Life is precious and so very short. Making plans surrounding our own death, or even the death of our loved ones is daunting. It is essential, though, that we take the necessary steps to prepare for all possibilities. This will simplify life for those left behind when we die. When we lose someone close, there is much to plan for and do before mourning can even be considered, and our insurance policies make this process much easier. While our focus is funerals, we at AVBOB also believe in celebrating life, which is why so many of our loyal members enjoy a tailored cashback policy. This means that you get to use and enjoy your cash payout as you see fit.
Members who apply for a Cashback Funeral Policy will qualify for a cash payout. Policyholders who are claim-free for five years consecutively will receive their fifth year’s premiums back – in cash. This cash payout can be drawn, and members are free to use it for those everyday bills or their personal savings. The payout can also be added back into the plan to increase one’s cover. With the cashback option, you qualify for FREE funeral benefits when AVBOB is the designated funeral conductor.
This whole-life policy allows members to insure themselves and their entire family – including parents-in-law and extended family members. Another benefit of the plan includes that should the policyholder be retrenched, we offer a six-month premium holiday. To receive the payout, all 60 premiums (12 premiums per year for five years) must be paid in full for the entirety of the five years.
When AVBOB FUNERAL SERVICE LIMITED is chosen to conduct the funeral, policyholders of the cashback plan will receive FREE benefits, which include:
These benefits apply to members who have been covered by the policy for 24 months or more. Policyholders who have been covered for less than two years will still receive discounts on their funeral services through AVBOB.
There are several benefits that we offer to various members, from the policyholder to the children and extended members of the family.
The above benefits are all subject to our Terms and Conditions. For more on the limitations and exclusions of these cashback benefits, be sure to contact AVBOB today.
Applying for the AVBOB Cashback Funeral Plan is easy, and all you need to do is click here.
For further information about the AVBOB family and AVBOB Funeral or Life Cover, there are many ways to get in touch: