Insurance for all active members in case of demise
Insurance for all active members in case of demise, loans are waived and share deposits are paid to the next of keen *2
A sinking fund is a fund containing money set aside or saved to pay off a debt or bond. A company that issues debt will need to pay that debt off in the future, and the sinking fund helps to soften the hardship of a large outlay of revenue. A sinking fund is established so the company can contribute to the fund in the years leading up to the bonds maturity.