Ubank Funeral Plan (uSecure)

0
123
Ubank Funeral Plan
Cemetery Crosses, image: pxhere.com
Ubank Funeral Plan
Cemetery Crosses, image: pxhere.com

Unfortunately, some events are inevitable; there is no way that we can avoid death from creeping into our lives. When a dark cloud is upon our families, we have a lot of grief to deal with – as well as funeral expensesno matter how many funeral policies are out there, some premium no matter how low, are still a bit steep for other families, however, with the Ubank Funeral Plan, you can get peace of mind knowing that your family will be taken care of.

Ubank Funeral Plan

[ht_message mstyle=”success” title=”” show_icon=”” id=”” class=”” style=”” ]

  • In the event that one of your family members pass on, you can be certain that your family’s funeral arrangement will be taken care of, all this for an affordable monthly payment.
  • Ubank doesn’t limit the number of children you want to add in your policy, I can imagine if Papa Penny would add all of his children, plus you can add up to four parents and nine relatives in one cover.
  • There will be no medical examination, no HIV testing.
  • There are two options for the funeral cover, namely, you can choose from Classic or Premier Option, it is up to you.
  • If you choose a Classic Option, you will be covered for up to R18 000, should decide to go with the Premier Option, you will be covered for R30 000
  • The Ubank Funeral Plan is underwritten by Metropolitan Life
  • When your claim has been approved, provided that all necessary documents have been submitted, the payout is within 48 hours from the period of the claim.

[/ht_message]

[ht_message mstyle=”success” title=”” show_icon=”” id=”” class=”” style=”” ]Under the Premier Planyou can add an additional Funeral Services Benefit which offers assistance, for 6 equal months, payments of up to R30 000 be paid in installments after death to help with expenses, groceries, payments of accounts, hearse arrangements, flowers, catering, transportation of the deceased to and from the morgue – assistance with choice of coffin, as well as delivery to the undertakers, and more… you will be taken care of, and you don’t have to worry about a thing.[/ht_message]

To apply for the Ubank funeral policy you need to be younger than 65 years old.

Here are some of the requirements to apply

[ht_message mstyle=”alert” title=”” show_icon=”” id=”” class=”” style=”” ]

  • You will have to bring along your valid SA ID or your valid passport if you are from Lesotho, this will enable you to qualify for member, family and extended cover.
  • OR bring your SA ID if you are from Botswana, Mozambique, Swaziland or Zimbabwe, this will qualify you for member-only and no family cover available
  • Proof of Residence is also needed, that’s not older than three months

[/ht_message]

PLANS ILLUSTRATRATED BY UBANK

[ht_message mstyle=”info” title=”” show_icon=”” id=”” class=”” style=”” ]

Plan Name of plan Who can be covered
A Family Yourself, your life partner and/or your financially dependent children
B Member & children Yourself, and/or your financially dependent children
C Member & life partner Yourself and your life partner
D Member-only Yourself only
E Parent Funeral Plan Parents and/or parents-in-law
F Extended Funeral Plan Relatives
G Funeral Services Benefits Yourself only

[/ht_message]

Plans from A to F as illustrated on the table above will provide a cover between R3000 and R3000 (In this case, if it goes up to R18 000 it’s a Classic cover) and if it goes up to R30 000 it’s a Premier Cover.

[ht_message mstyle=”success” title=”” show_icon=”true” id=”” class=”” style=””]iRead: Clientele Funeral Plans[/ht_message]

The Plan G as illustrated on the table above, you can add optionally for Premier Funeral Cover Accounts, and covers from R5 000 TO R30 000

HOW TO CLAIM

Classic Plan

[ht_message mstyle=”alert” title=”” show_icon=”” id=”” class=”” style=”” ]

  • There is a waiting period of 6 months (You can claim after having paid 6 premiums)
  • The claim can be made immediately when the death is a result of an accident.

[/ht_message]

Premier Plan

[ht_message mstyle=”success” title=”” show_icon=”” id=”” class=”” style=”” ]

  • There is a waiting period of 3 months (You can claim after having paid 3 premiums) this applies only for There is a waiting period of 6 months (You can claim after having paid 6 premiums)
  • For extended family members, 6 premiums have to be paid to claim.
  • The claim can be made immediately when the death is a result of an accident.

[/ht_message]

Ubank Addition Benefits

There will be no further premiums to be paid when the Primary Policyholder dies, or become disabled or retires, and in an unfortunate event that, for the premier plan, you and your spouse or children over the age of 14 die in an accident, your payouts will be doubled.

Family Assist Benefits for Premier Plans Only

  • Legal Issues
  • Funeral assistance
  • Moving the body from one county to another
  • Emergency Medical Services

Important Links

[ht_message mstyle=”success” title=”” show_icon=”” id=”” class=”” style=”” ]

[/ht_message]

For more information, you can contact Ubank on 086 000 8 322



South African COVID-19 Information Portal

iBusiness on COVID-19
Protect yourself and others around you


Loading...

LEAVE A REPLY

Please enter your comment!
Please enter your name here