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My Choice range of funeral plans allow you and your family to choose the funeral plan you need and can afford. We offer a range of meaningful benefits to
suit you and your family’s specific needs. My Choice range of funeral plans offer cover up to R60 000. Anyone between the ages of 18 and 64 can take up a
product from the My Choice range of funeral plans. The maximum age of entry is 74 years on the Sanlam Traditional Funeral Plan.
What's more, we give you
cash back every three years.
Benefits and features offered
Did you know?
Accidental death cover starts from the day after the policy
is accepted.
This could even be before you pay your first premium.
More benefits and features offered
Sanlam offers 2 ranges to cover your family:
My Choice Funeral range benefit summary
Funeral Cover
Premium Paid-up
Burial Repatriation Benefit
Unemployment and Pregnancy Payment Holiday
Escalations
Temporary Premium Support Benefit – Death
No More Premiums Benefit – Death
No More Premiums Benefit – Defined Physical Impairment
Double Accident Benefit
No More Premiums Benefit – Retirement
No More Premiums Benefit – Retrenchment
Memorial Benefit
Grocery Benefit
Cash Back Benefit
Savings Benefit
Optional
My Choice Family Funeral range benefit summary
Funeral Cover
Premium Paid-up
Burial Repatriation Benefit
Unemployment and Pregnancy Payment Holiday
Escalations
Temporary Premium Support Benefit – Death
No More Premiums Benefit – Death
No More Premiums Benefit – Defined Physical Impairment
Double Accident Benefit
Loyalty Benefitl
Savings Benefit
Optional
OR
What benefits does the Masterplan offer?
COMPULSORY BENEFITS
• Funeral Cover:
if the principal life assured dies, this benefit pays out the funeral cover amount including escalations.
• Double Accident Benefit:
if the principal life assured dies as a result of an accident, this benefit will pay out an amount equal to the chosen funeral cover in
addition to the funeral cover.
• Savings Benefit:
this benefit gets paid out at the end of the chosen policy term, which is the same term as the Funeral Cover. The compulsory
monthly Savings Benefit premium is R25 and is already included in the total monthly premium. At the end of the policy term, the
total sum guaranteed to be paid out will not be less than the total of the premiums paid over the saving term less allocation
charges, as long as no changes have been made to the Savings Benefit.
There is a top up option for the compulsory monthly Savings Benefit called the Additional Savings Benefit. This allows the savings
premium to be increased in units of R10.
What if the saved money is needed before the end of the policy term?
•
There is an option to cancel the policy at any time and not pay any penalties but there is a small administration fee. This
means if the Savings Benefit is surrendered, the funeral cover also must be cancelled.
•
Cash withdrawals can be made from the savings, but this will affect the total money due at the end of the policy term.
AUTOMATICALLY ADDED BENEFITS
• Burial Repatriation Benefit:
•
All lives assured
•
Repatriation of the deceased’s body
•
Transportation arrangements for one person who is accompanying the deceased’s body to the nearest funeral home of
choice closest to the place of burial
•
Accommodation for a maximum of one night for one person travelling with the deceased’s body
•
Legal assistance regarding the funeral procedures e.g. death certificate, removal of body, etc
•
Assistance with funeral or cremation arrangements
•
Assistance with getting a death certificate
•
Referrals to a pathologist, psychologist, psychiatrist or special counselling, if required (particularly with the loss of a child).
OPTIONAL ADD-ON BENEFITS
• Funeral Cover:
this policy gives the options to also cover the principal life assured’s:
• Immediate family
– This is the spouse of the principal life assured and a maximum of 5 children;
• Wider family
– these are grandparents, grandchildren, aunts, uncles, nephews, brothers, etc;
• Parents
– biological or legal guardians and parents-in-law.
• Defined Debility Cover:
this benefit pays out a percentage of the total cover amount if the principal life assured or their spouse, if covered for this
benefit, becomes disabled. The amount paid depends on the seriousness of the debility.
