This plan is designed to provide a financial benefit of Seven Thousand Five Hundred Dollars (EC$7,500) to assist with the funeral expenses of a deceased member.
The annual payment of fifty dollars (EC$50.00) will be deducted from shares by January 31st each year. The member is obligated to deposit at least twenty-five dollars (EC$25.00) monthly or three hundred dollars (EC$300.00) per year to ensure that at death their beneficiary is eligible.