NGUZO payout amount will always depend on the number of registered members at the time of the event.
- If a death of a 21yrs and older NGUZO member occurs and there is 300 adults’ registered members, each member’s commitment fee will contribute $25, making a total payout amount of $ 7,500
- If a death of an under 21yrs NGUZO member occurs and there is 300 adults’ registered members, each member’s commitment fee will contribute $15, making a total payout amount of $ 4,500
Below is an example of the payout calculation in the event of the death of a child of a member
- The family of Mr. Kimasomaso (a member of NGUZO) loose a child in a car accident
- Mr. & Mrs. Kimasomaso are members of NGUZO, and their child was registered under their membership
- The death is verified, and the funeral and or burial arrangements are on the way
- The expected contribution to be given to Mr. & Mrs. Kimasomaso will be calculated, as shown in Table 1 on the NGUZO Articles of Association 3.4.2. Top Up Contribution Amount and Process, based on the number of NGUZO registered members.