First Funeral Assurance is a Funeral Underwriting Company incorporated in the year 1994 with specific mandates of underwriting the funeral contingent risk. The skill of underwriting in a Funeral Insurance set up extends the control mechanism in the process of seeking and classifying exposures in an essential element in the operation of our funeral assurance program.
In the event that selection programs and procedures are irregular, ineffective and weak, the inevitable result will create selection adversity to the company. First Funeral Assurance has conducted upscale effective underwriting programs and in certain cases non underwriting schemes for the benefit of the community and company where risk exposure is balanced. The communities have had very positive benefits in as far as benefits are concerned by such means of underwriting and assortment of risks.
Ascertain level of quality perception which has been eminent in First Funeral Assurance and that underwriting quality levels in funerals is no guarantee as alleviation of losses completely, it is merely a measure to avoid a disproportional number of bad life in funeral risk. Therefore as First Funeral Assurance, we share an adequate measure of exposures in each class of funeral risk and we guard against congestion in emphatic concentration of exposures that may result in financial funeral related catastrophes.
Our business and social focus has evolved from the humble realization and conviction that, an honest and professional investment in the Market shall subsequently usher both economic and moral returns.
Our personnel are guided by a set of fundamental beliefs that will help us in realising our vision as an Organisation:
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