You can use this R1 million cash payout in any way you wish, whether that be to help buy your dream house, a new car or to help secure your retirement.

You automatically get a R1,000,000 Millionaire Fund when you take out a Millionaire Funeral Plan. You can increase your Fund by adding cover for more family members and for every additional family member you add onto your Millionaire Funeral Plan, your Millionaire Fund increases by R250,000. You have the ability to protect 16 family members on your Millionaire Funeral Plan, meaning you can increase your Fund to R5,000,000 (R250,000 x 16).

At OneSpark, you are our number one priority. That’s why we use smart tech and artificial intelligence to manage your policy, which gets rid of bloated expenses. We also only take a low fee, cutting out the massive profit margins which traditional insurers make. Overall this means your OneSpark premium will typically be significantly lower than what you would pay elsewhere.

OneSpark is backed by Guardrisk, one of South Africa’s largest insurers who guarantees that all claim and fund payouts will be made. We’re also reinsured by one of the world’s largest reinsurers, GenRe Corporation, who have almost a trillion rand in assets under management, meaning that you can be sure that we will pay out when you need us.