Capitec Funeral Cover 2026 Review
In-app funeral cover from SA's largest unsecured lender. From R25/month, up to R100,000 cover per member, with no automatic annual premium increases. Apply in the Capitec app in minutes — pre-filled with your verified Capitec data.
Key features
- • From R25/month for entry-level cover
- • Up to R100,000 cover per member
- • No automatic annual premium increases — unusual in SA market
- • 100% in-app application — pre-filled with Capitec data
- • Standard 6-month waiting period for natural deaths; accidental cover immediate
- • Family policy options available
- • FSCA-licensed; underwritten by Centriq Life (verify current 2026 underwriter)
Frequently asked questions
How much does Capitec funeral cover cost?+
Premiums start from R25/month on the Capitec app for low cover amounts at favourable ages. Maximum cover is R100,000 per member. Family options scale up depending on number of lives. The R25 entry rate is the absolute floor — typical adult cover for R30,000 sits in the R55-R85/month range depending on age and family configuration.
Does Capitec funeral cover increase annually?+
No — Capitec markets the funeral cover with no automatic annual increases on premium. This is unusual in the SA market (Clientele and others escalate ~10%/year). Trade-off: cover also doesn't increase automatically, so the real value of R30,000 cover today is R15,000 in real terms after 18 years of CPI inflation. Worth periodically reviewing whether to top up.
Who underwrites Capitec funeral cover?+
Capitec funeral cover has historically been underwritten by Centriq Life. In 2026 there are reports of an underwriting transition — verify the current underwriter at application. The product remains FSCA-licensed and the consumer experience is unchanged.
How do I apply for Capitec funeral cover?+
Entirely in the Capitec app. Existing Capitec clients can apply in a few minutes with no documentation; pre-filled with your verified Capitec data. Cover commences immediately for accidental death; standard 6-month waiting period applies for natural deaths.
Important
This article is for general information only and is not financial advice. Figures and rules change frequently — always verify with the official source before acting.