BLANTYRE-(MaraviPost)-One of the county’s largest life assurance companies Old Mutual Malawi has urged people in the country to invest with no doubt in its new product called ‘ Mthunzi Funeral Plan’.
Speaking at an event the company organised in Blantyre on Thursday July 28, 2022 Old Mutual Malawi Marketing and Communication Manager Eric Mataka said the new product aims at providing funeral and mortuary services at the death of an insured life.
Mataka said the product is as good as it is being offered at different premiums that Malawians can afford starting from MK2,800, MK4,500 and MK5,300 monthly based on different packages that a person selects.
He said at the death of insured life, the product provides all end to end funeral facilities that range from chapel, mortuary, lawn device, body embalming, body dressing and transportation to anywhere within the country.
Mataka enlightened that they decided to launch this new product after conducting a research which revealed that most Malawians have an interest in it.
“We decided to lunch this product after response to the research that we conducted. It is something that Malawians have been looking for.
“We want the people to concentrate more on their loved ones while we take care of the funeral arrangements,” Mataka said.
On the market performance of Mthunzi, Mataka said it shows that the market has welcomed the product with positive reactions.
To qualify for Mthunzi Funeral Plan, one has to pay a premium of his or her choice every month and the product is effective after three months which is called a waiting period whereas on accidents services are on immediate basis.
