Now Telenor subscribers can avail digital insurance products by paying through their mobile balance.
MicroEnsure offers this unique financial protection plan to Telenor subscribers in Pakistan offering a range of benefits in the event of death of a subscriber due to accidents. First time in Pakistan, benefit doubles if loss occurs while the subscriber was working on or operating agricultural machinery. The plan offers triple benefit payment i.e. lump sum benefit, funeral expense benefit and monthly pension.
How to subscribe in the products?
The products can be availed against daily, monthly or annual subscription payment plans through a hassle free process. Once you have registered yourself in a product, you do not have to worry about the subscription fee payment, as it will be deducted automatically from your mobile balance every day, month or year, depending on your choice of subscription plan.
How can I avail the product?
The process is very simple. You will get a call from our representative who will tell you about the product features and will assist in registration process. Once your registration is activated, you will receive a confirmation SMS and the charging will start on your registered Telenor mobile number.
Payment Plans, Coverages and Benefits
To suit the needs of our valued clients, the product is offered in multiple packages:
|Cover type||How paid?||Maximum Benefit|
|Accidental death – General||Lump sum||50,000||125,000||250,000||500,000|
|Accidental death – Agriculture||Lump sum||100,000||250,000||500,000||1,000,000|
|Funeral expense||Lump sum||5,000||12,500||25,000||50,000|
|Accidental death – General||Monthly||8,000||20,000||20,000||20,000|
|Accidental death – Agriculture||Monthly||16,000||40,000||40,000||40,000|
|Months benefit is payable for||6||6||12||24|
|[Sum of subscription fee collected during one calendar month ÷ Full subscription fee due] × Maximum Benefit|
|Cover type||How paid?||Pro-rated Benefit (PKR)|
|Accidental death – General||Lump sum||293,599.53|
|Accidental death - Agriculture||Lump sum||587,199.06|
|Funeral expense||Lump sum||29,359.95|
|Accidental death – General||Monthly (for 24 months)||11,743.98|
|Accidental death – Agriculture||Monthly (for 24 months)||23,487.96|