In London, the launch (http://www.diasporafuneralcashplan.com/events) will be in the Russell Suite at DoubleTree by Hilton Hotel West End, while in Manchester it will be at world famous Knights Lounge, Old Trafford Stadium (Man U FC). In Birmingham it will be in the Trinity Lounge at Villa Park Stadium (Aston Villa FC).
Underwritten by Zimnat Life (Zimbabwe) and Madison Life (Mlife, Zambia), the Diaspora funeral Cash Plan is an innovative cash-based funeral insurance which offers guaranteed acceptance for all applicants under the age of 75 without any cumbersome and intrusive medical checks on application or claim.
The organisers said while attendance would be free, all those interested in the road show must register on Diaspora Funeral Cash Plan website by the 10th of July 2015. This is to help with catering logistics and entry preference will also be given to pre-registered attendees.
The Diaspora Funeral Cash Plan, which is a cover for life and permanently a US$ denominated scheme, started in 2012.
The cover is targeted at alleviating the many traumatic situations that diaspora families have faced over the years.
Oftentimes, when they lose relatives in foreign countries or a close relative back home, many families struggle to send bodies of their loved ones to their final resting places.
The cover is available for up to US$20,000 per life.
“The purpose of the roadshow is to get to meet and thank the wide community who are using the Diaspora Funeral Cash Plan to guarantee themselves peace of mind.
All stakeholders will be under one roof including the Directors from Zimnat Life and Mlife, product advisers, existing clients and potential clients. Even more importantly, there will be testimonials from families that have benefited from the cover,” explained the Director Dr Sibert Mandega.
With guaranteed acceptance and no medicals at all, the qualifying requirements for one to be covered are streamlined and tailored to ensure a hassle free claim process.
Under the scheme, bereaved families get instant US$s cash pay-out at the death of their loved ones along with a range of other benefits targeted at alleviating the burdens that come with bereavement, especially in the diaspora.
The guarantee is that within 24hrs of proof of death, the cash is immediately remitted by Telegraphic Transfer into any bank account worldwide which provides instant relief to bereaved families.
The cover is available 24/7 through Diaspora Funeral Cash Plan website and interested applicants can also apply over the phone.
Traditionally, funeral insurance is structured as a goods and services which makes it inflexible and territorial.
“The Diaspora Funeral Cash Plan is uniquely a cash-based cover in appreciation of the complexities of diaspora death.
When it comes to diaspora death, a lot of families have had to resort to public begging mainly because families are suddenly faced with need for upfront cash resources to cover body repatriation, family travel, prolonged funeral vigils in the diaspora and back home and, of course, the burial costs.
Being cash-based and permanently US$ denominated, the Diaspora Funeral Cash Plan offers complete flexibility as it is a worldwide cover, a protection without borders.
Besides, body repatriation is not mandatory,” said Roda Williams the scheme’s Spokesperson.
The organisers said besides free buffet, a few luck winners will be sure to walk away with goodies like tablets and smart phones from the prize draws.