FUNERAL AND SAVINGS
This is a five years plan providing funeral cover with a saving for the core family of 8 consisting of the main member, spouse, children and parents. The saving is only paid on maturity i.e. at the end of the 5 years.
It comes in three packages namely:
Package |
Sum Insured |
Savings Benefit |
Add - ons & ridders |
Gold |
10,000,000 |
10,000,000 |
6 bags of rice |
3 radio announcements |
10,000 airtime for coordination |
Silver |
5,000,000 |
5,000,000 |
4 bags of rice |
3 radio announcements |
10,000 airtime for coordination |
Bronze |
2,500,000 |
2,500,000 |
2 bags of rice |
3 radio announcements |
10,000 airtime for coordination |
The funeral benefit receivable varies for the different members as shown below and will be in kind (services) provided by A-Plus Funeral Management.
Beneficiary |
Benefit Receivable |
Main Member (1) |
100% |
Spouse (1) |
50% |
Children (4) |
25% |
Parents (2) |
25% |
No cover for persons currently hospitalized or hospitalized in the last six months.
Category |
Eligibility (yrs) |
Waiting Period (months) |
Main Member |
18 - 65 |
3 |
Beneficiary |
0 - 65 |
3 |
Beneficiary |
66 - 75 |
6 |
FUNERAL AND SAVINGS
PACKAGE |
SUM INSURED |
SAVING BENEFIT |
ANNUAL PREMIUM |
MONTHLY PREMIUM |
Gold |
10,000,000 |
10,000,000 |
2,818,000 |
235,000 |
Silver |
5,000,000 |
5,000,000 |
1,410,000 |
118,000 |
Bronze |
2,500,000 |
2,500,000 |
706,000 |
59,000 |
FUNERAL COVER ONLY
PACKAGE |
SUM INSURED |
SAVING BENEFIT |
ANNUAL PREMIUM |
MONTHLY PREMIUM |
Gold |
10,000,000 |
10,000,000 |
817,700 |
68,5000 |
Silver |
5,000,000 |
5,000,000 |
410,000 |
35,000 |
Bronze |
2,500,000 |
2,500,000 |
206,000 |
18,000 |
Exclusions : Suicide, FraudWar, warlike activities, political activities, terrorism, disappearance
Intrested in our Funeral cover? Request a call back
Or download an application form below fill it and send it to info@gmi.ug
NOTE: For more details about our funeral plan, please download the brochure below.