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Funeral cover
terms and conditions
Cover is applicable to all Nedbank account holders.
There is a waiting period of two (2) months on all members to be covered under this scheme.
If a premium is not received within the month in consideration, there is no cover.
A completed claim form is required to claim.
Premiums are paid monthly in advance.
Cover ceases when the member ceases to be an account holder.
Cash-in-lieu of services will be available after two (2) of the policy being in force.
If you want to add other dependents or your family– Kindly visit any of our branches for assistance.
The Package is as follows: Lite Package
Flat Lid Casket
Toyota Hilux Hearse
USD100 Cash Pay-out embedded in the plan
Option for 100% Cash-in-lieu of Service available at claim stage
Gravesite Equipment
Standard service (Casket, Hearse, Cash, Removal, Documentation etc)
The premium/cost per month is just USD1.00
Data Requirements
The bank is to supply data electronically in excel to the insurer on a monthly basis in terms of existing and new account holders.
The details to be captured per each account holder are as listed below:
Surname and forename(s)
Date of birth
National Identity number
Account number
Date of entry
Insurance premium
Bank commission
Claim Documents
A completed and authorized claim form is to be submitted by the bank, together with a burial order – in the event of the claim being in the form of cash-in-lieu of services. Name of beneficiary and his/her bank account details or cell number where payment is to be through mobile phone. Otherwise, if it is just the end-to-end services call the following numbers Bulawayo +263782702135 and Harare +263782702115
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