Please answer the following questions regarding funeral cover benefits: Select the statement that is correct regarding the Cash Back benefit. If the life assured dies in an accident, the triple accide

Here are the answers to the questions:

14 of 18
Select the statement that is correct regarding the Cash Back benefit.

• The first 6 premiums in each 3-year period are paid. ✅ Correct A common structure for cash back benefits in funeral plans is that an amount equivalent to a certain number of premiums (e.g., 6 premiums) is returned to the policyholder after a set period (e.g., every 3 years).

15 of 18
If the life assured dies in an accident, the triple accident pays a sum that is twice the Funeral Cover amount.
❌ False
A "triple accident" benefit would imply a payout of three times the funeral cover amount. If it pays twice the funeral cover amount, it would be a "double accident" benefit.

16 of 18
Select the statement that is correct regarding the Burial Repatriation cover.

• The cover can be used if the place of burial falls outside the Republic of South Africa. ✅ Correct The primary purpose of Burial Repatriation cover is to cover the costs of transporting the deceased's remains from the place of death to their home country or a specified burial location, especially when it is outside the country where the death occurred.

17 of 18
Select the statement that is incorrect regarding the Savings Benefit.
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