Mompati Universal Life With HIV Test

The Mompati plan is designed on the “Universal Life Principle”. The primary purpose of the universal life policy is to provide the covered person with the means of contributing to a Savings fund, as well as providing life cover in one comprehensive policy.

In addition to the savings element, the member can include varying levels of life cover, which will pay out to a nominated beneficiary, should the life assured die.

People have different needs, depending on their circumstances, and the beauty of the universal policy, is that it provides for flexibility to meet our customers specific needs; be it a need for protection, or a need for wealth creation – or a combination thereof.

Furthermore, the universal life policy serves as a basic “foundation”, (a basic plan), to which additional benefits can be added.

With the basic product, the life assured can choose from a number of options, as regards savings and protection. There are infinite combinations of life cover and investment.

The fact that all applicants that choose this form of cover are tested for HIV antibodies allows Botswana Life to charge premiums that are exactly appropriate to the risk profile of the individual.