GLICO Funeral Policy

This is a whole life policy that covers the Principal Life with an option to cover spouse, children, parents and parents-in-law as well as two extended family members. GLICO Ideal Funeral Plan does not lapse.

GLICO Funeral Policy

The GLICO Funeral Policy is a whole life assurance plan which pays the sum assured upon the death of the life insured. The plan is designed to provide funds to meet funeral expenses and incidental costs after the death of a loved one.


The policy provides the following benefits:

  • Natural and accidental death
  • Total Permanent Disability
  • One week and one-year memorial 
  • Loyalty or Cashback 
  • Premium Holiday
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