The Phodiso Insurance cover is perfect for those times when life throws you a curveball when you least expect it. No one likes hospitals, but isn’t it great to know that in the unfortunate chance that you are hospitalized, Phodiso is there for you.
Hospitalization is not limited to Botswana, satisfactory proof of hospitalization has to be submitted for claims outside Botswana to be considered.
The death benefit of P10 000 on the main life assured and spouse.
The plan covers up to 6 children between the ages of 1-21 years. Children in full education at recognized institutions are covered up to the age of 25 years.
Minimum entry age of 18 years to a maximum of 60 years.
Minimum term of 5 years with a maximum term being the number of years remaining to 65 years.
No claims bonus payable every 3 years equal to 10% of expected premiums.
Loyalty bonus (cashback) payable every 5 years equal to 10% of expected premiums. Hospitalization benefits will double if one is in ICU.
A waiting period on hospitalization claim of 3 days and then qualify for benefits from the first day.
A waiting period of 4 months on hospitalization cover required.
The waiting period is subject to full payment of premiums.
Access to SaruMoney (BancABC Digital Banking).
Underwritten by Botswana Life Limited.
Our insurance products are distributed by the BancABC Insurance Agency as licensed by the Non-Bank Financial Institutions Regulatory Authority.