Earlier quoted context omitted.
My wife is Sotho from South Africa. While there were certainly a bunch of, to me, very strange practices when my FiL died, it was nothing like what was mentioned in the article. That said, funeral insurance is extremely common in SA, as even normal burials can be pretty expensive.
> That said, funeral insurance is extremely common in SA, as even normal burials can be pretty expensive. This is off-topic, but how does funeral insurance even work? You're guaranteed to die at some point, right? To me, insurance is there to hedge against something not very likely , but expensive. The odds are you're going to pay money in, and never see it back (if you don't get sick / crash your car / whatever). Is…
For context, it might cost you $5 per month, and give you funeral cover of $500.
As OP mentioned it is very common in South Africa, likely owed to the unpredictable life expectancy. All the large insurers offer it, it’s a massive market.