Commercial Line

Group Funeral Benefits Policy


This policy is meant to cater for funeral expenses of a group member or their family members in the event of their demise. This means that during this difficult time, the costs of a funeral will be covered so that the member family won't have to struggle with the expenses.The benefits are payable within forty eight (48) hours after notification.

An overview

Nyala Insurance Share Company (NISCO) was founded in July 1995 following the liberalization of the insurance business to the private sector in 1994 with the Licensing and Supervision of Insurance Business Proclamation No. 85/1994. Read more...


Apart from its major investments in real estates in the downtowns of Addis Ababa, Bahir Dar and Nazareth, Nyala Insurance selectively invests in various financial institutions like Dashen Bank, which have potentially high investment returns. Read more...


Contact us

Protection House, Mickey Leland Street

Tel: +251-11-6626679/80/76