Bancassurance

Montshegetsi Whole Life Plan is a comprehensive policy that is solidly designed to cover your spouse and up to six (6) children, but is flexible enough to cover your parents if so desired.

Montshegetsi is a Setswana term that means ‘My support’. With this in mind, you can rest assured that your loved ones will have a strong pillar to support them when you are no longer with them.

Montshegetsi has many benefits built into one policy.

Benefit Options

OPTION 1
Policyholder	P20,000.00 plus P1,000.00 monthly benefit for 12 months
Spouse	P20,000.00 plus P1,000.00 monthly benefit for 12 months
Children (16-21yrs)	P8,000.00
Children (below 16yrs)	P4,000.00
Parents	Optional cover of P2,000.00 per parent
OPTION 2
Policyholder	P20,000.00 plus P1,000.00 monthly benefit for 24 months
Spouse	P20,000.00 plus P1,000.00 monthly benefit for 24 months
Children (16-21yrs)	P8,000.00
Children (below 16yrs)	P4,000.00
Parents	Optional cover of P2,000.00 per parent
OPTION 3
Policyholder	P25,000.00 plus P1,250.00 monthly benefit for 12 months
Spouse	P25,000.00 plus P1,250.00 monthly benefit for 12 months
Children (16-21yrs)	P15,000.00
Children (below 16yrs)	P4,000.00
Parents	Optional cover of P4,000.00 per parent
OPTION 4
Policyholder	P25,000.00 plus P1,250.00 monthly benefit for 24 months
Spouse	P25,000.00 plus P1,250.00 monthly benefit for 24 months
Children (16-21yrs)	P15,000.00
Children (below 16yrs)	P4,000.00
Parents	Optional cover of P4,000.00 per parent

Convenient Features:

• No medical examinations required
• Every 4 years, you will get 12.5% cash back of the premiums you have paid in that period
• Can be transferred to a surviving spouse
• You will have a 90 day cooling-off period during which you can review and cancel the policy, get a refund, at no cost

It’s important to note the following:

• The policy covers a maximum of six (6) children
• The maximum age at which you can get this policy is fifty five (55)
• The parents covered should be under the age of eighty five (85) at the beginning of the policy
• There is a six (6) month waiting period
• No benefits are paid upon termination of contract

Exclusions
No death benefit will be paid if the claim results from:

• Suicide in the first 24 months
• Engaging in illegal activities
• War & related activities
• Hazardous pursuits

For more information on exclusions, talk to your agent or review your policy document.

Entry Age	Option 1	Option 2	Option 3	Option 4
18-25	140	220	205	315
26-35	160	255	235	355
36-45	180	280	265	395
46-50	200	310	290	430
51-55	220	340	325	470
Parents	25	25	50	50

Cover for parents is optional

Payment of benefits will be subject to:

• Receipt of premiums that are due and payable
• Verification of birth dates of all those insured in the policy
• Validity of claim
• A maximum amount of P100,000.00 will be payable on any one life under the Montshegetsi Whole Life Plan

Claims

Waiting period: No claims other than accidental deaths will be admitted within the first six (6) months of the contract being accepted and the first premium having been received.

All claims should be submitted to any Botswana Life Insurance Limited (BLIL) office.

Claims will be processed promptly, subject to submission of all relevant documentation, including, but not limited to, death certificate within three months, after which BLIL will not be liable for the claim.

For more information about Montshegetsi, visit the following Barclays branches: Gaborone - Mall, Broadhurst, Gaborone Industrial, Selibe Phikwe, Francistown, Lobatse, Maun, Kasane, Molepolole and Serowe.

Terms & conditions apply.

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