Group Last Expenses Plan
Institutions, employers, homogeneous groups, families, or an individual can take out this product.
The cover provides support to the deceased’s family members to assist with burial expenses. It may include the spouse, children, and any other family members.
There are no restrictions based on age or salary—any member of the family qualifies.
Benefits are settled upon receipt of all required documentation regarding the death of the life assured.
Age Limit
1 year to 70 years.
Benefit Structure
There are two packages to choose from:
- Executive Package
Premium for this package is 120,000= per person per year. - Standard Package.
Premium payable per person is 80,000= per year
Other RelatedProducts
Endowment Plan
This is an investment and protection life assurance policy. It’s designed for individuals who want to save or seek financial protection
Ngabo Yo Last Expense Plan
This is a Financial Management plan that guarantees a lump sum cash payment upon the death of a member and peace of mind to Families, employers and groups of people
Credit Life Insurance (Loan Protection)
The product provides cover sufficient to settle the outstanding loan balance in the event of death, total permanent disability, critical illness or accidental death (including funeral expenses)
Mortgage Protection Assurance
Mortgage protection policy offers cover in respect of outstanding Mortgage balances from the insured
Group Last Expenses Plan (Funeral Cover)
It is a product that is taken out by institutions, employers, homogeneous groups, families or an individual who is still living.
Group Life Assurance Plan
This is a policy issued to the employers who wish to provide financial protection for the families of their employees in the event of death of the employee