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Assurein Insurance > Group Funeral Expense Benefits
funeral insurance

Group Funeral Expense Benefits

No one likes to think or talk about death and funerals. It hurts. The reality is that everything is becoming expensive including funerals! Many families face financial pressure in paying for the funeral when a family member dies, especially if this person is the bread winner. So why not put funeral costs to rest through an easy and affordable cover for your employees.

Funeral Expenses (also known as last expense) Insurance reimburses the cost of funeral expenses in the event of the death of employee(s).

The policy enables employers, welfare societies and other affinity groups to provide means of financing funeral expenses when a member passes away.

The limits of cover for a group will be set according to the preference of the policy holder subject to maximum cover offered under group funeral.Once cover limits and premium payable has been agreed, these limits will be applicable to all members across board.

Why You Need the cover

  • No loss of working time to raise funds for funeral expenses of a departed colleague.
  • No contributions required from the employer on the death of an employee.
  • This is a good way of retaining satisfied staff.
  • The employer is seen as mindful and caring for important staff needs.
  • Premium paid by the employer is an allowable expense for tax purposes

The policy may provide for a waiting period (from the date of commencement of the policy) within which claims arising out of death as a result of sickness are excluded. There is however no waiting period for death caused by accident.

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How Do I Start?

Talk or email us at Assurein, we will assess your needs and assist you tailor a comprehensive risk management program that addresses your specific needs.

Alternatively, you can fill the form below and our team will get back to you as soon as possible.

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Privacy Statement and Declaration: By completing this form, you will have provided Assurein with your personal information that relates to you or other individuals (such as yourdependents). Assurein will only use the information for lawful business purposes and is committed to protecting the integrity, confidentiality, access and use of personal information that we collect from you now and in the course of our business. You have the right to access and correct personal data that may be incorrect or incomplete.
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