Spouse(s) and dependent children,< (if not available then…)
Other dependents, (if not available then…)
Nominees, (if not available then…)
Deceased Estate.
Your Spouse(s) shall be entitled to 50% and dependent children 50% of your Accumulated Credit.
Where there is a spouse only, he/she shall be entitled to 100% of the Accumulated Credit.
Where there are dependent children only, they shall be entitled to 100% of the Accumulated Credit.
The death benefit is taxable when it is being paid to the estate where the total benefit is paid to the executor of the estate.
Certified copy of the death certificate.
Certified copy of the Marriage Certificate or Confirmation of customary marriage from civil or magistrate court or three affidavits filled and signed by close relatives to the deceased with the same surname (excluding children and grandchildren),
Certified copy of birth certificates for Children below 18 years of age or above 18 years of age but below 23 provided they are undergoing full time education (for colleges a certificate of registration of the college with Ministry of Education is required).
Certified copy your Identity Document (ID) or valid Passport or Driver’s License,
Certified copy of your Spouse’s Identity Document (ID),
If no spouse or dependent a letter of administration is required,
Fully completed Member Exit Form submitted by the Employer,
Fully completed Employer Benefit Form for Employer extended benefits,
