Diaspora Last Expense plan is more than just coverage; it is a commitment to your family’s tranquility. Living in the diaspora means working hard to build a future for yourself and supporting family back in Kenya. The death of a loved one is an emotionally challenging time, and the accompanying financial burden of funeral expenses and body repatriation can be overwhelming.
The Diaspora Last Expense offering is designed to alleviate this burden. It ensures that your hard-earned wealth is preserved and that your family can focus on grieving rather than worrying about final costs. Denominated in USD, this plan offers robust financial protection and guaranteed peace of mind.
The Diaspora Last Expense offering is designed to alleviate this burden. It ensures that your hard-earned wealth is preserved and that your family can focus on grieving rather than worrying about final costs. Denominated in USD, this plan offers robust financial protection and guaranteed peace of mind.
- Seamless cross-border peace of mind: Eliminate the logistical and financial stress of repatriation and funeral arrangements. This offering is designed to bridge the gap between your life in the diaspora and your family’s needs in Kenya, ensuring a dignified send-off without the burden.
- Comprehensive multi-generational security: Protect your entire support system under one roof. Whether you choose the Nuclear or Extended family option, you can secure coverage for yourself, your spouse, children, siblings, and even parents/parents-in-law within a single, unified policy.
- Wealth preservation: The offering helps to safeguard your hard-earned legacy. By providing payouts in USD, we ensure your family is protected against currency fluctuations and inflation, preventing funeral costs from depleting your savings or forcing the liquidation of family assets.
- Immediate protection against the unexpected: Life is unpredictable, but your coverage shouldn't be. Benefit from zero waiting periods for accidental death, ensuring that your financial protection begins the very moment your first premium is paid in full.
- Inclusive eligibility for all life stages: Our policy is designed for the modern family, offering industry-leading age limits. We cover parents entering the plan up to age 75 and provide extended protection for children in full-time education until they reach age 24.
This offering is tailored for the principal(main) member residing in the diaspora. It provides lumpsum benefits to cover funeral expenses and associated costs
As the principal member you have the flexibility to choose between two coverage options:
1. Nuclear Family Option
Covers the Principal Member, one Spouse, and up to 4 children (biological, adopted, or stepchildren). The principal member may also include their own siblings under the age of 18.
2. Extended Family Option
Includes everything in the Nuclear Family option, plus coverage for Parents and Parents-in-law (up to a maximum of 4 parents in total).
Key Features and Eligibility
Eligibility ages (at entry):
- Principal Member & Spouse: Maximum entry age is 60 years. Cover ceases at age 75.
- Parents & Parents-in-law: Maximum entry age is 75 years. Cover ceases at age 85.
- Children & Siblings: Covered from 3 months to 18 years. Coverage extends to age 24 if they are in full-time education.
Waiting Periods:
- Accidental Death: No waiting period. Cover starts immediately after the premium is paid in full.
- Natural Death: subject to a 3-month waiting period from the policy commencement date.
- Suicide: A 2-year waiting period applies for claims related to intentional self-injury or suicide.
