Funeral Parlour

NAFUICO has grown a big underwriting book from parlours, churches, associations and unions. The big numbers allow NAFUICO to negotiate better rate with partners and bring the costs down where NAFUICO is using own platforms.

  • Underwriting

NAFUICO has negotiated better rates as compared to individual parlours going directly to insurance companies.

  • Payments Collections

NAFUICO offers  several payments collections options including; debit orders, SASSA deductions, swiping devices, Easypay and  Pay@ at rates lower than a Parlour going directly to a service provider.

  • Insurance Administration System

The NAFUICO insurance administration platform was designed by parlours for parlours. The system is available online, executive reports can be accessed via mobile phones, payments are directly applied to policies, dashboards give the parlour owner insights about business performance, and is priced lower than other service providers.

  • Microlending/Lending System

The lending system  is robust offering, direct checks with credit bureaus, is integrated to credit life/insurance system and is linked to payment collections platforms.

  • Business Advisory Services

NAFUICO offers the following

Programme to assist funeral parlours grow heir funeral books or business.

Financial and succession  Planning

Regulatory advice on the funeral industry.

To be the leading Pan-African investment holding group focused on identifying, acquiring and building a portfolio of sustainable growth assets in South Africa.

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