As the year draws to a close, it’s easy to focus on holidays, family, and festive excitement. But before the celebrations begin, November is your reminder to take care of one powerful act of love — reviewing your funeral policy and ensuring your beneficiary information is accurate.
This simple check can prevent unnecessary stress, financial delays, or disputes later on — ensuring that your family gets the support you intended.
Solace funeral Insurance products are underwritten by Centriq Life Insurance Company Limited (“Centriq Life”), a licensed life insurer and authorised financial services provider, FSP No. 7370.
Many South Africans take out funeral policies with the best intentions but forget about them as time passes. Yet life is constantly changing — marriages, births, divorces, relocations, and shifts in income can all affect whether your current policy still fits your needs.
By reviewing your policy in November, you can:
✅ Keep your premiums up to date
The festive season brings spending spikes and office closures. Checking your payments early helps prevent accidental lapses that could interrupt your cover during the holidays.
✅ Confirm your beneficiaries
Your listed beneficiaries should reflect your current wishes. If relationships have changed, or children have grown up, now’s the time to update them so that the right people receive the right payout.
✅ Adjust your cover to match rising costs
Funeral costs in South Africa have risen sharply — with the average funeral now costing between R15 000 and R60 000, depending on location and traditions. If your policy was set years ago, your benefit amount may no longer be enough.
The Risk of Ignoring Policy Updates
Neglecting policy reviews can lead to serious setbacks:
Spending just one hour in November to check your details can prevent months of frustration and heartache later.
Beneficiary Checks: Small Details, Big Impact
Your beneficiaries are the heart of your policy — they ensure your legacy reaches the people you love most.
Here’s what to double-check:
• Ensure names and ID numbers are correctly listed.
• Update details after major life events like marriage, divorce, or the birth of a child.
• Inform your beneficiaries where to find your policy and how to claim.
• Keep copies of your policy in a secure, accessible place.
How Legal&Tax Helps You Get It Right
Policy reviews don’t have to be complicated — especially with Legal&Tax by your side.
Our expert legal advisors can help you:
💙 Beyond funeral cover, Legal&Tax clients also get access to value-added services — such as our medical advice line, trauma counselling, and wellness support — helping you take care of both your financial and emotional wellbeing.
By combining your funeral policy review with a broader look at your health and financial plans, you’re securing a safer, more stable future for your family.
Make Policy Reviews a Year-End Tradition
As you prepare for the holidays, make November your annual “family protection check-up.”
Reviewing your policies and beneficiaries each year keeps your cover relevant, your information accurate, and your loved ones safeguarded — no matter what life brings next.
Let’s help you review your policies and update your beneficiaries today.
Protect your loved ones with confidence this festive season.
💬 WhatsApp: +27 (76) 412 9990 (type "Hi" to start chatting)
☎️ Call: 0860 765 223
✉️Email: info@solacebenefits.co.za
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