This Scheme has been introduced to assist members during the loss of loved ones. It covers the death of any member who has joined the scheme and of a member of an employee's immediate family. It lays down the extend of assistance that will be available to the member or surviving relatives. To offer moral and material support to members and their immediate family in the event of bereavement.
The policy shall cover all members of the society and staff employed by the society currently listed as members of the scheme. To establish the extend of moral and material support that will be provided to members or their immediate family in the event of bereavement.
1. Principal member and immediate family shall pay P42.00 (1 spouse and 6 children).
2. Parents/Parents in-law shall pay P30.00 for P10 000.00 benefit.
3. Extended family shall pay P28.00 per person for P10 000.00 benefit.
| Principal Member | P20 000.00 |
| Principal Member's Spouse | P20 000.00 |
| Child 16 years and older | P20 000.00 |
| Child 6 - 15 years | P10 000.00 |
| Child younger than 6 years including still born | P5 000.00 |
1. No age limit for physical and mentally disabled children after the age of 25 years.
2. Maximum entry age of 75 years for parents and parents in-laws.
3. Maximum entry age of 75 years for extended family members (maximum of 8 people).