The importance of funeral insurance

Conceptual illustration of droughts and desertification in Africa. 
File: Former deputy president of Economic Freedom Fighters (EFF) party and new uMkhonto weSizwe (MK) party national organiser Floyd Shivambu speaks during a press conference in Sandton, Johannesburg on August 22, 2024. 
Avbob Investment Plan
Your financial well-being starts with financial literacy. The more you know, the better equipped you are to plan and manage your finances.
AVBOB proudly brings you Mutual Wellness in 60 Seconds, a series on financial wellness matters, and all things ‘mutual’. 
As Africa’s largest mutual society, AVBOB takes your financial health seriously.
In the video below, we look at the importance and benefits of funeral insurance. 
Funeral insurance
Funeral insurance is typically an insurance policy that provides financial cover for the costs associated with a funeral. It’s a way to ensure that there are sufficient funds available when that time comes.
Arranging and preparing for a loved one’s funeral can be very expensive… and the last thing you want is a financial burden at such a difficult time. 
Quick access to funds is needed to cover the cost of burial or cremation and arrange transport, catering and more. That’s why funeral policies pay out in the shortest possible time.
Simply put, a funeral policy can provide financial relief and peace of mind for the ones left behind.

Visit www.AVBOB.co.za or call 0861 28 26 21 to find out more.
AVBOB Mutual Assurance Society is a licensed life insurer and authorised Financial Services Provider. FSP 20656. AVBOB is a level 1 B-BBEE contributor.