Mosako funeral plan is primarily for individuals who do not get paid their salaries through the banks, that is , the unbanked. It caters primarily for those in jobs such as domestic workers, bus conductors, herd boys, gardeners, church organizations, industrial workers, individuals in the informal sector, self-employed persons etc.
The policyholder can cover up to a maximum of 27 family members in a single policy. The main member, Spouse and Children that are 16 years and older may be covered for P15,000. The main member has an option to add a life cover for up to P235 000 and this life cover is available for the main member only.
Mosako is available at Botswana Post offices throughout the country. To apply for Mosako funeral plan, Customers go to their nearest post office to complete application forms. Upon application customers are issued with membership cards, which they are expected to present every time they pay their premiums. The premium payments can be done through;
- Botswana Post
- Mascom’s Myzaka
- Any Botswana Life branch
Premiums which are cash based are paid in advance and customers can choose to pay up to 12 months in advance. Should the need to claim arise, all claim documents should be submitted to your nearest Botswana Life Insurance office and a payment will be made within 24 hours.