Depending on the funeral policy (insurance products) selected you can receive cash payout, or we can take care of all your funeral services without your involvement.

Under our funeral insurance policy, you can insure the lives of all your children who are below the age of 21 and other family members. It also covers up to 6 dependents provided they are under the age of 75 at the time of the entry. This will offer you peace of mind knowing that you have prepared for the inevitable and can be assured of a decent send off for your loved ones without worrying about your cash flow.

Family Funeral Cover insures the lives of others. You can insure the lives of up to 10 family members, so you will be able to pay the immediate costs when a relative passes on.

As the main member, you can get funeral cover for yourself if you are aged between 18 and 65 years’ old and have a Malawian ID. The beneficiaries of the policies must not be more than 75 years of age at the time of taking out the policy. Under your policy, you can add maximum of 4 family members and 6 dependents who are within 75 years of age at the time of entry.

It also covers your children who are not more than 21 years of age at the time of the inception of the policy. The spouse should be aged between 18 and 75. (Remember, these age limits are for the start of the policy - we’ll continue to cover people as they age for as long as the policy is active).

All family members you insure on your family funeral policy must live permanently in Malawi. For diaspora policy, the cover is available for all Malawians across the global.

Your funeral cover allows your family to mourn with a peace of mind. Funeral expenses can be costly therefore a lump sum payout will help them get through a tough time without having to worry about how to pay for these funeral essentials.

On the other hand, you also do not want to be the one worrying about money when you are already finding it hard to cope with the loss of a family member. Death can be expensive: think about repatriation (transporting the body home), mortuary costs, and the funeral itself (venue hire, catering and burial).

We developed Funeral Policies so that you can mourn your loved ones peacefully without worrying about funeral costs.

Claims are paid to you or your beneficiaries (or your estate if you haven’t specified any) as fast as possible: usually within 4 (working) hours of us receiving all the paperwork (like the death certificate, duly completed claim form, copy of the identity of the claimant, marriage certificate or proof of relationship). Some payouts might take longer if we suspect fraud requiring further investigation.

Depending on the complexity of the claim, the money might take a couple of days before it actually appears in your bank account.

• • The insured life has been lost due to direct and indirect impact of alcohol, drug use, insanity, breach of law or civil war, invasion, act of foreign enemy and hostilities (whether war is declared or not)

  • The insured life commits suicide or abortion within the first 24 months of the cover activating

  • The insured life dies of natural causes within 3 months of the cover activating except death is caused by an accident.

  • The insured life dies as a result of participating in something illegal

  • You have provided us with incorrect information

  • There was no insurable interest in the life insured

Funeral Cover: you should nominate a beneficiary to get the lump sum payout when you die. If you prefer, you can choose to have the full cover paid into your estate.

Family Funeral Cover: If you choose to add additional lives to your policy, you, the policyholder, will be paid the lump sum for an insured family member if they die.

Your Funeral cover stays the same unless you ask us to increase it. The funeral policy can be upgraded upon your acceptance to pay additional premium.

If you increase your cover, we’ll increase your premium accordingly. You can also choose to add some more family members in the cover for additional premium.