Group Funeral Cover ensures that employees and their families are supported during difficult times, providing a cash sum to cover funeral expenses. This plan is available for both employees and their nominated beneficiaries and can extend to cover parents, in-laws, and extended family members. Available on either a compulsory or voluntary basis, it offers flexibility and financial assistance when it is most needed.
Cash sum for funeral expenses for employees and their nominated beneficiaries
Extended family cover available for children over 21, parents, and grandparents
Six-month waiting period for natural causes of death (12 months for parents)
Built-in funeral benefit (P15,000 - P25,000) for the main member
It provides a cash payout towards funeral expenses for employees, their immediate family, and nominated extended family members.
Yes, the policy allows coverage for parents and in-laws, with a 12-month waiting period for natural death causes.
A six-month waiting period applies for natural causes of death for employees and immediate family, while a 12-month waiting period applies for parents and extended family.
Yes, it is available on a compulsory or voluntary basis for employers and affinity groups.
Yes, extended family members such as siblings, uncles, aunts, and grandparents can be covered.
