Tigo adds to mobile insurance
VALUE ADDED SERVICES| Nov. 9, 2011, 6:10 p.m.
By Nana Appiah-Acquaye, Accra, Ghana
Tigo Ghana has introduced a new life insurance product, Xtra-Life, to its family Care Insurance plan.
The new product will enable prepaid subscribers who have signed up for the Tigo Family Care Insurance enjoy double life insurance cover for a small fee.
Tigo Family Insurance cover premiums, which previously ranged from GH.C 200 to 1,000, will now cost GH.C 400-2,000 with Xtra-Life. All subscribers who have registered for Tigo Family Care Insurance can also subscribe to Xtra-Life after receiving an SMS text message inviting them to do so.
New subscribers that sign on to the Tigo Family Care Insurance must also register specifically for the Xtra-Life and after registration commence payment in order to enjoy double life insurance cover every month.
Registered subscribers of Xtra-Life before 10th January 2012 will have the opportunity to enter a special promotion and pay 50Gp or maximum of GH.C 1.00 per month. The Insurance is renewed monthly and depends on the subscriber’s previous month’s airtime usage on the mobile network as cover levels are sent to subscribers via SMS text messages at the beginning of each month.
Tigo introduced the Family Care Insurance product in December last year to provide Tigo subscribers with affordable life insurance cover. Tigo Family Care Insurance is underwritten by Vanguard Life Assurance with MicroEnsure providing an efficient claims administration process.
More than 250,000 subscribers have so far signed up for the Tigo Family Care Insurance product from the network’s Customer Service Centers across the country.
MORE VALUE ADDED SERVICES NEWS
Strathmore, Castalia look to implementation of mobile learningStrathmore University in Nairobi and Castalia Co of Japan has signed a Memorandum of Understanding to launch a feasibility study of “goocus pro” and “goocus 3”, mobile learning platforms developed by Castalia, starting from April of 2015. Read More
Virtual clinic to help monitor medicine intake in TanzaniaThe Vodacom Foundation has donated mobile phones to the Sickle Cell Foundation of Tanzania to support treatment adherence among patients. Read More
Airtel mobile money service now crosses into DRC, Zambia, RwandaBharti Airtel has launched a cross-border money-transfer service for Airtel Money customers between the Democratic Republic of Congo (DRC), Zambia and Rwanda. Read More
Orange, Airtel enable money transfers between Côte d’Ivoire and Burkina FasoCustomers of Orange Money in Côte d’Ivoire can use their mobile phones to send money to customers of Airtel Money in Burkina Faso, and vice versa. Read More
KCB, Safaricom launch comprehensive new mobile banking productKCB Group and Safaricom have launched a new mobile banking product with what they describe as the most comprehensive features yet in the market. Read More
M-PESA: Vodacom Tanzania, Safaricom Kenya connect on transfersOver 7 million M-Pesa customers in Tanzania and over 18 million Safaricom customers in Kenya can now send and receive money from each other. Read More
Safaricom launches M-PESA SurepaySafaricom has announced a new service that will allow organisations to track funds sent to beneficiaries via its mobile money solution M-PESA. Read More
EcoSure hits 1 million usersIn just two months, Econet’s insurance service, EcoSure, has registered over one million new customers. Read More
Airtel, Visa extend mobile payments to seven countries in AfricaVisa and Bharti Airtel have announced a partnership to bring innovative mobile payment services to seven markets in Africa. Read More
Terragon Group to unveil African-focused Mobile Advertising Technology at MWCNigeria-based Terragon Group is set to unveil its dynamic data monetisation and advertising platform, described as a first for mobile in developing markets, at MWC. Read More
FEATURED STORY2bn priced out of internet access
A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.