Funeral cover · Ghana (GHS)

Farewell Insurance from GHS 6.50/mo

Affordable funeral cover that protects your family. Beneficiaries receive GHS 3,000 to GHS 10,000 when an insured life passes—money for funeral costs when it matters most. One policy can cover you, your spouse, up to 4 children, and up to 4 parents. Premiums auto-debit from your Naa Sika cash account so you never forget.

S.I.C Life Ghana — licensed & regulated by the NIC · Sold & serviced on Naa Sika

Family supporting one another — farewell insurance

What is Farewell insurance?

Farewell (funeral) insurance pays a lump sum when you die so your family can cover funeral expenses instead of scrambling for cash. Think of it as peace of mind—ongoing, auto-renewed cover with no fixed end date as long as premiums are paid.

Underwriter

S.I.C Life Ghana — NIC-regulated underwriting.

Platform

Naa Sika — digital sales, premium collection & claims support via chat.

Policy type

Ongoing & auto-renewed. Stay covered while premiums are up to date.

Plans & sum assured

Choose the payout level that fits your family. Higher plans mean higher benefit and higher premium.

Silver

GHS 3,000

Payout on valid claims · Basic cover, lowest premium.

Gold

GHS 5,000

Mid-tier — balanced coverage for many households.

Platinum

GHS 10,000

Highest cover for families who want more protection.

Who is covered?

One policy, one premium. A parent can be your parent or your spouse’s parent (in-law).

Coverage type	Who’s included	Premium level
Family	Policyholder + spouse + up to 4 children	Lowest
Family + 1 Parent	Family + 1 parent (mum or dad)	—
Family + 2 Parents	Family + both parents	—
Family + 3 Parents	Family + 3 parents (e.g. mum, dad, 1 in-law)	—
Family + 4 Parents	Family + 4 parents (full extended family)	Highest

Monthly premiums (Ghana, GHS)

Add 1% platform fee at each payment. Example: Silver Family GHS 6.50 + GHS 0.07 fee ≈ GHS 6.57 total.

Annual payment: pay once for the year — typical ~5% discount (e.g. Silver Family ≈ GHS 74/year vs ~GHS 78 monthly).

Plan	Sum assured	Family	F+1 Parent	F+2 Parents	F+3 Parents	F+4 Parents
Silver	GHS 3,000	GHS 6.50	GHS 8.50	GHS 10.50	GHS 12.50	GHS 14.50
Gold	GHS 5,000	GHS 10.50	GHS 13.75	GHS 17.00	GHS 20.25	GHS 23.50
Platinum	GHS 10,000	GHS 21.00	GHS 27.50	GHS 34.00	GHS 40.50	GHS 47.00

Cheapest: Silver Family at GHS 6.50/month (+ fee).
Example mid: Gold Family + 2 Parents — GHS 17.00/month (+ fee).
Maximum in table: Platinum Family + 4 Parents — GHS 47.00/month (+ fee).

Why customers choose Farewell on Naa Sika

Affordability

From GHS 6.50/month for Silver Family (before 1% fee).

Family coverage

You, spouse, up to 4 kids, and up to 4 parents on one policy.

Auto-debit

Monthly premiums debit from your Naa Sika cash account at 10:00 AM on the due date.

Ongoing cover

No fixed term—pay premiums, stay covered.

Licensed insurer

S.I.C Life Ghana, regulated by the NIC.

Digital-first

Buy and pay via Naa Sika chat—no branch visits.

No medical exam

Simple sign-up with minimal requirements (subject to product rules).

Annual option

Pay once a year and save with the typical ~5% discount.

Where the payout helps

Ceremony & venue

Funeral home, faith venue, hall hire.

Burial / cremation

Casket, urn, mortuary services.

Transport

Hearse and family logistics.

Repast & gathering

Hosting mourners.

Documentation

Certificates, permits.

Family buffer

Cash benefit for ancillary costs.

All insurance products

FAQ

How much does it cost?

Silver: GHS 6.50–14.50/month (+ 1% fee) for GHS 3,000 cover. Gold: GHS 10.50–23.50 for GHS 5,000. Platinum: GHS 21–47 for GHS 10,000. Depends on coverage type (Family through Family + 4 Parents).

What’s the difference between Silver, Gold, and Platinum?

Silver = GHS 3,000 payout. Gold = GHS 5,000. Platinum = GHS 10,000. Higher plan = higher payout and higher premium.

What does “Family + 1 Parent” mean?

Family = you + spouse + up to 4 children. Family + 1 Parent adds one parent. Family + 2 Parents adds both parents, and so on up to four parents on one policy.

Is there a discount for paying annually?

Yes — typically about 5% (e.g. Silver Family roughly GHS 74/year instead of ~GHS 78 if paid monthly).

When do I pay?

Monthly: auto-debit at 10:00 AM on your due date—top up your cash account before then. Annual: once per year.

What if I miss a payment?

You have a 30-day grace period with reminders. After that the policy may be suspended. Use Insurance → My Policies → Pay Premium to catch up.

Does Farewell “expire”?

It’s ongoing. Pay premiums to stay covered. If you stop paying, the policy can lapse per terms.

Who underwrites it?

S.I.C Life Ghana — licensed and regulated by the National Insurance Commission (NIC).

Life & Farewell insurance powered by

Naa Sika provides digital distribution, premium collection via your cash account, and claims support. Underwriting and final claim decisions are made by S.I.C Life Ghana in line with NIC rules.