AVBOB sets itself apart from all other Groups in South Africa by offering products and services that are tailored to the needs of our clients. AVBOB will take care of all your funeral insurance needs ensuring you peace of mind in your golden years.
As a Mutual Assurance Society, AVBOB doesn’t have shareholders, only policyholders. Being part of the AVBOB family of policyholders means that a portion of our surplus profits go to our policyholders in the form of special bonuses and free funeral benefits. On 01 July 2016 AVBOB declared a bonus of R1,0 billion to policyholders, which brought the total over the past nine years to R6,5 billion. The declaration included further enhanced free funeral benefits and a 15% special bonus on the sum assured on the main life. This essentially means that policyholders get more value for money. All these great benefits come at no additional cost to our policyholders.
In our previous article, the Pensioners Insurance and Senior Citizen Insurance were discussed. In addition to these two popular products AVBOB would like to share information on another value for money product.
The Zonke Bonke cover is an affordable product that offers a single-life policy for individuals who are between the ages of 66 and 85. The minimum sum insured on this cover is R3 000, with the maximum cover being R20 000. Premiums will be determined according to the amount of cover the insured chooses. Zonke Bonke policyholders also qualify for special bonuses and free funeral benefits.
Special bonus: The sum insured of the main life insured will increase with 15% at death for a policy that was in-force for twenty-four (24) months and longer.
Free funeral benefits: The Zonke Bonke policy qualifies for a discount of 15% with a maximum of R4 000 on the coffin and service fees, provided that the funeral is conducted by AVBOB.
AVBOB offers the entire spectrum of funeral products and services under one roof, making us a ‘one-stop shop’ for professional service and quality products. Families can have peace of mind knowing that their loved one will have a dignified send off from a leading funeral service provider that has been in existence for close to 100 years and offers their “one-stop shop service with representatives available 24 hours a day for assistance. AVBOB also provides 24-hour funeral service assistance and free 24-hour bereavement counselling for families that make use of AVBOB’s funeral service.
AVBOB, we’re here for you.
AVBOB website: www.avbob.co.za/
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