Mobile network operator, Telecel Zimbabwe has partnered with local insurance company, Zimnat Lion to offer a mobile insurance product, Telecare.
Under the partnership, Telecel provides the mobile platform for subscribers to access the services while Zimnat Lion underwrites and administer the full service, including settling claims.
Telecare offers subscribers an affordable and convenient package to cover basic funeral, hospital, local and international travel cover through their Telecel lines.
Telecel head of marketing, Clever Isaya said Telecare insurance will bring safe, secure and affordable mobile insurance under three different insurance plans under one service.
“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 Zimbabwean does not have insurance due to high costs of most insurance services in the market.”
Subscribers’ will be able to make premium payments on a monthly basis from their mobile phones. Subscribers can choose between the Value or Premium plans.
“These two packages have two options under them, namely single and family. The Single policy covers an individual who is the policy holder whereas the Family policy covers the policyholder, spouse and up to four children,” Isaya added.
Customers who subscribe to the service automatically qualify for free funeral cover for any of the registered dependents on the plans.
Telecel and Zimnat Lion partnership comes at an opportune time as government, through the Insurance and Pensions Commission (Ipec) is encouraging insurance initiatives to further financial inclusion. The Zimbabwe Mail