A funeral benefit is payable from the fund in the event of the death of a member, spouse or a child. The benefit payable is as follows.
|Spouse (regardless of number)||R40 000|
|Children aged 14 to 25 (children aged 21 to 25 proof of study will be required)||R40 000|
|Children (aged 6 to 13)||R25 000|
|Children (aged 1 to 5)||R15 000|
|Children younger than 1 year||R15 000|
The funeral benefit of R40 000 is also payable when a member who exited the Fund through retirement dies.
The Fund offers a Family Assistance Benefit (FAB) through its Group Risk Benefit service provider, Momentum, which can be accessed 24hours/365 days a year that provides invaluable support to members during traumatic life events.
All these services are available to the member and immediate family including spouse, children, parents and parents-in-law.