HomeBusinessStanbic Bank Botswana Launches Flexi Protect: A Technologically Advanced Funeral Plan

Stanbic Bank Botswana Launches Flexi Protect: A Technologically Advanced Funeral Plan

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GABORONE: Stanbic Bank Botswana continues to deliver innovative solutions and services in line with the Bank’s move towards a more digitised future. Yesterday, the Bank launched its newest solution-the Flexi Protect Funeral Plan-in partnership with Liberty Life, at a media roundtable held at the Hilton Hotel.

This new funeral plan is designed to transform the lives of customers and their loved ones during difficult times by providing peace of mind, flexibility, and convenience through the Mobility System—a platform used to make this solution accessible. With the Flexi Protect Funeral Plan, one can cover up to 21 family members, with each member having a specific package within the same cover.

“We remain passionate about driving Botswana’s growth by encouraging our clients to take charge of their future and safeguard their loved ones. With the integration of advanced technology, our clients can easily access this new product through our branches or via Telesales. We understand that planning for a funeral can be overwhelming, and Flexi is designed not only to ease that burden but to celebrate life in a way that is personal and meaningful to the bereaved,” said Stanbic Bank Botswana Head of Private and Personal Banking, Mosetsana Kapeko.

Highlighting the product offering, Acting Head of Bancassurance, Omponye Mogopodi, assured that the pricing of the product was designed to fit customers’ budgets without compromising on coverage. Coverage can also be adjusted as circumstances change, reflecting the Bank’s dedication to always ensuring customer-centricity.

Speaking at the event, Liberty Life’s Head of Business Development – Retail, Kabo Kgopo said, “Our partnership with Stanbic Bank Botswana has made the Flexi Protect Funeral Plan stand out because of its highly customisable offerings. At Liberty, we are committed to ensuring that claims payouts are made within a reasonable time, given the sensitivity of the situation, thereby improving the customer experience during difficult times.”

Kapeko concluded by saying, “We are excited to introduce this solution, which represents a significant advancement in our service offerings. We continue to innovate for progress and to drive Botswana’s growth by focusing on customer needs and experiences, rather than simply developing products.”

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