Provider reviews
Capitec Funeral Cover
By Lindiwe Khumalo · 6 min read · Updated 24 June 2026
- Underwriter
- Sanlam (sold by Capitec Bank)
- Typical cover
- R10,000 to R100,000 per life
- Typical premium range
- From around R50 to R400+ a month
- Waiting period
- Usually 6 months for natural death, none for accidental
- How it is sold
- Capitec app and branches
Capitec funeral cover is a funeral policy sold by Capitec Bank but underwritten by Sanlam, paying roughly R10,000 to R100,000 per life, with a waiting period of about 6 months for natural death, none for accidental death, bought in the Capitec app with premiums off your account. You can take it out through the Capitec app or a branch, and premiums come off your account.
Capitec suits existing Capitec clients who want simple, app-based cover. The figures below are indicative - confirm current premiums and terms in the app or at a branch.
What Capitec offers
Capitec funeral cover pays a cash benefit on death and can cover you, a partner, children and extended family. It is underwritten by Sanlam, so claims are backed by a large insurer. You buy and manage it in the Capitec app or at a branch, with premiums debited from your account.
How Capitec (Sanlam-underwritten) funeral cover compares
Here is how Capitec (Sanlam-underwritten) funeral cover stacks up on the structural features that matter, stated in general, indicative terms.
| Feature | Capitec (Sanlam-underwritten) |
|---|---|
| Underwriter | Sanlam, sold by Capitec Bank |
| Typical cover range | About R10,000 to R100,000 per life |
| Natural-death waiting period | About 6 months |
| Accidental death cover | Covered from day one |
| Maximum entry age | Yes, on most plans |
| Extended family option | Entry age limits apply - confirm in the app |
| Cash-back / payback | Varies by plan - confirm |
| Payout time | Usually within 24 to 48 hours for a valid claim |
Figures are indicative - confirm current terms with the provider before you sign.
Indicative cover amounts and premiums
Cover usually ranges from about R10,000 to R100,000 per life. Premiums depend on age, cover and lives insured, often starting around R50 a month. The app shows your exact premium before you confirm. These are planning ranges, not quotes.
Waiting periods and claims
Capitec cover generally has a waiting period of about six months for natural death and none for accidental death. To claim, use the Capitec app or a branch and submit the death certificate, IDs and bank details. Because cover is digital, keep your contact details current so claim communication reaches you.
Who it suits and pros and cons
Capitec suits existing clients who want quick, app-based cover with Sanlam behind it. Pros: easy app sign-up; Sanlam underwriting; premiums off your account; extended family options. Cons: you mainly self-serve through the app; cover lapses if the debit bounces, which can reset waiting periods; disclose honestly to avoid disputes.
How to get a quote
Frequently asked questions
Who underwrites Capitec funeral cover?
Sanlam underwrites Capitec funeral cover. Capitec sells and administers it, but Sanlam, a major insurer, pays valid claims.
How much is Capitec funeral cover?
Premiums often start around R50 a month and rise with age and cover. The Capitec app shows your exact premium before you confirm.
What is the Capitec funeral cover waiting period?
Usually about six months for natural death and none for accidental death. Confirm the exact period when you take out the policy.
How do I claim Capitec funeral cover?
Use the Capitec app or a branch and submit the death certificate, the deceased's ID and the claimant's bank details. Keep your contact details up to date.
Is there a Capitec funeral cover age limit?
Yes, entry age limits apply and older entrants pay more. Check the limit in the app or at a branch before applying.
Is Capitec funeral cover good?
It is convenient for Capitec clients and is backed by Sanlam. Compare the premium and waiting period with other plans, and keep the debit funded so cover does not lapse.
