The product offers affordable last expenses and renders support in hard times for funeral or last funeral rites. The plan can be effected by Employers, Organizations, Families or homogeneous Groups.
The Last Expenses Plan is offered to cover the employees, spouse(s), in-laws and children.
There are two packages from which one can choose from. We have the Executive package that has coverage up to 3,000,000 per person. Premium for this package is 120,000= per person per year.
The second package is the Standard cover, where limit is up to 2,000,000= per person, premium payable per person is 80,000= per year.
Unique Features of our Expenses Plan
- The product provides funeral cover and the benefits are payable on death from whatever cause.
- There are no medical tests required.
- The benefits are payable within a minimum of 48 hours upon receipt of all the necessary documentation regarding the death of the life assured.
Age limit is between 1 year to 70 years.
There is a waiting period of 60 days that shall apply on death as a result of natural causes.
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