It is a funeral policy plan which provides funeral cover to Zimbabweans resident in foreign countries and wish to be repatriated to Zimbabwe for burial in the unfortunate event of them passing on.
The plan provides cover for the principal member, spouse and children below the age of 23. Other dependants and children above the age of 23 are covered at an additional premium.
How Policy Works
Minimum entry age for the principal member is 18 years and the maximum is 70years.
The surviving spouse can immediately take over the policy with no waiting period.
However, failure to continue to pay premiums when due will result in the policy lapsing.
The policy has a waiting period of three (6) calendar months. Cover is immediate if death is as a result of road traffic accident.
Spouse, biological children and legally adopted children of the principal member under the age of 23 and extended family members residing with principal member in a foreign country or at home in Zimbabwe.
The SIP policy does not mature and premiums are paid in perpetuity.
The policy will lapse after three (3) calendar months of non-payment. A grace period of 15 days is allowable.
Yes, you can. However, in the event we are unable to provide the services, Nyaradzo will pay a sum assured as reflected in the policy contract.
Only Zimbabwean citizens wishing to be buried in Zimbabwe can take out this policy.
Yes, one can take the SIP plan.
You can only cover dependants in your country of residence and Zimbabwe.
For a permanent relocation, you should notify Nyaradzo immediately and if it is a temporary relocation cover is provided for up to six months, thereafter Nyaradzo should be notified of the change and policy converted to reflect the new location.
Children who are above 23 are not covered for free regardless of them being at university or not. They are treated as other dependants and pay a premium.
Yes, Nyaradzo will cover a single spouse under the immediate family and additional spouses will be covered at an additional premium as dependants.
Yes you can be a proposer on the policy and premium payments should be made in foreign currency.
Yes you can cover family members in Zimbabwe subject to there being an insurable interest.
In the event of death of the principal member, the benefit is paid to the spouse or an appointed family member.
Nyaradzo has enough capacity at all branches and always working on increasing our capacity.
Coffins are provided for in Zimbabwe and are as per plan type.
Nyaradzo will provide own accommodation where we have the facilities. In places where we don’t have our own, Nyaradzo has partnerships with providers of accommodation.
Two return air tickets are provided in each instance for people covered under the policy.
Chairs, Tents and Portable toilets are only provided in Zimbabwe for a maximum of 2 Nights.
We allow use of these for a maximum of seven days.
Yes, both can be hired at market rates subject to availability .
The vehicle can be delivered to you at the airport or collected from our offices, depending on what it is that is convenient for you.
You will be paid cash in lieu of service.
Air travel will be arranged through our travel agent and will use most efficient and available airline at the time of travel.
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