KENYANS IN THE DIASPORA MILELE LAST EXPENSE INSURANCE PLAN
This is a Funeral Insurance Plan designed for Kenyans living in the diaspora. The plan avails immediate cash lump sum to families in the event that they lose a loved one. The plan covers the principal member, spouse, children, parents, parents-in-law and other close relatives.
What is the Kenyans in the Diaspora Milele Last Expense Insurance Plan?
The loss of a loved one is one of those things that we hope will never happen to us although we know deep inside that it will knock at our door at one point.
The Kenyans In The Diaspora Milele Last Expense Insurance Plan is designed to avail immediate cash lump sum to families in the event they lose a loved one. The plan is open to any Kenyan citizen in the diaspora, who is in good health as defined below.
PRINCIPAL MEMBERS: The age at entry into the scheme for the principal members should be between 18-85 years.
DEPENDANTS (Spouse(s), children, own parents and parents-in law.): The age at entry into the scheme for a dependent child should be between 1 month to 18 years (can be extended up to 25 if in school), while age at entry into the scheme for a dependant parent is 80 years. For parents above the age of 80, a declaration of good health may be required from time to time until age 85 when cover ceases.
DOCUMENTATION: Identification documents, i.e. ID or Passport, and birth certificates for children.
PREMIUM: This must be paid in advance at the commencement of cover. The subsequent premiums will be calculated at the renewal date, subject to any changes within the group, claims experience or changes made by the insurer.
Where the family consists of members who do not fall under the defined categories of the scheme, (eg extra or over age children) an extra premium will be charged.
Benefits and Premium Table
Per person USD$
Per person P.a.
Per person USD$
Per person P.a.
A dependant once admitted into the scheme will be covered continuously for life or until the principal member on whom they depend on ceases to be a member of the scheme, or on death, or if the cover is canceled in accordance to the terms and conditions of the policy (for example premiums have not been paid, there is proof of fraud on the part of the member, etc.).
Why Join the Kenyans in the Diaspora Milele Last Expense Insurance Plan?
We are the only company dedicated to ensuring that members will never go through the pain of losing their loved ones alone – we will be there to hold their hands and console them by ensuring that immediate cash is available when they need it most. In addition,
- We are fully computerized.
- Our policies do not have an AIDS EXCLUSION clause.
- Our claims payment standard is unparalleled in the industry.
- Our insurer claims documentation is simple and straightforward.
The principal member will decide on the option of cover. The option so decided shall be uniform for all the family members of their family.
New members can join the scheme at any time during the course of the year but full year premium must be paid regardless of the period of joining. This is because accidental death is covered from day one and to harmonise entry date of the scheme.
HIV/AIDS EXCLUSION CLAUSE: There is no AIDS EXCLUSION clause under this product!
The documents required for settlement of a death claim are:
- Death notification letter
- Original burial permit
- Copy of the National identity card of the deceased if it had not been submitted previously.
Diaspora family services limited is the administrator of the scheme and keeps all members’ records at a fee included in the premium quoted. No extra amount is required for the rest of the year. All claim benefits are paid directly to the member or their nominated beneficiaries on record except where there is succession dispute, in which case the benefit is paid to the administrator of the deceased’s estate after valid evidence of such is presented to the insurer.