BPOMAS currently offers members a funeral benefit that is given to a principal member and their dependents at no cost. The table below shows the current funeral benefit available to members and their dependents under the various benefit options.
|
|
MEMBER |
MEMBER’s SPOUSE |
CHILDREN 16- 21YEARS |
CHILDREN 6- 15 YEARS |
CHILDREN 0- 5 YEARS ( including still born) |
|---|---|---|---|---|---|
|
Premium Benefit Option |
12 500 |
12 500 |
9 350 |
4 000 |
2 000 |
|
High Benefit Option |
10 000 |
10 000 |
7 500 |
3 000 |
1 800 |
|
Standard Benefit Option |
5 000 |
5 000 |
3 750 |
1 800 |
1 200 |
*all amounts are in BWP
BPOMAS now allows members to top up (increase) the funeral benefits on the above table and secure extra money to help with logistics during bereavement.
The table below shows the additional amounts payable monthly for increasing the funeral benefit for the various options;
|
Premium rate |
P1.05 |
|---|---|
|
Option 1 |
Member : P 1 000.00 |
|
Premium rate |
P2.10 |
|
Option 2 |
Member : P 2000.00 |
|
Premium rate |
P5.25 |
|
Option 3 |
Member : P 5000.00 |
The maximum amount that can be paid as FUNERAL BENEFIT for a member and spouse is P50 000
The maxium amount that can be paid as a funeral benefit for children dependents is P30 000
