The GUA Life Nante Yie Funeral Plan provides level death benefits for the life of the insured as well as nominated family members. Proceeds are to help defray funeral-related and final medical expenses of the insureds in the event of their premature deaths.
Features & Benefits:
The GUA Life Nante Yie Plan has an option to pay-out 35% of the insurance cover amount as Pre-Burial Benefit within three (3) days of loss to cater for the traditional one week observation which these days come with financial burdern
The Pre-burial benefits are available under the plan for the Primary Insured, his/her Spouse, Parents and Parents-In-Law.
Cash Back Benefits:
Provides a 10% pay back of total premiums paid after every 5 years on condition that no claims are made and the policy remains active within every five-year period from inception.
Death Waiver Benefit:
Premiums are waived for nominated lives upon the death of the Primary Insured.
There are 3 tiers of benefits under the policy. They are the gold, silver and bronze tiers. The policy proceeds vary by the insured for the three tiers under this policy as shown below. However, the maximum total sum assured per policy shall be GH¢50,000.