Funeral Cash Insurance is flagship product for M-Pesa Insurance under the Financial Services department that seeks to bring funeral or burial cover as a benefit to all M-Pesa
clients. This service is offered underwritten by Sanlam Vida one of the biggest Life Insurance Provider in Mozambique. M-Pesa serves as the distribution and technical partner for this offer and Sanlam will oversee all the risk and the cover payments.
Advantages
• Affordable, convenient and simple insurance cover
• Rapid claims processing-WhatsApp Claims Bot
• Guaranteed funeral cover lumpsum.
• Digital Insurance
Who is it designed for?
• All Tier 2 clients between the ages of 18yrs to 70yrs.
• Those with Mozambican Nationality and following KYC:
• Captured- Full name, ID number, Gender,
Nationality, D.O.B.
How much does it cost?
The funeral cover come under 3 Plans paid for Monthly or for any period one chooses.
How to access?
• Dial *150#
• Select Option “7. M-Pesa Insurance”
• Enter your M-Pesa 4-digit PIN Code
• Accept T&C’s
• Follow the steps to register
How to add a Beneficiary?
Adding a Beneficiary is mandatory, and this is allowed automatically.
How to add beneficiary:
• Dial *150# after activating the policy
• Insert your M-Pesa 4-digit PIN Code
• Enter the beneficiary MSISDN
• Confirm Beneficiary Details
• Choose either to notify or not notify the beneficiary