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How does the new Two-Pot Retirement System work?
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Company information
Legal name
Alternative name
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Number of employees
21-50
Company type
Corporation
Industry
Area served
Contact information
hennie@molo.page
Phone
0718607703
Website
https://molo.page
27607187053
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Other
Healthcare
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Enterprise
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Goverment
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Healthcare
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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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