Esteem Homecall Plan
Do not let the death of your loved ones affect you emotionally and financially at the same time. The emotional stress may not be avoided, but the financial stress can be avoided when you adequately plan for it by signing on the StarLife Esteem HomeCall Plan
WHAT IS THE ESTEEM HOMECALL PLAN
The StarLife Esteem HomeCall plan is a term assurance funeral policy which provides insured individuals and family members or groups with adequate cash to enable them organize befitting burial and funeral ceremonies for their loved ones.
HOW TO ENJOY THIS PLAN
The following are the basic requirement to all the benefits within this policy:
- Should be 18 years or above but not over 60 years;
- Should be a regular income earner
- Other close relatives 18 years to 74 years can be insured
- Evidence of health may be required
POLICY FEATURES
- Hedge against inflation through automatic annual increase in premium and benefits.
- Cash Bonuses if no claim is made over every three year period
- Waiver of Premium which ensures that all other insureds are covered in the event that the policyholder passes away.
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 bonus of 25% of annual premiums paid 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
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.
| Product Variant | 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 | GGH¢ 1,500 | GH¢ 2,500 |
| Prestige | GH¢ 10,000 | GH¢ 10,000 | GH¢ 3,000 | GH¢ 5,000 |
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
OUR SERVICE
- Prompt payment of all legitimate claims;
- Assured of speed and excellent Customer service support