CAL Funeral Trust Plan

As seasons come and go so is life. It is therefore essential that when death comes knocking on our doors, adequate financial preparations towards the funeral expenses as well as securing the livelihoods of loved ones is made.
 
The CAL Funeral Trust Plan is designed to provide the necessary financial assistance to
our clients and their dependants should the unexpected occur.
 
 
Who Our Funeral Plan Cover
  • Account Holder (Principal Insured).
  • Spouse.
  • Children.
  • Parents.
  • Parents in-law.
 
 
Age Limit
The Insured
Minimum Age
Maximum Age
Account Holder and Spouse
18 years
59 years
Parents and Parents in-law
35 years
74 years
Children
0 (From birth)
20 years
 
 
What It Covers
Only Death
 
 
Waiver of Premium
The waiver ensures that when the principal pass away, the dependants continue to enjoy their respective insurance benefits.
 
 
Sum Assured
Assured
Minimum
Maximum
Account Holder (Principal Insured)
GH¢ 1,000.00
GH¢ 4,000.00
Spouse
GH¢ 1,000.00
GH¢ 4,000.00
Dependants
 
 
Parents
GH¢ 1,000.00
GH¢ 2,000.00
Parents In-Law
GH¢ 1,000.00
GH¢ 2,000.00
Children/Wards
GH¢ 1,000.00
GH¢ 2,000.00
 
Benefits
  • Affordable and flexible premiums.
  • Pays compensation to the principal insured’s family in case of death.
  • Pays compensation to the principal insured when any dependants dies.
  • No medicals needed (just a declaration of good health form shall be filled).
  • Claims for account holders shall conveniently be paid into their CAL Bank accounts.
  • Non-account holders can pick up their claims from designated CAL Bank branches.
  • Continuous benefit of claims even if the principal holder dies (via waiver of premium).
  • Claims shall be paid within 48 hours or not more than 7 working days (upon receipt of all relevant documents).
 
How To Sign Up
  1. Clients can visit any of our networked branches to sign up.
  2. Terms and conditions apply.

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