Esteem HomeCall Plus

 

Do not let the death of your loved ones affect you both emotionally and financially. While the emotional stress may not be avoided, the financial stress can. Plan adequately with the Esteem HomeCall Plus.

 

WHAT IS THE ESTEEM HOMECALL PLUS?

 

The Esteem HomeCall Plus is a term assurance funeral policy which provides insured individuals and family members adequate cash to enable them organise befitting burial ceremonies for their loved ones.

 

ELIGIBILITY

 

Should be 18 years or above but not over 60 years;

Should be a regular income earner

Other family members between 18 years to 74 years can be insured

MAIN POLICY BENEFITS

 

Death Benefit

A lump sum payment equal to the sum assured as stated in the Policy Schedule will be paid to you in the event of the death of any of the insured individuals.

Cash Back

A cash back of 25% of the annual premiums paid for the third year will be payable to the policyholder every three consecutive years if no claim has been made.

Waiver of Premium

An automatic waiver of premium enables the policy to be in force for the other family members even after the death of the policyholder before age 65 years

 

Free Cover

The policy offers free cover for policyholders after age 65 years till they have attained age 80 years. This will apply only if the policyholder signed on to the policy before age 55 (Age next birthday) However, if the benefits increase option was exercised, this option would automatically cease as soon as this feature is activated. All other assureds are covered until the 80th birthday of the Principal Assured.

 

OPTIONAL BENEFIT

 

Increment Benefit – To hedge your benefit against inflation

The table below summarizes the annual benefit structure with its respective premium increment

 

Options Annual Premium Increase Annual Benefit Increase

Option 1 10% 6%

Option 2 15% 9%

Option 3 20% 12%

 

 

PRODUCT OPTIONS

 

The table below summarizes the benefit structure applied under various product options.

 

Benefit Category Main Member Sum Assured Spouse Sum Assured Child Sum Assured Extended Family Sum Assured

Basic GH¢ 2,500 GH¢ 2,500 GH¢ 750 GH¢ 1,250

Standard GH¢ 5,000 GH¢ 5,000 GH¢ 1,500 GH¢ 2,500

Prestige GH¢ 10,000 GH¢ 10,000 GH¢ 3,000 GH¢ 5,000

Elite GH¢ 15,000 GH¢ 15,000 GH¢ 4,500 GH¢ 7,500

Ultimate GH¢ 30,000 GH¢ 30,000 GH¢ 9,000 GH¢ 15,000

 

 

CLAIMS PROCEDURE

 

The Company will pay legitimate claims promptly on receipt of the following but not by way of limitation:

 

A valid Death Certificate or any other legal proof of death

Evidence of relationship with Principal assured

Evidence of coverage