Funeral Cover
The SteadFin Funeral product is a plan that provides payment in the event of the death of a member, their spouse, children, parents, and other dependents.

The policy is meant to:
- Offer Peace of mind for your family in the event of arranging a funeral.
- Less emotion and stress in the event of arranging a funeral.
Details of the Cover
ITEM | DETAILS |
---|---|
Geographical Cover:
| Worldwide |
Benefits per member:
| as per individual |
Annual Premium per member:
| as per individual
|
Member Maximum age entry:
| 65
|
Parent’s Maximum age entry:
| 80
|
Children Maximum age entry:
| 18
|
Benefit cease age:
| 85 |
Benefits of the Funeral Cover
- Payments can be made through allotment/savings.
- In the instance of an untimely death of an enrolled member, payment is made to the deceased’s family.
- One can opt to collect a lump sum or request services from a desired Funeral Service Provider, equivalent to the sum assured.
- The cover is extended to our parents, up to the age of 80 for enrollment and up to 85 years as the cease age
- The scheme is renewable annually
Charges
ANNUAL PREMIUM | SUM ASSURED | |
---|---|---|
Principal
| 50,000 | 8,000,000 |
Spouse | 45,000
| 7,000,000
|
Child | 35,000
| 5,000,000
|
Parents below 75
| 85,000
| 5,000,000
|
Parents above 75
| 150,000
| 5,000,000
|
Claiming Benefits
To make a claim, Members are required to present the following documentation, which are vital for the process:
- Death certificate: This is processed from NIRA
- Valid ID of the deceased: This can be a National ID or passport
Submit a filled-in application form at our offices or send it through email to admin@steadfin.com
We also offer:
Loans
We offer a variety of loan options to help our members finance their personal and business needs.
Savings Accounts
Our savings accounts are designed to help our members save money for the future.
Insurance
As an added essential insurance service, is to promote the members’ welfare.