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How does the new Two-Pot Retirement System work?
Watter voordele is ingesluit in my mediese fonds plan?
Can you explain how my contributions to my retirement fund are invested?
Legal name
Alternative name
Founded year
Number of employees
21-50
Company type
Corporation
Industry
Area served
hennie@molo.page
Phone
0718607703
Website
https://molo.page
27607187053
Molo Call Centre
16 Apr 2025
Group life vs. funeral cover: know the difference
Many employees confuse these two policies. Here’s the breakdown:
Group life cover
- Pays out 3–5x salary
- Covers natural & accidental death
- Beneficiaries can be anyone
Funeral cover
- Pays fixed amount (e.g., R50 000)
- Covers death + some funeral costs
- Usually restricted to family members
When to top up: If group life is insufficient for debts (e.g., a home loan), buy a separate policy.
Next steps
- Review your cover on the portal’s “My Policies” page.
- If you would like to discuss this in more detail, book your free 45-minute session with me today using the Contact button above.
Molo Call Centre
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