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Group Funeral – Felin Insurance Brokers Limited

Group Funeral

Group Funeral

A group funeral plan provides financial support to the family or dependents of the policyholder in the event of their death. The policy pays out a lump sum amount to the beneficiaries listed in the policy, helping to cover the costs of funeral expenses.
This funeral plan is targeted towards welfare associations, union groups, social groups, churches, and the informal sector at large. The policy provides a more comprehensive coverage extending to cover parents and Parents-in-law at an affordable premium. 

Policy Features

Age limit for main life is 59 years. 
Age limit for Spouse, Parents, and Parents-in-law is 85 years. 
The maximum entry age for children is 21 however cover ceases at age 24.    
No prior medical examination and/or underwriting. 
No waiting period for nuclear family. 
A six months waiting period is applicable for parents, in-laws and all lives added after inception of the policy. 
Available benefits range from Ghc5,000.00 to Ghc20,000.00. 
Same benefit amount is payable for all covered lives except children who get 50% of the benefit. 
Members in a group may choose their preferred level of benefit.
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