Our Plans
Swibasa Financial Services is a trusted provider of funeral and life cover solutions designed to meet the needs of individuals, families, and communities. With a deep understanding of local needs, we offer flexible and affordable plans that ensure financial peace of mind during life's most difficult moments. Our commitment is to provide reliable service, compassionate support, and comprehensive cover options that truly protect what matters most. Explore our range of plans tailored for every stage of life.
Swibasa PlusPlan
| Plan | AGE GROUP 0-84 YEARS | R5 000 | R10 000 | R15 000 | R20 000 |
|---|---|---|---|---|---|
| 1+5 Plan | Policy holder + 5 Extended Family Members | R140 | R280 | R420 | R560 |
| 1+9 Plan | Policy holder + 9 Extended Family Members | R200 | R340 | R480 | R620 |
| 1+13 Plan | Policy holder + 13 Extended Family Members | R250 | R390 | R680 | R920 |
Family Plan
| Age Group | R10 000 | R15 000 | R20 000 |
|---|---|---|---|
| Premium per month | |||
| 18-64 years | R160 | R180 | R200 |
| 65-74 years | R240 | R260 | R280 |
| 75-84 years | R300 | R320 | R340 |
Single Parent Plan
| Age Group | R10 000 | R15 000 | R20 000 |
|---|---|---|---|
| Premium per month | |||
| 18-64 years | R140 | R160 | R180 |
| 65-74 years | R200 | R240 | R260 |
| 75-84 years | R280 | R300 | R320 |
Couple Plan
| Age Group | R10 000 | R15 000 | R20 000 |
|---|---|---|---|
| Premium per month | |||
| 18-64 years | R120 | R140 | R160 |
| 65-74 years | R180 | R200 | R220 |
| 75-84 years | R240 | R260 | R280 |
Individual Plan
| Age Group | R10 000 | R15 000 | R20 000 |
|---|---|---|---|
| Premium per month | |||
| 18-64 years | R100 | R120 | R140 |
| 65-74 years | R160 | R180 | R200 |
| 75-84 years | R240 | R260 | R280 |
Extended Plan
| Age Group | R10 000 | R15 000 | R20 000 |
|---|---|---|---|
| Premium per month | |||
| 18-64 years | R80.00 | R120.00 | R160.00 |
| 65-74 years | R180.00 | R220.00 | R260.00 |
| 75-84 years | R250.00 | R300.00 | R350.00 |
Children Benefits
| Age Group | Benefit Percentage |
|---|---|
| 14 – 21 years | 100% |
| 6 – 13 years | 80% |
| 1 – 5 years | 50% |
| 0 – 11 months | 30% |
| Stillborn | 20% |
Grocery Plan
Terms and Conditions
Maximum Entry Age: The maximum entry age for Principal Members and all dependents is 84 years. Coverage cannot exceed the total allowed under each product. This policy is only available if you are over 18 years of age and not older than 84 on your next birthday.
Important Note: Principal members are not allowed to replace deceased members. Coverage is based on the total sum insured, and adjustments are not allowed post-claim.
Insurable Interest: All insured persons must be directly related to the principal member or policy payer. The principal must have an insurable interest in each insured individual.
Waiting Periods: A 6-month waiting period applies to natural causes. A 12-month waiting period applies in the case of suicide. There is no waiting period for claims resulting from an accident.
Grace Period: A one-month grace period is granted for late premium payments. If payment is missed for two consecutive months, the policy will lapse and no benefits will be paid.
Premium Payments: Cover will only commence after receipt of the first premium. All payments must be made in South African Rand into a valid South African bank account.
Claims: Claims are paid within 48 hours after receiving all necessary documentation. No pre-existing health conditions will be penalized at claim stage.
Full policy documentation will be provided upon acceptance and activation.
Banking Details
Account Type: GOLD BUSINESS ACCOUNT
Account Number: 63147125735
Branch Code: 255355 | Branch Name: MY BRANCH
Swift Code: FIRNZAJJ
Date Opened: 2025-03-19
Bank: FNB
