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Social Grant beneficiaries need to sign Funeral Insurance mandates

Mar 6, 2019
Social Grant beneficiaries need to sign Funeral Insurance mandates

500 000 Social Grant Beneficiaries Need to Sign Funeral Insurance Mandates to avoid termination.

The South Africa Social Security Agency (SASSA) is urging all social grant beneficiaries who have Funeral Policies to visit their nearest offices to request SASSA to facilitate the payment of premiums for their funeral policies directly from their social grants.

SASSA spokesperson, Paseka Letsatsi said Beneficiaries can be able to do that on one condition that the request meets the requirements as set in the Social Assistance Act.

Beneficiaries are urged to do this as soon as possible to ensure that they retain their policies.

“Approximately 500 000 beneficiaries with these policies still need to visit SASSA offices to complete forms confirming that SASSA can continue processing the deduction off their social grants.

“A funeral policy premium is the only deduction that is allowed to come off a social grant before the grant is paid to the beneficiary,” Letsatsi described.

Failure to sign SASSA forms may lead to termination of the deductions

On behalf of SASSA Letsatsi said that failure to visit SASSA to sign the authorising forms may lead to SASSA terminating the deductions.

“This may result in the policy lapsing as a result of failure to pay it. If the premium is not paid consistently the insurer may refuse to pay a claim in the event of the death of a beneficiary, which will cause hardship to their families.

“This affects only those beneficiaries who have funeral policy premiums deducted from their social grant. Those beneficiaries without such deductions need not approach SASSA for this purpose.”

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