The Greenlight Final Expenses Benefit offers accessible cash on the death of the life covered, which can be used to cover final expenses such as relatives travelling to the funeral, clearing debts and the funeral itself.
Features and Benefits
- The range offers you the choice to include your partner, your biological or legally adopted children and up to four extended family members, including your parents.
- Claims are generally paid within 48 hours.
- The minimum payout depending on the benefit selected is R5000 and the maximum R100 000.
- You can opt to pay monthly or annual premiums via debit order or monthly premiums via stop order.
- To ensure your investment keeps pace with inflation, the Greenlight Final Expenses Benefit has a Compulsory Annual Premium Increase facility.
- The minimum entry age (excepting for the child or nominated child benefit) is 15.
- Each of the Greenlight Final Expenses Family Benefits must be sponsored. The Sponsor is someone who has Greenlight Life Cover that has been fully underwritten for a Greenlight Final Expenses or Death Benefit.
- As a Greenlight Final Expenses client, you have access to the Greenlight CARE 4U service that provides 24hr access to information, advice and services in the following risk-related areas: healthy living, emergencies, work (disability and retrenchment), death and bereavement, counselling as well as legal advice and service.