Funeral policy lapse calculator (Insurance Act, section 60)
What next: funeral policies and your rights · how to complain to IPEC
Indicative: a guide to section 60 of the Insurance Act, not legal advice. The paid-up period is counted from the end of the one-month grace (a Tulinde reading). Your insurer may grant better terms (s 61); ask it for the dates in writing.
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Get the free PDFThe rules the calculator uses
| Insurance Act | Rule |
|---|---|
| s 60(1)(a) | Insurer sends someone to collect premiums: in force for one month from the due date of the first unpaid premium. |
| s 60(1)(b) | Otherwise: in force until the date in a written notice served at least 14 days before that date. |
| s 60(3) and Schedule | Premiums paid 5 years or more (policy issued on or after 1 March 1957): in force for 6, 9, 12, 18, 24, 36, 48 or 60 months without further premiums. |
| s 61 | The insurer may grant more favourable terms. |
Text: Insurance Act. The calculator counts the paid-up period from the end of the one-month grace (a Tulinde reading of s 60(3), which applies when the premium is not paid within that period); ask your insurer for its own dates. Background: funeral cover.
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Frequently asked questions
How long is the grace period on a funeral policy in Zimbabwe?
One month from the due date of the first unpaid premium if the insurer collects premiums from you; otherwise until a date in a written notice served at least 14 days before (Insurance Act, s 60(1)).
I paid my funeral policy for 10 years and stopped. Am I still covered?
Under section 60(3) and the Schedule, a funeral policy with 9 to less than 11 years of premiums stays in force for the full sum insured for 12 months without further premiums.