Group Funeral Expense (GFE) is a social welfare fund that was established to accord members and their immediate families a decent send-off upon demise. All members are required to pay kshs.100 every month as GFE. A member is required to list his/her immediate family members (spouse, children, biological parents and parents-in-law) in the application form prior.
Features
GFE covers up to 7 family members. Below is the list of the members covered and the amount.
BENEFICIARY | AMOUNT |
Death of a Principal member | Family gets Kshs 145,000.00 |
Death of a spouse | Member gets Kshs 45,00.00 |
Death of a child | Member gets Kshs 40,000.00 per child |
Death of a parent / parent in law | Member gets Kshs 30,000.00 per parent |
During the claim process, the following documents will be required:
- Duly completed claim form.
- Copy of ID card for both the deceased and the principal member.
- Original and stamped burial permit.
- All Death claims will be reported within six months from the date of death.
If you have not updated your group funeral expense next of kin. Kindly download the update form the link below. Fill the form and send it back to info@maishaborasacco.com
Please note only members who have updated their next of kin records with us shall qualify for claims settlement.