BY PHUMZILE NDLOVU
MBABANE – A significant milestone!
In a ground-breaking move, Instacash has introduced a paperless funeral cover underwritten by Liberty Insurance, marking a significant step towards the future for Eswatini.
This initiative has opened doors for the unbanked population, enabling them to access funeral cover of up to E10, 000 at a mere E15 subscription. This innovative offering, known as INSTACASH Funeral Cover Insurance, powered by Liberty Life, promises exclusive benefits for Instacash customers within the age range of 18 to 70 years.
“The introduction of paperless insurance through Instacash represents a paradigm shift in the insurance industry. By leveraging technology and strategic partnerships, Instacash has not only made insurance more accessible but has also streamlined the entire process, making it convenient and hassle-free for its customers,” Instacash Managing Director Mandla ‘Cheeks’ Nxumalo said.
One of the most striking aspects of this offering is the simplicity of the sign-up process. Prospective policyholders can easily enrol by dialling *365# and following a few straightforward steps. By selecting the ‘Insurance’ option, followed by ‘Liberty’ and ‘Opt-in’, individuals can swiftly proceed to accept the terms and conditions and provide necessary beneficiary details. Once these steps are completed, policyholders can confirm the information, enter their INSTACASH pin, and expect to receive their policy number within a few days via SMS. This efficient process allows individuals to commence premium payments promptly, with the added convenience of prepayments being accepted.
The significance of this development cannot be overstated. By embracing a paperless approach, Instacash has not only reduced its environmental footprint but has also eliminated the need for cumbersome paperwork, making the entire experience seamless and eco-friendly. Moreover, the affordability of this funeral cover, with a substantial E10, 000 member-only benefit at a minimal monthly premium of E15, underscores Instacash commitment to providing valuable and accessible insurance solutions to its clientele.
The impact of this initiative extends beyond mere convenience and affordability. By extending funeral cover to previously underserved segments of the population, Instacash is contributing to the financial inclusion of the unbanked society. This move has the potential to provide a safety net for families during times of bereavement, ensuring that they are not burdened by the exorbitant costs associated with funerals. Furthermore, the availability of this service exclusively for Instacash customers further strengthens the bond between the company and its clientele, fostering loyalty and trust.
The introduction of paperless funeral cover by Instacash, underwritten by Liberty Insurance, represents a significant milestone in the insurance landscape of Eswatini. This innovative offering not only simplifies the process of obtaining funeral cover, but also extends its reach to previously underserved segments of the population. By embracing technology and strategic partnerships, Instacash has demonstrated its commitment to providing accessible, affordable, and eco-friendly insurance solutions. As the world continues to evolve, Instacash paperless funeral cover stands as a testament to the power of innovation and inclusivity in shaping the future of insurance.
For further inquiries and information, individuals are encouraged to contact Instacash at 365 or reach out via WhatsApp at 79365000.
