Services

Secure your family's future with family protect funeral cover

When someone close to you dies, your usapho needs time to grieve in peace – not worry about money.

Why get Family Protect funeral cover?

TymeBank has joined up with Hollard so you can get an easy and affordable funeral policy that gives your family a much-needed pay-out when they’re at their most vulnerable.

All you need is a TymeBank account to get cover for yourself. You then have the option to add:

Your spouse
Up to 5 of your children (at 50% up to R20 000 per child)
Up to 2 of your parents

The Family Protect funeral policy also comes with a lot of extras like getting help with paying for groceries for 3 months, a death benefit paid out for 3 months, and a R250 airtime voucher.

Underwritten by Hollard Life Assurance Company Limited (Reg No. 1993/001405/06), a Licensed Life Insurer and an authorised Financial Services Provider.

What you need to know

You must be a South African citizen or a permanent resident
You must be between ages of 18 and 75

How much you’re covered for

	Package 1	Package 2	Package 3	Package 4	Package 5
Cover	10 000	15 000	25 000	35 000	50 000
Kids	25 000*	37 500*	50 000*	87 500*	100 000*
Grocery	n/a	4500*	6000*	10 500*	15 000*
Monthly assistance	n/a	9000*	12 000*	21 000*	30 000*
Airtime	Yes	Yes	Yes	Yes	Yes
Partner	10 000	15 000	20 000	30 000	50 000
Max cover policy	R45 000	R81 000	R108 000	R189 000	R245 000
From	R93	R106	R114	R138	R162

Above price excludes partner cover - this is at an additional premium.
*Denotes Max allowable benefit.

4 Funeral plans to choose from

Individual Funeral Cover

Main insured person
Cover from 10 000 up to 50 000 and additional benefits paid out on death
Cover of R5 000 is included for a stillborn baby who is born to the main insured person.
Age from 18 to 79 eligible
Premiums payable for life

Partner Funeral Cover

Main insured person’s partner
Can only be added (at an additional premium) if the Individual Funeral Benefit has been taken out
Cover amount is set equal to the Individual cover amount
Age from 18 to 79 eligible
Cover for the partner ceases when the policy ceases

Children Funeral Cover

Free cover for a maximum 5 children
Cover amount is equal to 50% of the Individual Funeral Cover amount, subject to a maximum of R20 000
Entry age of 0 to 20 years
Cover ceases on the earlier of the policy ceasing or on the 1st month after their 24th birthday.

Parents Funeral Cover

Main insured person’s parent(s)
Can only be added (at an additional premium) if the Individual Funeral Benefit has been taken out
Cover Amount is set equal to the Individual Funeral Cover Amount, subject to a maximum of R20 000 at an additional premium per parent
Age from 18 to 79 eligible
Cover for parents ceases when the policy ceases

Frequently asked questions

The Hollard Family Protect Funeral cover allows you to cover your parents based on the following guidelines:

Can add a parent under the Parent Funeral Benefit as the main insured person only.
A maximum of 2 parents are allowed to be covered at an additional premium for each parent added.
The Parent Funeral Benefit may only be added if the Individual Funeral Benefit has been taken out