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.