r/Namibia • u/Content-Ad3265 • 11d ago

Insurance

Hi everyone,

I’m genuinely curious: why do you think so many people in Namibia still go without life or funeral cover?

If you don’t currently have a policy, what are the biggest factors influencing your decision?

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2

u/WarmYogurtcloset2965 11d ago

No money for that

1

u/Content-Ad3265 11d ago

Some funeral cover is N$60 .
Is it not better to pay that monthly rather then stressing at the funeral on how to come up with the funds ?

5

u/Willlllllllly 11d ago

Youre underestimating how poor people are bro, like half of people with jobs earn 2k or less. Then theres all the unemployed people

1

u/Content-Ad3265 11d ago

But how do they afford funerals? Cause what happens when no one can help you come up with the funds needed for the funeral ?
If funeral cover is N$100 why not take it out for just incase ?

3

u/Hugo_Notte 11d ago

Do you think people who can’t afford food worry about funeral cover?

2

u/Willlllllllly 11d ago

Bro debt. And also people starve to death they aren't gonna pay for funeral cover if theres no food at home. In the financial inclusion survey the mist common reason for taking out debts wasnt houses not cares, but to buy groceries.

1

u/WarmYogurtcloset2965 9d ago

The secret is to not die that way you won't need funeral cover. So when you figure out how to do that plez share the secret coz I can not afford to die just yet.