Funeral benefit


If you have lost a loved one, you’ll know that it’s hard to focus on what needs to be done in your time of grief.


You might also not be able to cover the unexpected cost, an added worry while you are in distress. Jet Club is here to help ease with the financial burden.

5000.00 CASH PAYOUT

  • When a member passes on, we make a cash payout of 3 500.00. For a member’s partner, we pay out 1 500.00 in cash.
  • Payout is done at any Jet store within 48 hours of approval.

"I was 17 when my grandmother passed away,” writes Club member Liziwe. "She was the breadwinner. She used to make sure that every month I had money for toiletries and that my hair looked clean for school. The day she passed away, I felt so alone. I asked myself what I was going to do since I had to complete matric. However, my grandmother was part of the amazing Jet Club family, and her Funeral Benefit payout helped us so much in our time of grief. Today, I am 26 and I am also a Jet Club member, and I have peace of mind knowing that Jet can come to my kids’ rescue one day. Thank you, Jet Club! We contribute a small amount for the benefits but they make a huge and life-changing difference."

WHO CAN CLAIM?

If the main member passes on, the following people may claim:
  • The legal partner
  • Next of kin such as a parent, adult child, brother or sister. We’ll need an affidavit confirming the relationship for parents and adult child. A court letter of authority is needed for brothers and sisters.
  • Family not directly related must have a letter of authority from the court, as well as the estate banking details.
  • If the legal partner passes on, only the account or policyholder may claim.

HOW TO CLAIM

  • Claim at any Jet store with the relevant account card
  • Claims must be submitted within 12 months of date of death and all legal documentation (see below) must be submitted with the claim
  • There is a three-month waiting period for cover to come into effect (must be a Jet Club member for 3 consecutive months and have paid 3 consecutive premiums)
  • The account must be up to date at date of incident/death
  • Cash payout is within 48 hours of approval of a valid claim and receipt of all valid documentation
  • The funeral benefit will be paid in the currency of the country that the Jet Club member resides in

DOCUMENTS YOU NEED

  • Death certificate.
  • Notification of death BI 1663 (SA only).
  • The deceased’s ID book and the claimant’s ID book.
  • Certified copy of the affidavit with relationship status.
  • Marriage certificate, traditional marriage certificate or affidavit stating the relationship status if the partners had different surnames or if marriage certificates are not available.
  • Non-direct family need a court letter of authority to claim.
  • For death by unnatural cause, a police report is required.

QUESTIONS AND QUERIES


Jet Club is there to support you in your time of grief.

Underwritten By Hollard Life Assurance Company Limited (Reg. No. 1993/001405/06), an Authorised Financial Services Provider. Edcon is a juristic representative of Hollard. 

Funeral benefit Funeral benefit Reviewed by Jet Club Magazine on June 06, 2019 Rating: 5

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