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About AFI

VISION STATEMENT

We provide individuals, groups and communities/villagers with affordable funeral insurance.

MISSION STATEMENT

We collaborate and partner with traditional authorities, organisations and groups to provide individuals, groups and communities/ villagers with affordable funeral insurance.

SHARED VALUES

We cultivate a culture that is conducive to the creation of the capacity and enthusiasm to achieve the articulated vision and mission statements among a critical mass of our stakeholders. Amongst others, the following values shape our culture:

Community (Family, Caring, Empathy & Humbleness): We embrace the African communal values of Ubuntu underpinned by the concept that ‘I am because you are’.

Development & Impact: We provide products and services which touch ordinary people’s lives and make a real difference.

Integrity (Honesty, Transparency, Accountability & Respect): We are honest, transparent and accountable and do not abuse the position of trust bestowed on us by our clients who entrust their funds with us.

Passion & Commitment: We love what we do and we do it with passion and commitment.

Professionalism (Quality & Responsibility): We offer quality products and services and programs which add value to beneficiaries and are sustainable.

Continuous Improvement (Innovation & Creativity): We strive for continuous improvement through our pioneering spirit of innovation and creativity.

CORE BUSINESS

AFI was established to ease the financial burden of individuals and families. While most individuals and families usually join burial societies to cover burial costs, the fact that most burial societies pay in kind (pay by rendering burial services, and not in cash), means that they do not provide for incidental funeral costs such as refreshments and catering.

AFI closes this gap and provides cover for incidental funeral costs such as refreshments and catering by:

  • Augmenting burial society schemes which usually pay out in kind by contributing much needed cash to bereaved families; and
  • Providing individuals; groups; and communities/villagers particularly working class families, the unemployed and indigent with money for incidental funeral costs such as groceries and catering.

With AFI, individuals and families enjoy the peace of mind that they will have the financial assistance needed during their time of need (financial security) and to ease their financial burden.

AFI pays out the full cover amount within forty eight (48) hours from the time a valid claim is lodged.

Affordable Funeral Investments (Pty) Ltd is a Licensed Financial Services Provider (FSP no. 45608) and is underwritten by Safrican Insurance Company Limited (SAFRICAN) FSP no. 15123. Where there is a discrepancy between any wording in this website and the wording in the Policy document, the wording in Policy document will take precedence and be applied.

AFI was established to ease the financial burden of individuals and families.

While most individuals and families usually join burial societies to cover burial costs, the fact that most burial societies pay in kind (pay by rendering burial services, and not in cash), means that they do not provide for incidental funeral costs such as refreshments and catering. AFI closes this gap and provides cover for incidental funeral costs such as refreshments and catering