Our range of funeral products has additional benefits that include Accidental, Education and Immediate/Grocery Expense Benefits. Our in-house range of funeral products is underwritten by Liberty Life Botswana.
Exclusive packages are designed to provide an inclusive, relevant funeral cover solution for professionals. Our packages have additional options that will ensure financial peace of mind in the event of death. These packages, and their additional options are designed to provide our clients with choice and variety to meet their needs.
The minimum eligibility requirements at entry level to qualify for any of our in-house funeral products are:
| SINGLE MEMBER | SINGLE MEMBER WITH ACCIDENTAL COVER BENEFIT | SILVER PACKAGE | GOLD PACKAGE | PLATINUM PACKAGE | EXECUTIVE PACKAGE | |
|---|---|---|---|---|---|---|
| COSTS | BWP 45.00 | BWP 55.00 | BWP 130.00 | BWP 160.00 | BWP 180.00 | BWP 240.00 |
| INSURED MEMBER | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | BWP 50 000.00 |
| SPOUSE | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | BWP 50 000.00 | ||
| CHILD AGED 15-21 (UP TO 25 FOR STUDENTS) | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | BWP 30 000.00 | ||
| CHILD AGED FROM 5-14 | BWP 10 000.00 | BWP 10 000.00 | BWP 10 000.00 | BWP 10 000.00 | ||
| CHILD UNDER AGE 5 (INCL. STILLBORN) |
BWP 5 000.00 | BWP 5 000.00 | BWP 5 000.00 | BWP 5 000.00 | ||
| ACCIDENTAL COVER FOR MAIN MEMBER |
BWP 100,000.00 | BWP 100 000.00 | BWP 200 000.00 | BWP 200 000.00 | ||
Over and above the stated benefits, individuals can cover their biological and legally adopted parents and parents in-laws from BWP 5 000.00 to BWP 20
000.00. The cost is BWP 16.00 / BWP 5 000.00
EXAMPLE
| BENEFIT | COST |
|---|---|
| BWP 20 000.00 | BWP 64.00 |
| BWP 15 000.00 | BWP 48.00 |
| BWP 10 000.00 | BWP 32.00 |
| BWP 5 000.00 | BWP 16.00 |
Premium for extended family members quoted per unit at BWP 9.00 / BWP 1 000.00
The following options can only be chosen as an added benefit to the funeral cover.
Education Benefit
The education benefit will be a choice of BWP 20 000.00 or BWP 30 000.00 per child up to a maximum of 6 children. The children covered under this benefit must be the same children covered under the family funeral benefit and may not be any child covered under the extended family benefit.
| BENEFIT PER CHILD | MONTHLY PREMIUM PER CHILD |
|---|---|
| BWP 20 000.00 | BWP 48.00 |
| BWP 30 000.00 | BWP 72.00 |
Immediate Expense Benefit
The benefit will be a choice of BWP 1 000.00 or BWP 2 000.00 per month. This benefit will be paid as a lump sum equivalent to a payment of 12 months of the
monthly benefit amount chosen.
| BENEFIT | MONTHLY PREMIUM |
|---|---|
| BWP 1 000.00 | BWP 36.00 |
| BWP 2 000.00 | BWP 72.00 |
Spouses Accidental Benefit
This option allows the spouse to take out the accidental death option without requiring a new policy. This option can only be taken if the main member has
taken the same option.
| BENEFIT | MONTHLY PREMIUM |
|---|---|
| BWP 100 000.00 | BWP 12.00 |
| BWP 200 000.00 | BWP 24.00 |
We have a wide range of funeral products provided by different underwriters, that a client can choose from. It is important to get in touch with us for any clarity on our products and other fantastic options we have in our offices before one makes a decision. It’s an exclusively informed way, to make a decision.