Rich world Sacco

05/09/2015

Rich world sacco risk management scheme

03/09/2015

RICH WORLD SACCO UNDER RICH WORLD INVESTMENTS
RISK MANAGEMENT SCHEME

This is mandatory internal insurance scheme for all members with monthly premium contribution of Kes.400.00 which provides cover for outstanding loans and main scheme deposits held alongside other benevolence assistance.

Members are required to ensure that all details provided are correct and updated regularly.

Upon death of a regular contributor [shares, risk & Loans], the nominated next of kin is paid one and a half times the main scheme deposits saved by the deceased (i.e bonus shares of 50% the amount saved).

Any outstanding main loan of the deceased member is written off against the pool of funds and guarantors released.

In patient medical claim (applicable to the contributor only). In the event of hospitalization, the contributor may claim Kes.400 per day up to a maximum of 60 days annually.



In Patient Medical Claim:

In patient medical claim (applicable to members only) in the event of hospitalization, member may claim Ksh. 400 per day up to a maximum of 60 days annually.



Member passes on:

Upon death of a regular contributor the nominated next of kin is paid one and a half times the main scheme deposits saved by the deceased.

Any outstanding main loan is written off against the pool of funds and guarantors released.



Death Claims:

In the event of death we reimburse as follows:

Contributor dies - Ksh.50, 000 is reimbursed

Contributor’s spouse dies-Ksh.40, 000 is reimbursed

Contributor’s child dies-Ksh.30, 000 (up to 4 children under the age of 24 years)

Contributor's in-law dies-Ksh.20,000

Contributor’s /spouse’s parents’ die-Ksh.15, 000 is reimbursed

Simultaneous death of contributor and spouse- ksh80, 000 is reimbursed.

Nominated next of kin should submit risk claim forms for loss of a member within Six (6) months of occurrence.

In case of an occurrence the member must fill in claim forms within three (3) months of the misfortune & attach the following:

Copy of deceased’s identity card

Original death notification or burial permit.

N.B: In case of an occurrence that affects several contributors we only honor one claim.

www.richworldinvestments.co.uk

03/09/2015

03/09/2015

The millionaire mind

03/09/2015

Vision

“To be the lifetime preferred choice of financial services to our customer”
Mission Statement

"To offer high quality financial services that empowers members, customers and other stakeholders economically, socially and environmentally"


Core Values

To facilitate and support the achievement of the Vision and mission, the following values shall guide operations, behavior and building of the organizational culture. In the conduct of its affairs, the Board Members, Employees and other stakeholders of Millionaires SACCO shall embrace the following values:


Ethical – Do the right thing
Respectful-People matter!
High performing – Deliver outstanding results.
Forward looking- Shape the future
Responsible partner – Create positive relationships

03/09/2015

we have opened our Eldoret offices at saito centre Mezzanine flor suit M2
visit us for more information

03/09/2015

http://www.richworldinvestments.co.uk/ #!about-millionaires-sacco/c10ci

03/09/2015

How to become a member of Rich world sacco

Being part of the Rich world Sacco is a simple affair. One requires to complete a membership application form obtained from our offices (it can also be downloaded from our website: www.richworldinvestments.co.uk), attach a copy of your national ID/Passport with two recent passport photos.
Once completed, submit the application and together with the joining fee of Ksh1,500/= .



Payment can be made through the RICH WORLD INVESTMENTS Bank Account (shared below) or via LIPA NA MPesa TILL No.. 627840.

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22/08/2015

Due to public demand in Kenya, Rich world investments have formed and registered Millionaires sacco with an aim of transforming lives to millionaire and billionaires