8 November 2024
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By taryn.gloyne@voxtelecom.co.za
What is a waiting period?
The Waiting Period for the Comprehensive Family Funeral Plan is the period subsequent to the entry date and stipulated in &...
<span style="font-weight: 400;">The Waiting Period for the Comprehensive Family Funeral Plan is the period subsequent to the entry date and stipulated in the policy schedule, in which no benefits to a Main Member or any of its Dependents’ or Extended Family members will be paid.</span>
<strong>Waiting periods:</strong>
<span style="font-weight: 400;">-</span> <span style="font-weight: 400;">Waiting periods apply to all new policies</span>
<span style="font-weight: 400;">-</span> <span style="font-weight: 400;">Waiting periods apply when updating your existing policy to a higher cover and premium (only to the difference between your current cover amount and the new higher cover amount.)</span>
<span style="font-weight: 400;">-</span> <span style="font-weight: 400;">Waiting periods apply to newly added extended members to existing policies</span>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Natural death – 6 consecutive months from commencement date, subject to 6 consecutive months premium received prior to death;</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Accidental Death – cover is immediate, subject to 1st months premium being received prior to death; </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Suicide - 12 consecutive months from commencement date, subject to 12 consecutive months premium received prior to death.</span></li>
</ul>