Diaspora Insurance Blogs

Participation in African Ambassadors Labor Mobility Summit in Germany

By Diaspora Insurance News BERLIN: Germany, like major European economies, faces acute on chronic shortages of labour in key areas like healthcare, information technology, engineering and education. The labour shortages in these key sectors of the economy have led to an increased demand for skilled migrant labour. With it, migrant labour brings a lot of challenges to the government, employers, employment agencies, and communities. To this end Giving Africa a New Face (GAaNF) and 360 Alliance, non-profit organisations in Germany, organised the African Ambassadors Labour Mobility Summit 2.0 in Berlin, Germany, on 15th of March 2024. Some of the objectives… Read More
team4dfiParticipation in African Ambassadors Labor Mobility Summit in Germany

Why Should Burial Society Members Take the Diaspora Funeral Cash Plan Policy?

By Diaspora Insurance This is a very pertinent and frequently asked question, and thank you for taking time to engage us. By openly discussing this question it has helped us help a lot of people in exactly the same situation with you. I also want to commend you for being a member of a burial society because it shows that you are aware of the need to protect not just yourself but your loved ones as well. When it comes to personal/family protection a lot of factors need to be considered but ultimately, it’s about the outcome one wants to… Read More
team4dfiWhy Should Burial Society Members Take the Diaspora Funeral Cash Plan Policy?

Understanding Diaspora Funeral Cash Plan Premiums: Fixed or Subject to Increase?

Diaspora Insurance is a global company authorised and regulated by the FCA (795897) and has been in operation for more than 10 years now. At Diaspora Insurance treating customers fairly is embedded in our culture hence the premiums are fixed. The premium will only change if the client alters the policy for example when they increase or decrease the cover amount, add, or remove lives. Keeping other things constant, you only pay a guaranteed premium for the life of the policy.  Other insurance companies take customers at a low premium to attract them to their policy, then each year, they… Read More
team4dfiUnderstanding Diaspora Funeral Cash Plan Premiums: Fixed or Subject to Increase?

Find Repatriation Services Worldwide: Your Guide to Locating Assistance

There are many repatriation companies that offer repatriation services all over the world. One should not worry about repatriation services now for we do not know when and where death will happen. Death can happen at any time and anywhere.  Repatriation companies will always be there, and new players will join the market in the future. Taking a cash cover today will guarantee you the flexibility of choosing the most suitable repatriation services company to suit your budget. It is essential that one’s policy speaks to their needs and reality. Treating customers fairly means that the policy should meet the… Read More
team4dfiFind Repatriation Services Worldwide: Your Guide to Locating Assistance

Paying Diaspora Funeral Cash Plan Premiums: Convenient Options Explained

At Diaspora Insurance we pride ourselves on providing specialist and bespoke insurance products to transnational citizens otherwise referred to as expatriates or Diasporans. Diaspora Insurance are the providers of the bespoke Diaspora Funeral Cash Plan, a cash plan designed for Africans living in the diaspora. Premiums can be paid worldwide. As part of treating our customers fairly Diaspora Insurance has different ways for customers to honour their payments depending on their location. Below are our payment options: 1. Recurring card payments Mastercard and Visa card holders can pay recurring card payments. Premiums are deducted monthly, and clients can update their… Read More
team4dfiPaying Diaspora Funeral Cash Plan Premiums: Convenient Options Explained

Understanding Insurance Premiums: Why Rates Are Higher for Older Individuals

Life insurance premiums are dependent on age – the older you are, more you pay. If you buy a policy at a younger age, you will pay lower premiums for the policy duration as compared to some one older. How? Because with increasing age, there is higher chance that your health might decline, and the insured event may happen significantly prior. As you get older, your insurance premiums are likely to rise as well. This is because older age means a higher chance of mortality, hospitalization, and medical expenses. As we age, we’re at increased risk of developing underlying health… Read More
team4dfiUnderstanding Insurance Premiums: Why Rates Are Higher for Older Individuals

Covering Your Partner’s Children: Diaspora Funeral Cash Plan Eligibility Explained

One of the most frequently asked question for people who want to take the Diaspora Funeral Cash Plan is “Can I cover my partner’s children although they are not my biological children?” The answer to that is: The Diaspora Funeral Cash plan allows you to cover yourself and your loved ones as long as there is insurable interest. Insurable interest refers to you suffering a financial loss in the event of death of an individual. To address the question, we also look at insuring children in general. The following categories of children are eligible for cover with Diaspora Funeral Cash… Read More
team4dfiCovering Your Partner’s Children: Diaspora Funeral Cash Plan Eligibility Explained

Diaspora Funeral Cash Plan: Refund Policy for Canceled Policies Explained

The Diaspora Funeral Cash Plan is a unique type of prepaid funeral plan insurance that has no surrender and is quite different from a life insurance policy where you may claim your money for funeral expenses at any time. The Diaspora Funeral cash plan is a product offered by Diaspora Insurance, an Insurance Company based in the UK. Death is a certainty and funeral planning should be and remain in things-to-do, for any living human being. Diaspora Funeral Cash Plan only pays out a lump sum on claim (upon death), however, unless the cover is cancelled within the first month… Read More
team4dfiDiaspora Funeral Cash Plan: Refund Policy for Canceled Policies Explained

Making a Claim with Diaspora Insurance: Easy Steps Explained

One of the most asked questions associated with ‘how do I make a claim with Diaspora Insurance?,  is, ‘how do you qualify a valid Diaspora Funeral Cash Plan?’ These two go hand in hand. How we at Diaspora Insurance qualify a valid Diaspora Funeral Cash Plan is straight-forward. Because we understand that when families are grieving the loss of a loved one, it is a very difficult time, we make it easier by making the insurance claim process hassle-free whether you are making the claim from the diaspora or anywhere in the world. A claim would arise if a policyholder… Read More
team4dfiMaking a Claim with Diaspora Insurance: Easy Steps Explained

Diaspora Funeral Cash Plan Premiums if the Company Goes Bust?

Destiny finance trading as Diaspora Insurance LTD is regulated and authorized by the Financial Conduct Authority (FCA) under Firm Reference  Number: 795897. It is also a  member of the UK Financial Services Compensation Scheme (FSCS) which  is an independent and free service scheme, protecting consumers when financial firms fail. In addition, Diaspora Insurance is reinsured by one of the biggest reinsurance companies called Africa RE, FM Re and is underwritten by Guardrisk Life International Limited. In essence, YES, your premiums are protected through the following platforms: Financial Conduct Authority (FCA) UK Financial Services Compensation Scheme (FSCS) Guard Risk Life International… Read More
team4dfiDiaspora Funeral Cash Plan Premiums if the Company Goes Bust?