Life insurance is not just about providing for family when you die. Think about the following:
Is your family dependent on your income? What happens if you lose your job, become disabled or critically ill?
We offer individual financial consulting and intermediary services to discuss aspects such as:
Critical illness cover
Temporary disability, and/or
What happens if you do die?
We provide accidental death cover, credit life cover and life cover.
We take care of family funeral plans, funeral arrangements and repatriation services.
Does your business have the regulatory required contingency plans in place?
We provide professional legal services and financial advice on:
Buy and sell agreements
Key man insurance
Professional indemnity cover
Are you a company that want to offer your employee group scheme benefits?
We also provide consulting on:
Employee benefits and intermediary services
Group retirement funds
Group funeral assistance and benefit schemes
Group risk cover such as disability and severe illness
We have broker mandates with preferred providers such as Metropolitan, Momentum, Old Mutual, Sanlam, Discovery, Liberty, FMI, Capital Legacy and Altrisk.
Vital Funeral Scheme
Vital’s Funeral Cover is not what you might come to expect. We know that financial concerns are first and foremost on your mind when a loved one passes away, but from experience, we also know that many other factors needs to be taken care of.
Our funeral cover automatically includes the following benefits:
Funeral cover for the individual:
Main Member with maximum entry age is 55
Parents and Parents-in-Laws up to a maximum entry age of 85
Extended family to a maximum of 8 family members
Funeral cover for groups:
Member and Life Partner
Personalised funeral cover
We all want to show love and respect when a loved one passes away by being able to pay for a dignified funeral. This can be expensive. We may need to pay for the coffin, mortuary, funeral service, catering, travelling, flowers and tent hire. The Funeral Cover provides peace of mind for you and your family during the times of need by providing financial assistance to cover your funeral cost.
Factors that drive demand for and impact on funeral service provision
The following main factors drive demand for and impact on the provision of funeral services and its related financial services in South Africa:
The social and psychological presence of death
The value of a dignified funeral -particularly in the African communities
Difference in culture -for example, the funeral of a person from the Muslim faith will differ vastly from the funeral of an indigenous African
Funeral insurance is "bought and not sold"- the decision to buy a funeral product does not need persuasion • Multiple forms of funeral cover and providers per person- savings, policies, credit, etc.
Insensitivity to prices (especially in urban areas) • Differences between urban and rural users.
The Vital Funeral Desk will provide you with a solution to meet your needs.