Funeral Cover & Insurance

Ackermans is so much more than clothing, accessories, textiles and cellular – we offer you financial benefits and insurance too! With any of our plans, detailed below, you can enjoy more peace of mind – for less.

Family Protector Plan

R4995

For just R49.95 per month, you can cover yourself and your family with the R10 000 Family Protector Plan. This plan provides up to R93 000 cover for the whole family, including a total sum of R3 000 paid in 6 equal instalments. Available for South African citizens only.

Insured Life Funeral Benefits Accidental Death Benefit
Main Insured Person & Partner R10 000 R10 000
Children (Age 14-21) R10 000 Not Applicable
Children (Age 6-13) R5 000 Not Applicable
Children (Age 1-5) R2 500 Not Applicable
Children (Age 0-1/Stillborn) R1 250 Not Applicable

Family Protector Plan Plus

R8995

For a higher level of cover, we offer a R20 000 Family Protector Plan Plus, which pays out up to R194 400 for the whole family

Insured Life Funeral Benefits Accidental Death Benefit
Main Insured Person & Partner R20 000 R20 000
Children**
Age 14 to 21 R20 000 Not Applicable
Age 6 to 13 R10 000 Not Applicable
Age 1 to 5 R5 000 Not Applicable
Age 0 to 1/Stillborn R2 500 Not Applicable

Added benefits include:

  • Total benefit of R14 000 paid in 12 equal monthly instalments
  • Up to 20% money back on premiums (after every 5 years)
  • Maximum of 6 premium waivers over 3 years in the case of hospitalisation

Both plans also offer you benefits:

  • Acceptance is guaranteed subject to eligibility, age and citizenship.
  • No medical examination
  • Lifetime cover
  • 200% Accidental Death benefit
  • Tax-free cash death benefit
  • No waiting period to claim for accidental death

When claims are made for death by natural causes, a 12-month waiting period will apply. Up to 5 dependant children are covered up to the age of 21, or 25 if they’re full-time students or mentally or physically disabled.

If You're A Club Member and Already Receive Funeral Cover

You can still take out a plan that will add to the cover you have for yourself and your family (up to 5 dependants).

Download the Family Protector application form now complete and fax it to 0865 060 003, or scan and email it to ackermans@finrite.co.za along with a copy of your ID. Alternatively, you can simply take it to your nearest Ackermans store along with your ID book and a friendly staff member will fax your application for you!

Ackerman's Personal Accident Insurance

Different Plans/Options Premium per Month Insured Lives Death Cover
Individual Personal Accident R39.50 Main Insured R25 000
Family Personal Accident R49.50
Main Insured
Partner
Children
(6 months*-5 years)
(6–13 years)
(14–21 years)
R25 000
R25 000
 
R10 000
R12 500
R12 500
Family Personal Accident Plus R75.50
Main Insured
Partner
Children
(6 months*-5 years)
(6–13 years)
(14–21 years)
R75 000
R75 000
 
R10 000
R30 000
R37 500

Additional benefits include:

  • Upon accidental death, R6 000 paid in 6 equal monthly instalments over 6 months.
  • 200% accidental death benefit for public communters. (Fatal accidents on public transport covered).
  • Accidental Disability cover (see table below)
  • Up to 5 children can be covered under the Personal Accident Plans.
  • Unmarried dependants are covered up to the age of 21, or 25 if they are mentally or physically disabled, or studying full-time
  • The law limits death benefits to:
    • R10 000 for children under the age of 6 years
    • R30 000 for children 6–14 years
  • No medical examination
  • Add this service to your Ackermans account
Accidental Disability
the following will be paid out in the event of claims
Loss or loss of use of
    Two limbs
  • One limb
 
  • 100%
  • 50%
Loss of loss of use of
  • Both hands or both feet
  • One hand or one foot
 
  • 100%
  • 50%
Loss of sight in
  • Both eyes
  • One eye
 
  • 100%
  • 50%
Loss of hearing in
  • Both ears
  • One ear
 
  • 100%
  • 50%
Loss of speech 100%
Loss of four fingers on one hand 25%
Loss of thumb (whole thumb) 25%

Accidental Disability Benefit:

  • This benefit covers permanent disability caused by an accident
  • If you become disabled because of an accident, then a percentage of the accidental death benefit will be paid (see table above for calculation)
  • The Individual Plan will only cover the main person who is insured
  • A deferred period of 6 months applies to the Disability Benefit for each member who is insured.

Hollard Life Assurance Company Limited is a registered insurer and authorised financial service provider. Terms and conditions apply.