Ready Purse Initiative

Our Funeral Expense Savings Plan allows registered members to accumulate funds specifically for their own funeral and burial expenses, or for those of their designated loved ones.

• Flexible Contributions: Members can save at their own pace, after starting with a fixed deposit amount of 250,000/=. Save what you can afford, whenever you want.
• Secure Deposits: All deposits are made exclusively to the designated Ready Funeral Purse Initiative company account. A receipt will be issued for each deposit, which must be presented to our accounts office for record-keeping and approval.
• Withdrawal of Funds: Funds saved with the Ready Funeral Purse Initiative are exclusively for funeral expenses for the registered member or their covered dependents, as outlined herein. Withdrawals for any other purpose are not permitted. All accumulated funds will be paid directly to the chosen funeral home upon a validated claim.

• For the main member: Upon the passing of a registered Main Member, their designated Next of Kin will process the funeral arrangements. The accumulated savings will be paid directly to Executive Funeral Services to cover the selected funeral package. If savings are insufficient, the available funds will be paid to Executive Funeral Services, and the family will be responsible for topping up the remaining balance directly.For a deceased loved one: If a member loses a loved one covered by this plan, the accumulated savings will serve as a starting point or, if sufficient, will cover all funeral arrangements. If funds are insufficient, the available amount will be paid to the funeral home, and the family will need to cover the remaining balance directly with the funeral home.

Peace of mind: Provides financial relief in times of loss, helping families deal with grief rather than worry about funeral expenses.

Flexible contributions: Starting with a fixed deposit of 250,000/=, save what you can afford after, whenever you want, without monthly or quarterly obligations.

Dignified send-off: Ensures a decent and well-deserved farewell for your dear ones.

Direct payment: Funds are paid directly to the funeral home, simplifying the financial process for the family.

Who Can Apply: Any individual aged 18 years or above.

Who Can Be Covered: The saved money can cover:
• The Main Member
• The Main Member’s designated family and friends

Please ensure that a copy of the following documents is attached:

1. Upon the occurrence of death of a member or loved one, Ready Funeral Purse Initiative Uganda should be notified by phone, email or by visiting our office.
2. Proof of death or a copy of the Death Certificate
3. A duly completed claim form provided by Ready Funeral Purse Initiative (U) Ltd
4. National ID (NIN)/Passport/Driver’s Licence of the Claimant.
5. For Deceased Main Member Claims: Copy of the Deceased Main Member’s National ID (NIN)/Passport/Drivers Licence.
6. A copy of the savings statement made to the Ready Funeral Purse Initiative.

If the deceased is a relative, loved one, or friend (Non-Main Member). The Main Member themselves is responsible for processing the claim for their deceased loved one.

Delegation Note: Should the main member be unable to process the claim for any reason, they may formally delegate this responsibility to their designated Next of Kin.

For claims involving a deceased loved one (spouse, child, parent, parent-in-law, or designated friends) who was not the Main Member, the Main Member (or their delegated Next of Kin) must provide official documentation at the time of claim to verify.

Your membership will terminate under the following conditions:
• Upon the main member’s death: The plan fulfils its purpose upon the passing of the main member.
• Deceased member’s account closure: If a member passes away and the family wishes to continue saving, a family member must register and create a new account. The deceased member’s account will then be closed.

• Date of commencement: This contract commences immediately upon receipt of the initial membership payment and after the completed application form has been received and approved by Ready Funeral Purse Initiative.

1. Dial *165#
2. Option 4 payments
3. Select goods and services
4. Merchant code: 45 70 89
5. Reference Number: Input your plan number
6. Amount
7. PIN Number

AIRTEL Mobile Money

1. Dial *185#
2. Option 4 Pay BILL
3. Option 9: Others
4. Enter business number: 43 99 611
5. Enter Amount
6. Reference Number: Input your plan number
7. PIN Number