It is an is an insurance policy that covers funeral expenses in the event of illness, Natural and Accidental Death. A selected amount is paid as a lump sum within 48 hours upon notification of death and full documentation in respect of the individuals, families and groups.
What is Enwealth Faraja Benevolent Fund?
Advantages
- No limitations on the number of claims payable in a year.
- Affordable premiums payable once per year.
- Covers death claims arising from pandemics e.g. covid-19
- Wide coverage
- No medical tests required when joining.
- Benefits are not subjected to any forms of taxation.
- Claim settlement with 48 hours.
Groups Funeral
Covers:
- Groups e.g. chamas, welfare associations, saccos, corporates and churches.
- Employees together with their spouses and children depending on the sponsor’s preference
Individuals
Covers Individuals together with;
- Spouse
- Children
- Parents
- Parents-in-law