What is our umoyo family protection plan?
We understand that death is a difficult time for a family, and that the last thing they need to worry about is the cost associated with the burial of a loved one. That’s why, with the Umoyo Family Protection Policy, you have one less thing to worry about when you are making burial arrangements.
Umoyo Family Protection Policy has 4 plans for you to choose from to cover you, your wife or husband and your children. Plus, up to 8 extended family members can be covered on your protection policy, up to 4 parents or parents-in-law who are 85 years or younger.
Cashback
At the end of every 3 year cycle, gives half of the first year’s premiums back in cash.
Inflation protection
Each year on the anniversary date of the plan the funeral cover amount for each policy member will increase by 5% and related premium will also be increased by 5%.
Accident cover
If the main member of the policy dies from an accident, this plan will pay the family double the amount of the cover.
What can you expect?
- When the main member reaches the age of 60 and the policy has been active for 10 years or more, you will not have to pay for the policy any more. This means all the insured members on the policy will be covered for free.
- When the main member dies before the policy anniversary preceding his or her 60th birthday and the policy has been active for 2 years or more, the policy premiums due will be waived. This means all the insured members on the policy will be covered for free.
- Optional Income Benefit - For a little extra premium, your family will get 10% of the main member’s selected cover every month for one year on the death of the main member. The family can use this money to pay for things like groceries or school fees.
To know more about this plan:
For more details on our Umoyo Family Protection Plan please download the product brochure as a PDF from here.
