Lesotho PostBank launches new product

Lesotho PostBank has launched a new product called Ntšelise Funeral Plan.

Acting Chief Sales officer, Lineo Masupha, said Ntšelise provides cover from M10 000 up to M70 000, with premiums from as little as M50 per month.

The plan covers the policy owner, spouse, and children up to 21 years or 25 years if still at school, parents, as well as other dependants.

“This cover has many benefits like embedded cashback benefits, embedded double accidental death benefit and grocery benefit. In addition, policy holders paying an extra M12 will get an additional M12 000 payout,” Masupha noted.

The product is underwritten by LNIG Hollard Life.