Protect your and your family’s future with a range of financial protection products.

Funeral cover comes embedded when you open an Absa Ultimate, Premier or Prestige Account

A lump sum amount is payable to the next of kin within 48 hours of notification of death of account holder. Benefit sum is paid out as follows: 

• Ultimate Plus Account holder: K2,500
• Prestige Current or Prestige Plus Account holder: K12,000 
  -Account holder's spouse: K6,000
  -Account holder's child: K2,000
• Premier Current or Premier Plus Account holder: K20,000
  -Account holder's spouse: K10,000
  -Account holder's child: K2,500
• Download the Umoyo Family Protection Policy brochure

Terms and conditions: 

• Entitlement to insurance cover is based on one having any of the accounts listed above, and this will form the basis of the contract between the underwriter and the plan holder.
• The insurance company will pay on all accounts held by any one person upon their death.
• Membership ceases upon closure of an account.
• The minimum age at entry is the legal age required for one to open an account and there is no maximum age.
• All references to age mean the actual age reached.
• No medical underwriting requirements will apply to any applicant under the policy.
• This insurance cover will be for account holders only and cannot be extended to family members.
• The underwriter will not accept or pay any claim for benefits under the policy if any person whom the policy covers, commits suicide within 2 years of the starting or restarting date of the plan.
• The underwriter will not consider any claim if the cause of death, of any life insured under the plan, is because of that life insured having violated the criminal law of Zambia.