Telecel Zimbabwe has partnered with Zimnat Lion, a local insurance firm to launch a mobile insurance product for its subscribers. and will allow them to make premium payments on a monthly basis from their mobile phones.
Dubbed Telecare, the service will offer Funeral, Hospital and local and international Travel Cover through their Telecel lines. The service will provide 3 different insurance plans under one service.
According to Head of Marketing, Clever Isaya, “Life today is full of uncertainties and Telecare insurance offers financial cover against unforeseen events. Telecare has the potential to change people’s lives greatly as a lot of Zimbabweans do not have insurance due to high costs of most insurance services in the market.”
To join, any Telecel subscriber must dial *808# and they will be able to choose either the Value or Premium plans. These two packages have two options under them, namely Single and Family. The Single policy will only cover an individual who is the policyholder whereas the Family policy will cover the policyholder, a spouse and up to 4 children.
Any customer who subscribes to the service will also automatically get free Funeral cover of up to $250 for any of the registered dependents on the plans.
The deal also aims at making insurance affordable to as little as $0.45 a month, users benefit from $250.00 Funeral Cover, $5000.00 for local Travel and $20.00 a day via hospital cash-back for up to 30 days. The full range of plans and the associated tariffs are indicated as follows.
|Plan||Monthly Contribution||Local Travel Cover||International Travel Cover||Daily Hospital Cashback|
|Single Value||$0.45||$5 000||–||$20|
|Single Premium||$0.50||$5 000||$50 000||$20|
|Family Value||$1.30||$5 000||–||$20|
|Family Premium||$1.50||$5 000||$50 000||$20|
“Our affordable tariffs will ensure our customers have access to hassle free insurance all from the convenience of their mobile phone,” added Mr Isaya.
Telecel will provide the mobile platform for its subscribers to access the service while Zimnat will underwrite and administer the full service. All claims will be settled through Zimnat but subscribers are able to submit their claims at any Telecel office for onward transmission to Zimnat.