myFuneral Plan is a new policy we’ve introduced to cover funeral expenses for families or individuals. The plan aims to ease the financial burden on loved ones and secure the funeral you would like ahead of time.
Single Funeral Plan provides cover for individuals from 18 yrs.
Family Funeral Plan covers two parents, unlimited biological/ adopted children and up to four grandparents.
Premium will be monthly or annually based on the age of insureds until the age of 78. Last age to qualify for the policy is 68 years of age. After 78 years the cover will continue free of charge. In case of any cancelation or delay in payments, new premium rate based on age will apply to reinstate the policy.
Both funeral plans will cover death by natural causes or illness (including death from a pandemic illness) and accidents.