COMPREHENSIVE FUNERAL PLAN

Effective 1st July 2020, the MASM Funeral Benefit is now provided through the MASM Group Funeral Policy, underwritten by NICO Life Assurance Company Limited. In the event of death of the insured life, the MASM Group Funeral Policy provides funeral services to ensure the deceased if provided with a decent burial in line with our promise to provide our members with cover “from the cradle to the grave”.

The policy provides funeral service through registered Funeral Service Providers that have been duly vetted and approved by NICO Life to ensure quality of service. This is a departure from the previous arrangement where a cash pay out was made to the bereaved family. The new policy ensures that the deceased is accorded a dignified and decent burial. MASM Group Funeral Policy provides cover in form of funeral service according to scheme the deceased was registered on, up to the limits stated below

Masm FUNERAL COVER

MASM Group Funeral Policy provides cover in form of funeral service according to scheme the deceased was registered on, up to the limits stated below

VIP/VIO

MK1,000,000.00

Executive/EXO

MK750,000.00

Econoplan

MK500,000.00