Welcome to the Molo Nominate My Beneficiary AI agent! I'm here to guide you through the process of updating your beneficiary and nominee details. Feel free to ask me any questions anytime. Let's begin!
Start nominating a beneficiary to receive my funeral or death benefits?
I'm new to this. Can you walk me through the process of nominating a beneficiary?
What information do I need to update my beneficiaries?
Number of employees
Prefer not to say
Company type
Other
hennie@molo.page
Phone
0718607703
Molo Nominate My Beneficiary
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 Nominate My Beneficiary
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