Final Journey Plan Plus

OBJECTIVE

Provides immediate cash out to meet the funeral expense of anyone covered by the policy.

WHO IS COVERED UNDER THE PLAN?
Insureds covered under this plan can be as many as twelve (12) persons
•   Primary Assured of Maximum entry age 55
•   Spouse of Maximum entry age 75
•   2 Parents of Maximum entry age 75
•   2 Parent-in-laws of maximum entry age 75
•   2 Uncles/Aunties/Brothers/Sisters of maximum entry age 75
•   4 children of maximum entry age 21

FEATURES

  • Premiums are payable till age 60 if the Policyholder purchased the policy before age 50.

NB: Policyholders who purchase the policy after age 50 will pay premiums for 10 years

  • Cash Back Payment being 15% of the total last 3 years premium paid subject to no claims.
  • Waiver of Premium for secondary assured after a waiting period of six (6) months or accidental death.
  • Inflation Protector to safeguard benefit pay out from inflation.

BENEFITS

  • Death Benefit paid in the event of the death of the Policyholder after a 6-month waiting period and/or any of the insured members after satisfying a waiting period of 12 months.
  • Optional Benefits exist after the demise of the Policyholder or Spouse, Parent/Parent-in-law
  • 1 week celebration
  • 40 days celebration
  • 1 year Anniversary
  • Savings Fund - Extra premium can be paid into the savings fund where the policyholder can access a maximum of 80% withdrawal once a year.