The Hospitality Group Funeral Insurance Scheme has been specifically designed for the hospitality industry and is compulsory for parties.
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 Employees
Provides for a dignified funeral
Advantages for Employers
A cost effective method of providing fringe benefits to employees
Benefits are paid timeously
Creates a sense of security and lowers staff turnover
No evidence of health is required
Claims are paid promptly
Provides cover for:
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
|Member and/or Spouse, the last day of the month in which attains the age of 65 years
Children 14 years upon 21 years
Children 6 years and older but under 14 years
Children 1 year and older but under 6 years
Miscariage from 26 weeks, stillborn and children less than
1 year old
Premium rate per member
|R 15 000.00
R 15 000.00
R 7 500.00
R 3 750.00
R 3 750.00
Who Must Join In?
All employees under the age of 65 years who fall within the Bargaining Council for The Fast food, Restaurant, Catering & Allied Trades’ scope and sector.
How to Join?
Forms and Requirements
How to Claim?
For more Information click the link below
*All Departments can be reached on the same line.