Funeral cover policies premiums are affordable and can mostly be customized to your particular circumstances. So, one can find single policies covering only the funeral costs of yourself, while other insurance plans may cover your entire family, while others yet, may even incorporate your aged parents. In all of these instances payment to the family is made in 24 to 48 hours of death occurring, pending the submitting of a death certificate. Consequently you can perform funeral agreements of your kin with the assurance of having money in hand to fund any services or goods.

Other than the most obvious expenditures, including the burial ceremony, you need to plan for other costs, such as the bouquets at the funeral service, traffic regulating services (if applicable), printing of the funeral program, refreshments and snacks for the attendees and various other costs. This can quickly amount to quite a substantial amount that can catch you off-guard if you don't have a step-by-step plan in place. Funeral cover policies work on the same principle as a typical insurance policy.... The sooner you obtain the policy and start making regular payments, the better.

Having funeral cover policies in many cases, may prevent financial adversity to households having to burry a loved one, due to the expense of a funeral. In the African traditions a burial is a local community issue and many men and women may attend a funeral, which typically is accompanied by the supply of food to the funeral goers. As the demand for a commodity increases so does the purchase price. It is known that in northern Kwa Zulu Natal, for example, up to 10 or more burials per weekend is not strange, putting strain on the resources of burial parlours.

Funeral cover policies, therefore, possess an important role to play in covering the costs of a funeral and optionally some other expenses as well. The financial exposure of oneself, especially in the present world economic state, in the expenditure of any significant cash amounts, really should be avoided. This is particularly the case with any unexpected capital expenditure that might have been averted by adequate inexpensive funeral cover policies. Funeral costs may vary from R5 000 for a modest funeral to very sizeable amounts in the event of more detailed funerals. South African providers offer funeral cover policies which range from R5000 to R50 000, which certainly at the higher end would cover any important cost components of a funeral. Another possibility is additional optional cover offered to defray some other expenses related to a funeral.

Lots of unexpected things happen in life at times that are most inconvenient and often leaves hardship behind. While naturally, one can't predict such events, the fact is that death is a guarantee and one can be prepared on the financial implications of the costs of a burial by taking out funeral cover policies. Be wise and take out funeral cover policies to protect yourself and your family from possible financial hardship in having to pay for any funeral without having insurance cover.