Apart from the services related to the principal objects of KEP, additional services are made available to the members such as a Funeral Fund, a Family Indemnity Plan, membership of Building Depot, payment of motor vehicle tax and much more.
We all know that one day we all have to go. ‘One day’ is an indefinite time and we are ready to postpone this thought. Consequently, in many cases we start planning too late for this day.
Nowadays, the cost of a basic funeral may start from 7.000 guilders. To help cover these expenses, the KEP Cooperative provides its members and their families with this service which includes the following:
At the time of death, KEP provides you with significant financial help as KEP takes the premium of this insurance for its account.
In order to claim the benefit under the Funeral Fund in case of death, the member or the person in charge should submit the following documents:
In case of death of a member whose spouse/partner is also a member, the benefit under the Funeral Fund can only be claimed in the capacity of a member.
Funeral Fund benefits can be claimed up to a maximum of 1 year after the death of the member of the fund.
Complementary to KEP’s Funeral Fund, members are given an opportunity to apply for one of the 4 funeral plans offered by insurance company CUNA Mutual Insurance Society, as indicated below. Six family members can be covered by one policy, paying a relatively low amount per month.
The “Family Indemnity Plan” offers financial relief in difficult times, providing cash benefits to cover funeral expenses for yourself and for your legally selected family members.
Advantages of the plan to cover funeral expenses include:
| Option | Amount | Monthly Charges |
| Plan A | ƒ 5000 | ƒ 26,40 |
| Plan B | ƒ 7.500 | ƒ 39,60 |
| Plan C | ƒ 10.000 | ƒ 52,80 |
| Plan D | ƒ 15.000 | ƒ 79,20 |
Through KEP, members can obtain a membership card of Building Depot at a reduced rate. Also outstanding balances can be paid through KEP.
At the beginning of the year, KEP provides members with an opportunity to pay their motor vehicle tax on flexible terms. The member can pay back in 6 or 10 months, depending whether KEP has paid six months or a whole year for him.
Members will obtain a discount off their yearly premium if applications are made to insurance company ASKA or Guardian through KEP. The yearly premium should be paid back in a maximum period of 10 months.
Purchases of tickets for Curacao North Sea Jazz Festival, Viva La Musica Latina or other popular concerts can also be made through KEP, while you can also pay in installments or in one go. Drop in at our office and make your application and within one week you will have your ticket in your hand.
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