Last expense
“In this world nothing can be said to be certain except death and taxes” Benjamin Franklin... Life ends, and it is important that the ones who have been left behind get financial support to manage last respect; give a decent send off.
Features and benefits
Make a level payment to the member/dependents on the death of the member/parents/dependents due to accidental or illness related causes.
- Paperless – get cover in less than 5 minutes
- Cover benefit options include kes 500,000 or 200,000 or 100,000. The annual premium is as low as kes 2,000
- The cover is payable on the first death (occurrence).The cover is on reinstatement basis. Cover can be reinstated upon payment of premium after a claim
- *3 months waiting period applicable on ill related deaths. No waiting period for accidental deaths
Additional information to access
To sign up or purchase cover - https://www.uapoldmutual.com/need/stanbic-funeral-cover#
Target audience
- Welfare groups and Chamas
- Family oriented individuals – middle class who are willing to spare at least kes 2,000 for annual insurance premium
- Sole proprietors who are the primary provider to their families
- DADA Women - from the research undertaken family comes up top in order of their priorities and the need to manage last expenses will be critical to them and their families.
- Age – 30 to 60 years – both urban & rural
What is required to apply for cover
- Names, dates of birth for each principal member and dependents
- PIN No of the principal member
- ID No of the principal member
- Premium payment through Mpesa
-
Features and benefits
-
Additional information to access
-
Target audience
-
What is required to apply for cover
Make a level payment to the member/dependents on the death of the member/parents/dependents due to accidental or illness related causes.
- Paperless – get cover in less than 5 minutes
- Cover benefit options include kes 500,000 or 200,000 or 100,000. The annual premium is as low as kes 2,000
- The cover is payable on the first death (occurrence).The cover is on reinstatement basis. Cover can be reinstated upon payment of premium after a claim
- *3 months waiting period applicable on ill related deaths. No waiting period for accidental deaths
To sign up or purchase cover - https://www.uapoldmutual.com/need/stanbic-funeral-cover#
- Welfare groups and Chamas
- Family oriented individuals – middle class who are willing to spare at least kes 2,000 for annual insurance premium
- Sole proprietors who are the primary provider to their families
- DADA Women - from the research undertaken family comes up top in order of their priorities and the need to manage last expenses will be critical to them and their families.
- Age – 30 to 60 years – both urban & rural
- Names, dates of birth for each principal member and dependents
- PIN No of the principal member
- ID No of the principal member
- Premium payment through Mpesa