Stanbic IBTC Insurance Launches Comprehensive Funeral Expenses Cover – Sunset Benefit Plan

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Stanbic IBTC Insurance Launches Comprehensive Funeral Expenses Cover – Sunset Benefit Plan
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Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, has unveiled its latest insurance product THE SUNSET BENEFIT PLAN, to help customers celebrate a life well spent and provide comprehensive funeral expenses coverage and financial security during bereavement or loss of their loved ones. This innovative insurance solution will transform the industry and bring peace of mind to policyholders and their families.

The Chief Executive, Stanbic IBTC Insurance Limited expressed his excitement about the Sunset Benefit Plan, emphasising its importance in financial planning. He stated, “Having a comprehensive funeral expenses cover is a crucial part of financial planning as it ensures that you are not caught unprepared when the unexpected happens. With The Sunset Benefit Plan, we are thrilled to introduce an insurance product that eases the burden of funeral expenses with the passing of a loved one. With this plan’s flexibility and customisation options, individuals can tailor their coverage to match their unique financial situations.”

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The Sunset Benefit Plan offers a wide range of benefits, making it a comprehensive solution for funeral costs. It covers policyholders and their loved ones, including spouses and parents or parents-in-law, with a next birthday age of up to 75 years at entry into the policy. The loved ones can be added through extra premium payments, allowing for a personalised experience.

Premium for the Sunset Benefit can be paid within a five-year period or paid till the age of 70 for policy holders who take up the policy after age 65.

The Sunset Benefit Plan is now available for interested individuals seeking financial security and peace of mind during life’s most challenging moments. With Stanbic IBTC Insurance Limited’s trusted track record in financial services and prompt claims management, policyholders can be confident that they are fully covered.

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