Founded to Address a Critical Need
Founded in 2012, Diaspora Insurance emerged from the real-life struggles of Africans living overseas who faced immense financial pressure when a loved one died. The company's origin story is rooted in the difficulty of repatriating remains and funding dignified funerals, often requiring families to beg strangers for money. Headquartered in Birmingham, United Kingdom, Diaspora Insurance has grown into a global provider serving thousands across multiple continents.
Comprehensive Funeral Coverage for the Diaspora
The company offers funeral insurance to Africans residing in the United States, United Kingdom, Canada, Australia, China, various European countries, and the Middle East. Its services are available to individuals from over 40 African nations, including Nigeria, Ghana, Kenya, Uganda, Zimbabwe, and South Africa. The appeal lies in the simplicity of its plans: guaranteed acceptance without medical exams and immediate cash payouts upon proof of death. A representative from the Chakafa family in the UK noted, "The funds were deposited in our account while the director was still at home," highlighting the speed of support.
Key Features and Flexibility
Diaspora Insurance policies are customisable to meet individual family needs and are available in major currencies such as British Pound, US Dollar, Euro, and Australian Dollar. The coverage can be tailored for burial, repatriation, cremation, and related costs. The company also offers a Group Funeral Scheme with group rates, guaranteed acceptance, permanent cash cover, and worldwide protection. Coverage amounts range from £/€2,500 to £/€20,000 for UK and Europe, and US$/AUS$2,500 to US$/AUS$30,000 for USA and Australia.
Regulated and Community-Focused
Diaspora Insurance is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, providing a regulated financial safety net. Beyond insurance, the company engages in community support across the UK, Europe, USA, Canada, and Australia, partnering with organisations like Igbo Cultural and Support Network UK (ICSN), Central Associations of Nigerians in the UK (CANUK), United Nigeria Welfare Association (UNIWA), and Yoruba of Nottingham, Nottinghamshire (YONN). These partnerships help diasporans stay connected and preserve their cultural heritage.
