If I have 5 siblings and we are all memers of the sacco, we are all contributing to the scheme individually, we lose our parent/s, can we all be compensated at the same time? If no, why not?

The parent is covered at full benefit with priority to the sibling’s cover option who shall have enrolled first. Only one more subsequent sibling can be allowed, and shall receive the lesser of the difference between the first sibling’s cover option and the maximum of Kes 750,000 subject to the second sibling’s option e.g.

i) 1st sibling option Kes 500,000 is payable in full – 2nd sibling option is Kes 500,000 only Kes 250,000 is payable

ii) – 1st sibling option Kes 200,000 is payable in full – 2nd sibling option is Kes 500,000 then Kes 500,000 is payable to second sibling

iii) – 1st sibling option Kes 300,000 is payable in full – 2nd sibling option is Kes 500,000 then Kes 450,000 is payable to second sibling

The decision regarding who joined first solely lies with KUSCCO Mutual Assurance. Where a scenario of same date of joining occurs, and the sum of options are less than Kes 750,000 proportionate division of the benefits shall be applied.