Packaged Funeral Cash Plan

 


CBZ Funeral cash plan, the 5 in 1 power pack is a cover which gives cash pay-outs from $500 to $5,000 on a minimum contribution of $1.10 per month per individual. The Main Funeral Cash benefit ensures that you get immediate cash from any CBZ Bank Branch should you lose your loved one who is covered under the Policy. Your beneficiary also gets an immediate lump sum payment in the event of your death. You can cover your immediate family and extended family members (unlimited number). It is now loaded with more benefits:

  • Personal Accident Cash - Additional US$10, 000 paid out for accidental death PLUS
  • Groceries Cash - Over and above a lump sum payment made at a Funeral, the bereaved families also get monthly groceries for a period of 12 months after the death of the Principal Member or Spouse
  • School Fees Cash - Up to US$5, 000 school fees paid directly to your child(ren)’s school(s) PLUS
  • High Quality Service – Claims paid out in cash from any CBZ Bank Branch nationwide

Benefits

  • Immediate cash pay-outs within 2 hours
  • Cash accessed in any CBZ Bank branch countrywide
  • Low and affordable premiums from as low as $1.10
  • High pay-outs of up to $5,000.
  • Loaded with School fees cash plan ,grocery benefit and personal accident

Family Funeral Cash Plan

The family package covers immediate family from a cover of $500 to $5,000 with minimum contribution of $1.10. The family should consist of a maximum of 6 people that is, Principal Member, Spouse and up to 4 biological children less than 21 years. All children above 21 years will be on extended rates.

Benefits

  • The Main Funeral Cash benefit ensures that you get immediate cash from any CBZ Bank branch should you lose your loved one who is covered under the Policy.
  • Your beneficiary also gets an immediate lumpsum payment in the event of your death.
  • You can cover your immediate family and extended family members (unlimited number).
  • Immediate funeral cash payouts ranging from US$500 to US$5000 per single funeral.
  • Affordable monthly contributions. (see tables below)

Rates

Funeral Cash Payout for immediate Family (Member, Spouse and children below 21 years)

 

 

Funeral Cash Payout (US$)

 


Monthly Premiums

 

 Age

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

0 - 64 yrs

$1.10

$2.20

$3.30

$4.40

$5.50

$6.60

$7.70

$8.80

$9.90

$11.00

65 - 75 yrs

$1.10

$2.20

$3.30

$4.40

 

 

 

 

 

 


Funeral Cash Payout for extended Family including children aged 21 and above.

 

 

Funeral Cash Payout (US$)

 


Monthly Premiums

 

 Age

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

0 - 64 yrs

$4.00

$8.00

$12.00

$16.00

$20.00

$24.00

$28.00

$32.00

$36.00

$40.00

65 - 75 yrs

$4.00

$8.00

$12.00

$16.00

 

 

 

 

 

 

 

Financial

Reports

 

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