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, getting 10% of your premiums back every 6 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 1Package 2Package 3Package 4Package 5
Cover 10 000 15 000 25 000 35 000 50 000
Kids25 000* 37 500* 50 000* 87 500* 100 000*
Groceryn/a 4500* 6000* 10 500* 15 000*
Monthly assistancen/a 9000* 12 000* 21 000* 30 000*
AirtimeYes Yes Yes Yes Yes
Partner10 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

See how much more you get

Frequently asked questions

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