fast and easy, with valid claims being paid out within 24 hours and 1 out of every five claims being paid out within 30 minutes.
A funeral plan won’t cover anything you’ll need for the service.
What is protected differs from one provider to the next.
The deceased’s views, a limousine procession, and a church service may all be included in funeral arrangements, but burial plots are often overlooked.
Are There Different Funeral Plans?
There are different FNB funeral plans, like when you subscribe to the discounted family package, it will include you and your partner in the family and up to five children and can cover up to R10,000.
There is also extended cover for the entire family and can accommodate 21 family members on a single plan.
The bank will explain the plans they are offering when seeking the FNB funeral plan and their respective benefits.
That is all we have for you about how the FNB South Africa Funeral plan work.