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Letshego, Botswana Life launch digitalised Mosako

Letshego Headquaters PIC: PHATSIMO KAPENG
Letshego Headquaters PIC: PHATSIMO KAPENG

Homegrown microlender Letshego, in partnership with Botswana Life Insurance Limited, launched a digitalised family funeral insurance product called Mosako Funeral Plan.

The policy covers funeral expenses by cushioning policy holders’ families from typical financial burdens associated with providing loved ones with a dignified funeral at the time of bereavement and personal loss.

The funeral plan caters to both the banked and unbanked, which are individuals who do not earn salaries through the bank. It also caters to contract and part-time workers as well as entrepreneurs and small business owners.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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