Family Indemnity Plan
The family indemnity plan is a group insurance plan that provides funeral expense coverage for the member and 5 eligible family members. You can get coverage once you enroll before age 76.
Who is covered?
How to enroll?
All you need is to fill out and enrolment form and pay your first month premium. Verification of ages and relationship are also required e.g. copy of birth certificate, passport etc.
Note: Termination of payment cancels the plan and funds paid are non-refundable
|Plan||Individual Benefit||Monthly Premium||Plan A||JMD $80,000.00||JMD $422.40|
|Plan B||JMD $120,000.00||JMD $633.00|
|Plan C||JMD $150,000.00||JMD $792.00|
|Plan D||JMD $250,000.00||JMD $1,320.00|
|Plan E||JMD $400,000.00||JMD $2,112.00|
|Plan F||JMD $650,000.00||JMD $3,432.00|
|Plan G||JMD $1,000,000.00||JMD $5,280.00|
Members may enroll at any time during the year. There is a 6-month waiting period before claims can be made. However, if death is by accident, claims can be made immediately after the plan has been effected.