24/07/2026
"I already have life insurance."
Over the next few days, we're looking at some of the most common myths about funeral cover and separating fact from fiction.
Yesterday's myth: "I'm too young."
Today's myth: "I already have life insurance, so I don't need funeral cover."
The truth is: life insurance and funeral cover are designed for different purposes.
Life insurance is generally intended to provide long-term financial support to your beneficiaries, while funeral cover is specifically designed to help cover funeral-related expenses when they're needed most.
Understanding the difference can help you make informed decisions and ensure your loved ones have the support they need during a difficult time.
Join us tomorrow as we bust another common funeral cover myth.
Speak to your nearest St Peter Life Plans branch office.