Despite many people not looking forward to dying, funeral insurers are getting rich pickings from people investing in death and registered a 56 percent growth in net profit for the year ended March 2016.
The funeral insurance sector registered a US$2.54 million profit with its gross written premium growing by 9.8 percent to US$40 million dollars during the same period, commissioner of the Insurance and Pensions Commission Tendai Karonga has said.
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