Funeral Finance Plan +Plus

PRODUCT BENEFIT Outline DEFINITIONS PREMIUM CALCULATION

Burial Benefit Table FAMILY MEMBER Basic Funeral Package Standard Funeral Package Essential Funeral Package Executive Funeral Package Premier Funeral Package Exclusive Funeral Package Life Assured 7,500 10,000 15,000 20,000 25,000 30,000 Spouse Children 3,750 5,000 12,500 Extended Family

ACCIDENTAL BENEFIT (DOUBLE SUM ASSURED) Where the Policyholder dies through an accident, the Policy will payout twice the sum assured to his or her beneficiaries. This is applicable even where the accidental death is within the six (6) month waiting period from the inception of the Policy. This benefit is not applicable to death resulting from non-accidental causes.

FAMILY SUPPORT BENEFIT PAYMENT (FSBP) At the death of the Policyholder, the Policy will payout 5% of the sum assured, every month for six(6) months to the beneficiary until the full sum assured has been paid. Where the beneficiary wants the six (6) months benefit to be paid in advance as lump sum, only 85% of the amount due will be paid and the remaining 15% will be forfeited.

CASH BACK This benefit pays out 5% of the premiums paid each year if there has been no claim on the Policy during the year under consideration, and if the Policy is still in force. This is exclusive of the Policy fee of GHS ¢ O.50.

CLAIMS FOR STILLBIRTHS Children are automatically covered from the 28th week of pregnancy and cover will be paid even if the child is stillborn. An amount equal to 50% of the child's cover, for the plan selected, will be paid. This will only be paid out if the Policyholder has no other children; only if those children are covered.

Waiver Of Premium lf any family members are covered under the Policy and the Policyholder dies before the Policy anniversary preceding the 65th birthday, all premium payments would be waived for other lives covered under the Policy. All automatic premium updates will stop at the date of death.

Waiver Of Premium cont. This benefit will not be payable if the Policyholder was above age fifty-four (54) at the start of the policy. Same applies to a memorial cover benefit

OPTIONAL ADD ONS

Cash Bonus The minimum premium is GHS¢50 and the maximum premium is GH¢ 2OO. The Policyholder can withdraw from the Policy after the 1st year and maximum allowable withdrawal amount is 50%. Full withdrawal can be made after three (3) years and when this occurs, premium payments into the fund can continue.

Cash Bonus cont. The Policyholder has the option to stop the contribution into the fund after any such full withdrawals.

Memorial Benefits Memorial cover benefits (when applicable)

7 Days Pre-burial 30% of the total sum assured would be payable if Policyholder opts for this benefit. Payment would be made after Enterprise Life has confirmed death of the life covered.

40 Day Celebration 50% of total sum assured would be made payable if Policyholder opts for this benefit. Payment would be made after Enterprise Life has confirmed death of the life covered.

Outline PRODUCT FEATURES Inflation protector Waiting period Number of lives and Ages at Entry Outline

Inflation Protector When the Policy reaches an anniversary date, the premium, excluding the Policy fee, will increase by the percentage selected by the Policyholder at the inception of the Policy. The Policy lists the agreed percentage increase.

The Policyholder must choose the lives to be covered on this Policy from the table above A life cover for a child will cease to apply when the child attains 21 years. The child's portion of the premium will be converted into a cash bonus and pald.to the Policyholder (or to the child)

You do not need to confirm this increase, it happens automatically You do not need to confirm this increase, it happens automatically. Once the option is exercised, these increases can be reduced but not increased during the lifetime of the Policy. Premium increases may be cancelled by writing to the company.

2.WAITING PERIOD There's a six months waiting period for all Lives Assured before they can I benefit from the sum assured when the person dies of natural causes. But if death from natural causes ,occurs within the waiting period of these natural fifty (50%) of the premiums paid in respect of that life refundable to the Policyholder.

This excludes Policy fee of GH¢0. 50 This excludes Policy fee of GH¢0.50. If any lives are added after Policy inception the waiting period for that life will be 12 months and there will not be any refund of premiums. Examples of natural death are illness, stroke, heart attack, etc.

AGE AT ENTRY

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