Why AVBOB? AVBOB is a Mutual Assurance Society so we don’t pay bonuses to shareholders, only to our policyholders.
Over the last 8 years, we’ve paid more than R 4,6 billion in special bonuses to policyholders. AVBOB policyholders who
use AVBOB funeral services also receive exclusive benefits* including:
A FREE basic funeral if the policy is two years or older*;
FREE transportation of the deceased within the borders of South Africa*
R1 000 cash upfront for initial expenses
Plus, you also get a 15% addition to the sum assured on the main life, which may be converted into a six month Retrenchment Benefit.
These benefits are over and above the full policy value
*These FREE funeral benefits are subject to certain terms and conditions.
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With an AVBOB Cashback Funeral policy, not only will you be saving for the expenses of a funeral but
after every consecutive 5 years of not claiming, we’ll give you your fifth year’s premiums back in cash.