Exclusive Funeral Cover

Exclusive Funeral Cover


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:

  • Age: Minimum 20 years - Maximum 65 years
  • Income: Single
  • Minimum: BWP 6 000.00
  • Income: Joint (Married)
  • Minimum: BWP 8 000.00
These sets of minimum requirements are designed to ensure that the benefits we provide are unique and consistent with your quality of life.

OUR BENEFITS INCLUDE:

  • Reasonable and affordable premiums
  • Suffcient cover for loved ones
  • No health test required
  • Up to six children at no additional cost
  • Optional Education Benefit
  • Optional accidental cover for main member and spouse
  • Premium waiver on death of principal member*
  • The policy is transferable*
  • Customized service at the comfort of your home*
  • Optional Immediate Expense Benefit

Our Packages


SILVER PACKAGE GOLD PACKAGE PLATINUM PACKAGE EXECUTIVE PACKAGE
COSTS 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 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 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

Additional Packages

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
- 21 years old last birthday for child dependants
- 25 years old last birthday for child dependants who are students
- None for unmarried adult disabled child dependants who are studying

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.