affordable funeral cover

What is the difference between funeral cover and life policy?

Funeral cover is a form of insurance that pays out a sum of money to the family of the deceased in the event of death. This is to ensure that the people you love can manage the impact of funeral expenses and that the family can send you off with a dignified burial. 

People often mistake a funeral policy for a life policy.

These are two different policies with different objectives and outcomes.

1. Funeral cover aims to cover the immediate and often urgent costs of a funeral. With funeral cover the pay-out is fast and your family is protected from taking on debt to fund your funeral. 

2. A life policy is designed to take care of the ongoing costs of life itself as it is a cash sum that can be used by your family: pay off outstanding debts, fund education costs as well as lifestyle expenses, and more. 

How do you choose the best funeral cover in South Africa? Find out how.

What to look out for when buying funeral cover? 


When buying funeral cover you need to consider how much you can afford on a monthly basis. This is after you have deducted all your monthly expenses. This will help you determine which funeral plan will be suitable and affordable for you.  


Funeral plans come with different benefits. They include things like a certain amount of airtime after a claim has been filed, transport during the burial preparations, groceries, or offering grief counselling for the affected family members. The level of the cover and the specific funeral plan you choose will dictate the benefits that will come with your funeral cover. 


Have an understanding of how many members you can cover. Also, understand the terms and conditions that come with adding more members to the plan. For example, the ages and medical conditions that have an impact on the funeral cover. 

Information to be familiar with:

Read all paperwork before you sign any documents. Read the fine print including the terms and conditions, exclusions as well as benefits. Enquire about terms and phrases that you do not understand. Understand the claims process and how long before the money will be disbursed. 

Why Meerkat?

With Meerkat you can plan for the funeral you want and ensure your family has peace of mind. We offer an easy digital sign up and you can claim with just the click of a button. Our affordable funeral cover offers up to R60k for individual and family cover and you can include your children up to the age of 23. We also offer a savings product that can be used to fund premiums in the future, subject to you having sufficient funds.

All underwritten by one of South Africa’s trusted brands – Old Mutual Alternative Risk Transfer Limited.

Check out for more!