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Funeral Expenses Plan

  • Objective

    A life insurance Plan specifically designed for those who would like to provide a lump sum on death in order to help their loved ones to cover the cost of their funeral.

    Benefits

    You choose whether you would like the Plan to pay out €5,000 or €10,000 on your death, and we will calculate the cost accordingly. If you reach your 90th birthday you stop paying your premiums but the life insurance will continue for the rest of your life. Your Plan will pay out a lump sum (the “Death Benefit”) when a person insured by it dies, whenever this occurs. The Plan will end after the Death Benefit has been paid. The Plan also offers the option to designate one or more beneficiaries to ensure that it pays out quickly and directly to the people you want the money to go to.

    Key Features

    Type - Whole of life Protection
    Minimum Premium - €11.25 – €185 monthly (premiums will stop at age 90)
    Age of insured person - Between 35 and 80
    Period of cover - Whole of life
    Number of insured persons - 1
    Standard Benefits - Death Benefit

     

Legal Information

Calamatta Cuschieri Investment Services Ltd (CCIS) is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act, CAP 487 of the laws of Malta for MAPFRE MSV Life p.l.c.. MAPFRE MSV Life p.l.c. is authorised by the Malta Financial Services Authority (MFSA) to carry on long term business under the Insurance Business Act, Cap 403 of the Laws of Malta. Both entities are regulated by the MFSA. Terms and conditions apply. Issued by CCIS. The Protection Plans distributed by Calamatta Cuschieri Investment Services Ltd (CCIS) are products of MAPFRE MSV Life plc.