Benevolent

A buffer fund where members make monthly contributions to meet expenses upon bereavement of an immediate family member as declared by the member in advance. The contribution is Kshs. 300/= p.m.

Details of package (upon demise of declared dependent)

DependentDetails Payable to
Principal member Ksh. 100,000 Declared claimant
Spouse

Ksh. 80,000

Maximum claims = one spouse
Principal member
Child

Ksh. 80,000 (per claim)

Maximum claims = Four children up to 30 years
Principal member
Parent

Ksh. 50,000 (per claim)

Maximum claims = Two biological parents
Principal member

Note

  1. To update your beneficiaries, please fill in the Benevolent Fund application form and send to us via email
  2. To request a claim, please fill in the Benevolent Fund claim form and send to us via email. You will be required to attach certified proof eg. death notification slip or death certificate

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Location: Golf View Suites, 3rd Floor, Muthaiga
along Wambui road, off Kiambu/Thika road
Postal address: P.O. Box 11539-00400, Nairobi.
Tel:  +254 (020) 2211600
Cell: +254 (0) 720 833326 / 733 967707
Email: info@balozisacco.com

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