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Dec 12, 2024
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The Importance of Employee Benefits

Offering meaningful employee benefits has become essential for companies looking to attract and retain top talent. Group funeral plans provide financial security to employees by protecting their families from unexpected costs. This kind of support builds trust and loyalty within the workforce. With Bona Life’s Thebe Funeral Plan, companies can offer reliable group coverage, ensuring employees and their loved ones are financially protected when it matters most.

The Value of Group Funeral Plans

Group funeral plans are cost-effective ways for companies to enhance their employee benefits package. They provide:

  1. Financial Protection: Employees’ families receive timely support to cover funeral expenses in times of loss.
  2. Ease of Mind: Employees know their families are protected with designated beneficiaries, providing security even in their absence.
  3. Affordable Group Rates: Group coverage allows employers to offer benefits at a lower cost, ensuring wide access.
  4. Support During Difficult Times: Fast payouts ensure families can focus on grieving without financial stress.

Why Thebe Funeral Plan is Ideal for Employers

The Thebe Funeral Plan offers tailored group funeral coverage, meeting the needs of companies and employees. Key features include:

  1. Affordable Premiums: Coverage starts from as low as P88 per employee per month, ensuring businesses of all sizes can offer the plan.
  2. 48-Hour Payout Promise: Claims are processed within 48 hours, guaranteeing employees’ families receive timely support.
  3. Flexible Group Options: Companies can choose coverage levels that fit their workforce and budget.
  4. Beneficiary Designations: Employees can assign beneficiaries, ensuring the payout goes to the intended recipient.

Benefits of Offering Group Funeral Plans to Employees

  1. Improves Employee Satisfaction: Employees feel valued knowing their families are protected, enhancing workplace morale.
  2. Attracts and Retains Talent: Offering comprehensive benefits positions companies as employers of choice, attracting top candidates.
  3. Strengthens Company Culture: A group funeral plan reflects a company’s commitment to employee well-being, fostering trust and loyalty.
  4. Reduces Stress in Times of Loss: Employees and their families are assured that Bona Life’s fast payout will alleviate financial burdens during difficult times.

Secure Your Employees’ Futures with the Thebe Funeral Plan

Providing your workforce with group funeral coverage is more than just a benefit—it’s a commitment to their well-being. The Thebe Funeral Plan offers fast, affordable, and reliable coverage that ensures employees and their families are financially supported during urgent times. Investing in group funeral coverage not only builds trust and loyalty but also positions your business as a leader in employee care.

Explore the Thebe Funeral Plan for group coverage today and give your employees the peace of mind they deserve.

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How do I make amendments to my policy?

Fill out an amendment form supplied by Bona Life, and attach relevant supporting documents based on the nature of the amendment. For example:

  • Addition of a child to policy – birth certificate
  • Change of name- marriage, divorce decree or affidavit
  • Change of bank- new banking details 
How do I get my statement for my investment or savings policy?

Send a request to client service team via the various touchpoints (walk-ins, email, Whatsapp, Facebook, telephone) to prepare a policy valuation. Policy valuation will be shared via your preferred medium.

How do I cede my policy for a loan?

Send a request to cede policy to Bona Life and on confirmation of policy status, you will complete a cession form. Attach the KYC forms and policy documents will be prepared showing the cession. This is what you will take to the bank to complete the cession.

How do I surrender my investment or savings policy?

Submit KYC documents, Complete surrender form, write surrender letter & attach bank statement for account that the money will be deposited to.