Overcoming the age barrier

JSe-listed Telkom has a market capitalisation exceeding R20-billion, has been around for over 100 years and says beneficiaries can be sure it will be around to settle a claim when that time comes.

“Our funeral cover is transparent and very competitively priced, especially when it comes to cover for extended family members,” says Telkom’s Sibusiso Ngwenya, managing executive, financial services. “The maximum age at entry is 74 years old and premiums are not age-based. This should be a serious consideration when taking out funeral cover.

“Accidental death pay-out is double the cover amount for the main member and the spouse.”

Ngwenya says Telkom cover has five cover options to choose from, including the option to repatriate loved ones to their countries should they die away from home within South Africa.

“We are bringing innovation to this particular sector of the insurance industry, including website-based self-service options,” concludes Ngwenya.