PROTECTION FAMILLE: Bima and EMTEL roll out a Free Life Insurance product in Mauritius
Bima has now brought its end-to-end mobile insurance services to EMTEL in Mauritius. The new Free Life Insurance product, Protection Famille (Family Protection), was launched in October at a ceremony at the Labourdonnais Waterfront Hotel in Port Louis.
“The EMTEL subscribers have nothing more to worry about.” announced, Shyam Roy, CEO of EMTEL.
Prepaid and Postpaid subscribers of EMTEL will now be able to earn a free life insurance, with their cover level based on their monthly airtime usage with EMTEL. Starting from a minimum usage of Rs150 to gain coverage, subscribers have the possibility to earn up to Rs 60,000 in case of death.
The product is underwritten by Island life Assurance (ILA). In a statement Mr. Vinayakumar Balakrishnan, General Manager, ILA, said “With the partnership with EMTEL & Bima, we are introducing the 1st Micro Insurance product for Mauritius. ILA, always believed in introducing innovative and beneficial products to the common man and this new product is in line with this philosophy. This product will also help in reaching out to persons who have not previously had access to appropriate insurance products.”
Bima is extremely proud to now be offering its free life insurance solution to operators in five markets. In Mauritius, as in it’s four other markets, Bima is taking care of the distribution, technical platform, claims administration and general day-to-day operations, which are dedicated solely to ensuring the quality of EMTEL’s Protection Famille product to its customers.
For more information about the product in Mauritius, see here