What It Covers
Funeral expenses for up to 19 extended family members
Optional savings rider for financial security
Coverage for accidental death
Waiver of premium on the policyholder’s death
Lay The Groundwork For Tomorrow, Today
Masika Otlhe-Extended Family Cover
The Masika Otlhe Extended Family Cover is designed specifically to provide funeral cover for extended family members, including domestic workers and herdsmen. With options to cover up to 19 extended family members, this plan ensures that your loved ones receive the support they need in times of loss.
FAQ's
What does the Masika Otlhe Extended Family Cover include?
It includes funeral cover for up to 19 extended family members, with options for savings riders and accidental death coverage.
Can I cover domestic workers under this policy?
Yes, the policy allows you to cover domestic workers and herdsmen along with extended family members.
How does the savings rider work?
The savings rider allows you to save independently of funeral contributions, with the option to access the savings portion without penalties upon surrender.
Is there a maximum sum assured?
The maximum sum assured per life under the policy is P100,000.
What happens if the policyholder passes away?
If the policyholder passes away, the waiver of premium option ensures that coverage for other lives continues for up to 2 years.
Benefits of the Cover
- Comprehensive funeral coverage for extended family members
- Option to save independently of funeral contributions with no extra fees
- Continued coverage after the policyholder’s death for up to 2 years
- No surrender penalties for savings portion