Smile: Making Insurance Affordable
SmileLife Insurance Company Limited, Making Life Insurance Affordable
Group Life Products Policy

Product Profile (Thandizo Funeral Policy)


Thandizo Policy is an individual/family funeral plan. It is an all embracing funeral planning product for individuals who are articulate planners
in life and those who care.themselves and their families. It is meant for those that do not want to leave the burden of their funeral arrangements
to their relatives or neighbours. This is a unique product which has been pioneered in Malawi by Smile Life Insurance Limited.

Who is covered?

Thandizo Policy covers the individual buying the policy (policy holder) and/or the following family members:
* Spouse
* Biological Children under the age of 18
* Dependent Children under the age of 18
* Dependent Adults (Brothers, sisters, nephews, nieces, children aged 18-25)
* Parents and Parents-in-laws
Benefits

In the event of death of the insured life, a specified amount of money shall be paid to take care of the funeral expenses.In lieu of cash, the policy
holder may opt for services of professional funeral parlours with whom Smile Life has entered into partnerships.

What services will be availed by funeral parlours?

The funeral parlours will provide some or all of the following services depending on the levels of cover (Sums Assured)
* A specified type of Casket/Coffin
* Cheque for groceries during the funeral
* Grave Carpet Cover and Lowering Machine
* Funeral programs
* Hearse: Free transport for some specified distance. Additional kilometer charged at concessional rates
* Tent at grave for bereaved family
* Two undertakers for maximum two nights
* Mortuary Services
* Flower arrangement-optional
* PA System-optional
Additional Benefits (Optional)

Besides the above benefits, the policy holder might wish to also opt for additional benefits as follows:

Survival Benefit: If all insured lives survive the policy term (if ther is No Single claim), aspecified percentage of the premiums paid will be
refunded to the policy holder.

Tombstone Benefit: The tombstone benefit is paid as a lump sum 12 months after the funeral cover is paid.

Grocery Benefit: The grocery benefit will only be paid once in the event of death of either the policy holder or the spouse as elected
by the policy holder at inception. It will be paid continuosly for a period of 12 months after payment of the funeral cover.

Inflation Beater Benefit: The grocery benefit will only be paid once in the event of death of either the policy holder or the spouse as elected
by the policy holder at inception. It will be paid continuosly for a period of 12 months after payment of the funeral cover.

Requirements for a Quotation

To enable us produce a quote for you at no cost at all, we would require the following information:
* Name(s) of member(s) to be included under the policy
* Date(s) of birth of the member(s)to be included under the policy
* Funeral Insurance Benefit per individual member (i.e. MK 500,000.00 or less)
* Cover Option
* Term of the policy (either 5 or 10 year term)
Download Thandizo Application Form