The Hospitality Group Funeral Insurance Scheme has been specifically designed for the hospitality industry and is compulsory.

The continual increase in the cost of providing a dignified funeral has resulted in the need for cost effective funeral insurance. Most people cannot afford to pay the costs of a funeral from their savings, or cannot carry the costs until their insurance policies pay out. The Hospitality Group Funeral Insurance Scheme now offers you the opportunity to provide your employees with funeral cover to ease the financial burden when a member of their family dies.

 

ADVANTAGES FOR THE EMPLOYEE

ADVANTAGES FOR THE EMPLOYER  
 
  • Provides for a dignified funeral
  • Cash benefits are paid immediately
  • No evidence of health is required
  • Provides cover for
    • the employee
    • the employee's spouse
    • the employee's children.
  • A cost effective method of providing fringe benefits to employees
  • Creates a sense of security and lowers staff turnover
  • Claims are paid promptly
  • Administration is simple
  • Avoids requests for loans
 

 

BASIC COVER A cash benefit is payable on the death of a member, spouse or child before the member's normal retirement age of 65, provided that the relevant requirements are complied with.

 

  Age at death

Benefits

 
  Member and/or spouse, the last day of the month in which attains the age of 65 years
Children 14 years upto 21 years
Children 6 years and older but under 14 years
Children 1 year and older but under 6 years
Miscarriage from 26 weeks,stillborn and children less than 1 year old
Premium rate per member

R11 000

R11 000
R 5 500
R 2 750

R 2 750


R 25

 

WHO MUST JOIN?
All employers and their employees within the hospitality industry.

HOW TO JOIN?
Complete the application form below.

HOW TO CLAIM?
Complete the claim form below.