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Executive Funeral Plan

Executive Funeral Plan Banner

This is a complete funeral cover for you, your family and extended family. Funeral plan will help you to lay your loved ones to rest with dignity and respect. This policy reduces the burden on your finances arising from catering, caskets and transport costs. As the policyholder, you pay low monthly premiums so that in the event of death, the cover amount is paid out to your family.

Some of the benefits

Affordable

Pay very low monthly premiums

Wide cover

You can cover yourself, your spouse and up to six children and other dependants.

No medical test

Get funeral cover without any need to go for medical tests

Quick Payout

Get your payout within 48 hours.
What you get
  • A lumpsum pay-out immediately after a death of a family members who is covered in the policy.
  • You can cover yourself, your spouse and up to six children.
  • You can also cover your parents, parents-in-law and extended family members.

 

What it costs
  • MK 5 065.00 per month
  • MK 1 400.00 for any additional dependant

2020 Pricing schedule

 

Benefits Schedule
Assured Member Benefits Payable
Main Member MK 1 000 000.00
Spouse MK 1 000 000.00
Children up to 24 yrs (max 4) MK 800 000.00
Parents and parents inlaw MK 800 000.00
Other dependants (max 4) MK 800 000.00

An additional premium of MK 1 423.00 per head will have to be paid  to cover parents, parents inlaw and other dependants.

  • Where death is as a result of natural causes then there is three (3) months waiting period with three (3) monthly premiums paid.
  • Where death is as a result of an accident, then the benefit will be paid provided one (1) month’s premium has been paid.
  • Where death is as a result of suicide, benefits will only be paid if the policy has been in force for twenty-four (24) months with twenty-four (24) monthly premiums paid.
How to get it
  • Visit your nearest branch if you are under the age of 75yrs
  • You must have  transactional or savings account.
  • There is no need for you to have any medical examination to join
  • What you get
  • What it costs
  • Benefits Schedule
  • How to get it
  • A lumpsum pay-out immediately after a death of a family members who is covered in the policy.
  • You can cover yourself, your spouse and up to six children.
  • You can also cover your parents, parents-in-law and extended family members.

 

  • MK 5 065.00 per month
  • MK 1 400.00 for any additional dependant

2020 Pricing schedule

 

Assured Member Benefits Payable
Main Member MK 1 000 000.00
Spouse MK 1 000 000.00
Children up to 24 yrs (max 4) MK 800 000.00
Parents and parents inlaw MK 800 000.00
Other dependants (max 4) MK 800 000.00

An additional premium of MK 1 423.00 per head will have to be paid  to cover parents, parents inlaw and other dependants.

  • Where death is as a result of natural causes then there is three (3) months waiting period with three (3) monthly premiums paid.
  • Where death is as a result of an accident, then the benefit will be paid provided one (1) month’s premium has been paid.
  • Where death is as a result of suicide, benefits will only be paid if the policy has been in force for twenty-four (24) months with twenty-four (24) monthly premiums paid.
  • Visit your nearest branch if you are under the age of 75yrs
  • You must have  transactional or savings account.
  • There is no need for you to have any medical examination to join