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Benefits of Family Insurance

  • With family insurance the subscriber takes out financial worry for last expenses.
  • Subscribers cover their beloved ones from risks and save funds for future emergency.
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  • Family Insurance

Losing a loved one can be hard, PRIME LIFE Family Insurance takes out the financial worry of arranging a funeral. You can protect yourself and your family by paying an annual or monthly premium. This premium will secure your access to an emergency fund which will help pay for funeral expenses within 6 hours.

Regular Family/ Option 1:

Monthly Premium 5,000 Frw (+) Risk: 2,500 Frw
Savings: 2,500 Frw (+)
Covered PAYOUT
Subscriber Death 1,000,000 FRW
Permanent Disability [Rate >=70%] ,000,000 FRW
Spouse Death 700,000 FRW
Child Death 300,000 FRW

  • Product Features

This product has special features that enable clients to do savings and include parents in the policy:

  • Single employees can replace family dependents with parents aged less than 65 years old.
  • Married employees have also the option to add parents and parents in law by paying extra premium of 2,500 FRW monthly.

  • Other Product Features:

  • Interest on savings: Annual interest is generated on savings deposited
  • Waiting period: There is no waiting period in case of accident but 2 months for other cases.
  • Partial Surrender on savings: Allowed after 3 years
  • Total Surrender on savings: Allowed after 3 years
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