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Funeral policies possess a long history and indeed a convention in South Africa. Families in the past believed undoubtedly in funeral policies and would obtain their month-to-month stamp (policy premium) consistently and paste it into their funeral book which was safely and securely set aside again.

These days, we have contemporary systems putting an end to the necessity for stamps and books and funeral policies on their own already went through some transformation, to be more extensive in options and cover. The requirement for funeral policies also remains as important today, as it was way back when. What has also changed is the expense of funerals. A fairly basic funeral nowadays will cost at the very least R10 000. Funerals, in the African custom, being big affairs often exceeding a day in duration, may cost much more money, if the funeral goers have to be fed and lodged, placing undue strain on family to foot the bill in the eventuality of there not being funeral policies to fall back onto to. Funeral policies are inexpensive and are available from as little as R38 per month, which will buy you funeral cover of R10 000. So, there is little reason for people not to have funeral policies, even at the level of R38 per month. Should families have the ability to afford it, a family policy really should be taken out covering the main covered person as well as the rest of the family. This is fairly affordable, but holds large benefits to the family. Should the main policy holder die, the surviving spouse and children may apply to the insurer to make the policy paid up. This means payments will fall away, but the policy advantages stay in place for the life span of the remaining policy holders with some restrictions on the age of such policy holders.You can also find other options that could be practiced in funeral policies, like an optional payout for the tombstone to be erected or the attachment of a life policy to the funeral policy. It is fully worthwhile in researching the different policies made available from the different insurance companies to learn wherever possible of the different permutations accessible to you.

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