Funeral Insurance

//Product Type - Funeral Insurance

Funeral Insurance Insurance

The distribution partner types are Microfinance Institutions (MFIs)

Payment of a lump sum in case of death due to any cause, with variable options (accidental death, education grant for children, family coverage); exact offering may vary per MFI .

This is a group product, Voluntary opt-in

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What does Funeral Insurance cover?

    • Death: lump sum depending on selected benefit plan

With some MFIs, spouse, children, and parents can be selectively added to coverage
The insured can choose to have upto 100% of the benefit paid directly to a funeral home.

//Insurance Type

Sum Insured- As per plan

Premium Rate- As per plan

Premium Payment- Annual or Monthly