• Escalations:
this benefit makes sure that all policy benefits remain valuable in the future. At the beginning of the policy, there is an option to
have your monthly premiums and cover increased at the end of every policy year
What are the qualifying periods?
A period during which, if the insured event happens and you submit and claim, it will not be paid. This period starts when cover starts.
There is a:
• 6 month qualifying period on Funeral Cover (natural death) – principal life assured and immediate family (spouse and children);
• 6 month qualifying period on Defined Debility Cover;
• 9 month qualifying period on Funeral Cover (natural death) – wider family;
• 9 month qualifying period on Funeral Cover (natural death) – parents; and
• 24 month qualifying period for suicide.
There is no qualifying period on the:
• Double Accident Benefit if death is caused by an accident
• Burial Repatriation Benefit
• Funeral Cover if death is caused by an accident.
Saving money for
those important
things in life is
something we should
all think about doing.
Let us help you
make the right choice.
DIY
Do your extended family’s
quote immediately!
OR
Let us advise you about the
best cover option
for your unique circumstances
DIY
Do your family’s quote
immediately!
OR
Let us advise you about the
best cover option
for your unique circumstances:
Family_anchor
employee_anchor
Do you have people working for you? Do you worry about their future and how they
will cope when they are faced with illness or death? And what if they need to relocate?
Would you be in a position to help them move?
Do you worry about them saving? Chances are that you are looking for a solution to
protect your employee’s family and perhaps your employees’ well-being and standard
of living.
DIY
Do your employee’s
quote immediately!
Let me advise you about the
best cover option
for your unique circumstances
Getting your money paid out quickly matters
my choice funeral range
Funeral Cover
Provides funeral
cover for you, your
spouse, your
children, parents
and wider family.
Burial Repatriation
Benefit
Provides transport
for the deceased
and offers additional
benefits relating to
the funeral.
Double Accident
Benefit
Pays an amount equal
to the Funeral Cover
amount if anyone
covered on the policy
dies as a result of
an accident.
No qualifying period
Grocery Benefit
Pays R1 000 towards
living expenses for 6
months if you or your
spouse dies.
Cash Back Benefit
/ Loyalty Benefit
Rewards you every
three years for
keeping your policy
active.
Escalations
Your premium and
cover will increase
every year to help
keep up with the rising
costs of living. The
cover will increase
based on premium
increase chosen.
Unemployment
and Pregnancy
Payment Holiday
Keeps your policy
active for up to
12 months without
paying premiums if
you become
pregnant
or unemployed.
Premium Paid-up
Pays premiums on
your behalf when
the life assured
reaches a certain
age.
Memorial Benefit
Pays R10 000 to help
you honour the
memory of a loved
one, for example a
tombstone.
This amount is paid
with your funeral
claim.
Memorial Benefit
Pays R10 000 to help
you honour the
memory of a loved
one, for example a
tombstone.
This amount is paid
with your funeral
claim.
No More
Premiums Benefit
– Death
No More
Premiums Benefit
– Defined Physical
Impairment
No More
Premiums Benefit
– Retirement
No More Premiums
Benefit
– Retrenchment
Your premiums will continue to be paid and all your loved ones who are covered by your
funeral plan will still be covered. These benefits can be claimed on your death, physical
impairment, retirement or retrenchment when certain conditions are met.
My Choice
Funeral range
provides individual cover for you, your
spouse, your children, parents and wider
family members, each paying a separate
premium.
Funeral range
Children
covered
for life
You pay a minimum of
R80 per month
you can cover up to22 people on your policy
My Choice Family
Funeral range
offers cover for your family as a package.
Family funeral range
Children
covered up
to age 25
You pay one premium for your family from
R58 per month
You can cover an unlimited number of
children on your policy
That’s why there is an optional Savings Benefit with any of the My Choice
Funeral range. You can save from R10 per month for 5 up to 15 years.
Should you pass away before the term ends, the money will be paid out
to the beneficiaries you have chosen.