The three options within the newly-launched iB Sure product are credit life, short term and combined insurance, and are available from 1 March 2007. iB Sure is underwritten by Hollard Insurance and Hollard Life, otherwise known as Hollard, and both are licensed financial service providers.
“Every 53 seconds in South Africa a laptop is believed to be stolen, resulting in our economy being crippled due to a loss of productivity. While technological advances have made it possible for individuals to be mobile, conversely the security risks facing the mobile workforce leaves us with something to be concerned about,” says Mtshali.
The credit life option insures the subscriber’s contract against death, disability and retrenchment. The short term insurance option covers subscribers’ modems against theft and damage. As the name suggests, combined insurance offers both credit life and short term insurance for all-round cover.
Structured as cost-effectively as possible, credit life insurance is available for a monthly premium of R27.50. The short term plan is priced at R22.50, while the combined option costs R40.00.
iBurst subscribers can log onto www.iburst.co.za where they will be able to register for the insurance option best suited to their needs and access important information regarding the insurance packages.
