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Funeral Insurance With No Waiting Period. Your beneficiary will receive 100% of the death benefit even if you’ve only made one payment on your policy. If you cancel your old funeral policy and move to sanlam indie within 31 days, the waiting period that you’ve already served with your old insurer will count toward your policy with us. Life insurance will help your loved ones pay for final expenses. However, depending on the convenience of having severe health issues, there may be a waiting period of two years if you purchase a guaranteed issue whole life policy.






