THANDIZO PLUS POLICY

THANDIZO PLUS POLICY

IN PARNERSHIP WITH TAPRAMA FURNEL PARLOR

Thandizo Plus Policy is a Family Funeral Plan offered by Smile Life  inconjuction with Taprama Funeral Parlor. It is an all embracing funeral plan for people who are articulate planners in life and those who care for their families. The product is meant for those that do not want to leave the burden of their family funeral arrangements to relatives, friends or neighbours. This is a unique product which has embedded benefits such as Premium Refund (Survival Benefit). The product also has an inflation proofing option.

WHO IS COVERED?
Principal Member and Spouse
up to age 75
Biological Children
up to the age of 25
Parents and Parents-in-law up to age 70
up to age 70
Dependent Children and Relations
up to the age of 25
FEATURES AND BENEFITS

In the event of death of the insured life, the amount of funeral benefit shall be paid to take care of the funeral expenses through Taprama Funeral Parlor.

You are free to choose the amount of cover between MK 300,0000 and MK 2,500,000.

You are rewarded for your loyalty to the Plan in the form of Premium Refund (Survival Benefit) of 20% of total monthly premiums at the end of 5, 10 and 15 years

Inflation Proofing

Option of 10% of the sum assured per annum to cushion the effects of inflation

Inflation Proofing

Option of 10% of the sum assured per annum to cushion the effects of inflation

Services to be offered by Taprama

Below is an example showing premiums payable under Thandizo Plus with the sums assured of MK 500,000.00.  Premiums will depend on the cover for each person to be assured and their age at the time of registering them on the plan.

Principle Member

MK 500
000
Sum Assured
  • AGE 38 - 42
  • Monthly Premium MK3,839.00

Spouse

MK 500
000
Sum Assured
  • AGE 33 - 37
  • Monthly Premium MK1,610.10

Parents

MK 500
000
Sum Assured
  • AGE 53 - 57 Monthly Premium MK 2,617.00
  • AGE 58 - 62 Monthly Premium MK 2,934.00
  • AGE 63 - 67 Monthly Premium MK 3,336.00
  • AGE 68 – 70 Monthly Premium MK 3,758.00

Biological Children

MK 500
000
Sum Assured
  • AGE 6 - 10 Monthly Premium MK 454.00
  • AGE 16 - 18 Monthly Premium MK 455.00

Adult Dependant

MK 500
000
Sum Assured
  • AGE 19 - 25
  • Monthly Premium MK 586.00