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Botshelo - Term Life Cover

  • What is Term Life Cover

    Term Life Cover pays cash in the event of death from both natural and accidental causes.

    Term Life Cover is the same as Term Life Insurance. These terms are interchangeable and each insurer will adopt the term they like best.

  • Who should buy Term Life Cover

    If you have debt or dependants you should have Term Life Cover.

    Please note: If you have Term Life Cover you may not necessarily need additional Accidental Death Cover as our Life Cover product covers natural and accidental death.

  • What is the benefit of having Term Life Cover

    You can't predict death but you can determine what you leave behind for your family. It will help your family continue living when you can no longer provide for them.

  • How much Term Life Cover should you have

    The amount of cover required varies by age and individual circumstances. It is important for you to speak to one of our financial advisors.

  • What additional Covers can be added to Term Life Cover

    Work Disability: Provides cash in the event that you become disabled and can no longer work.

    Critical Illness: Provides cash in the event of you suffering a critical illness like cancer, heart attack or stroke.

Product Details Product Highlights

Our insurance products have the following unique features:

  • Online, convenient, moneysaving insurance with complete peace of mind
  • Up to P6 million cover with no medical exams required
    Maximum cover of up to P10 million with full medical examination
  • Option to get 20% Cash Back every 5 years
    Optional work disability and critical illness benefit as a rider
  • Pays you cash up to 12 months before death in the event of terminal illness
  • Cover is for your Selected Term
  • Covers natural and accidental death
  • Entry age of 18 to 63
  • Increase, decrease or cancel your cover any time without penalties
  • You the life insured, or your spouse may make the monthly payments

Client Benefits Our Client Benefits

Our clients have 24-7 access to the following benefits:

  • Quote in under 1 minute, buy in less than 20 minutes – online!
  • Access to myabsalife.co.bw , a secure and convenient online policy management service

    • Change your banking and contact details easily - saving you time
    • View your policy communications and policy documents
    • Make changes to your levels of cover
    • Update your beneficiaries

Product Details Tips

  • Always have a beneficiary nominated. Without a beneficiary nomination the cash will fall within your estate and that means a delay in getting it to the people who need it most, your loved ones.
  • If you are married it is always good to nominate your spouse as a beneficiary. By doing this you will save on estate duty.
  • Have your will regularly updated. It is the only way to ensure that your assets go to the right people after your death.

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