Conventional Policy

Conventional Policy

This plan type covers the Principal Member, their spouse and children but extended family members cannot be included under the same policy transaction. This type of policy has a maturity period of 25 years and there are three policy types which are Budget, Classic and Executive. The differentiating factors are the type of coffin/casket, the provision of mourners' transport and video recording. Premiums are calculated according to age and family composition (Single, Single Parent and Two Parent). General Policy Benefits apply.

Executive Policy

This policy offers:

  • A choice of three caskets (standard dome, 3 tier and 2 tier)
  • Provision for a tombstone allowance which is 10% of the sum assured at the time of death and is paid 6 to 12 months after the funeral
  • Bus to transport mourners anywhere in Zimbabwe
  • Hearse to ferry the deceased to a place of burial anywhere within Zimbabwe
  • Video recording of funeral proceedings.

Classic Policy

This policy offers:

  • A choice of three caskets/coffins (3 tier casket, 2 tier casket and 2 tier coffin)
  • Hearse to ferry the deceased to a place of burial anywhere within Zimbabwe.

Budget Policy

This policy offers:

  • A choice of three caskets/coffins (2 tier casket, 2 tier coffin and open face coffin)
  • Hearse to ferry the deceased from place of death to place of burial anywhere within Zimbabwe.

Policy Conditions

In addition to the general conditions the following conditions also apply:

  • Policy term is 25 years
  • Only the member, spouse and all children below the age of 23 may be covered on the policy
  • No benefit is payable at any time during the life of the policy (within two years) if death is as a result of suicide
  • The age of the oldest life assured is used to determine the applicable premium.