Funeral Insurance

Burial Societies

We offer referral fees for introducing burial societies. (Terms & Conditions apply)

The African communal way of living have given rise to Burial Societies, the oldest form of assistance to bereaved families. Initially the asisstance was less monetary and more manual labour. The model and the system has since evolved and as of now, monetary assistance to the bereaved family has taken centre stage followed by manual labour.

Ramaph has over the years studied and familiarised ourselves with the model as well as the operating systems of Burial Societies. Our sustained close proximity to Burial Societies, Social Clubs and Stokvels has taught us valuable lessons, which informed our approach in enhancing their model and systems.

We pride ourselves in achieving the following:

• Increased the monetary benefits of the members.
• Our model has ensured that Burial Societies are financially sustained.
• Burial Societies are able to build financial reserves to start saving and later invest (irrespective of the number of deaths they have).

Minimum Requirements

• Minimum number of Main Members - 10.
• Bank Account in the name of the Group.
• In case of Employers, no Bank Account is required.

It is our considered opinion that we always present to the general meeting of a Burial Society and Stokvel for each member to ask questions and be familiar with the Terms and Condition as well as all the relevant processes before joining. Please complete the below no obligation request for a presentation.

Individual Family

The product focuses on the working class earners - the economic core of South Africa. They are progressive in their outlook, open to new experiences and eager to explore.

They do not want to be dictated to, but are eager to explore any avenue that seeks to improve and enhance their living conditions. Due to their high mobility, flexibility on how pay their premiums: debit order, direct bank deposit, EFT and or Persal (government stop order) is key.

The products are competitively priced, benefits ranging from R7 500 - R50 000, some with grocery and airtime benefits while repatriation is standard. Extended families and children over 21 are also eligible for cover at no extra cost.

Compulsory: Employer Group Funeral Cover

It takes at least three to five years for SMME's to be financially stable to offer a full suite of employee benefits.

Due to lack of capacity and the high cost of effecting proper administration, most SME's shy away from providing basic benefits to their employees.

Ramaph has developed expertise to manage funeral insurance benefits for employers with a minimum of ten employees.

Our services range from member sign-on, raisng of premium, reconciliation up to and including claim management.

Depending on the size of the group, needs and affordability, Ramaph is able to tailor-make a funeral insurance cover to include amongst others, parents, in-laws, adult children and even extended families like brothers, sisters, aunts and uncles.

Employees who are covered with Ramaph will also be legible to participate in our group savings and investment programmes.

We can definitely reduce the burden of "Black Tax" on your employees.