Broadcast specializes in Micro Insurance Markets and services the following products:
From open market to group scheme funeral products, Broadcast will match the correct Insurer with your Brand and package the funeral product based on your Group’s risk profile, thus brining you the RIGHT price and a sustainable business model.
Broadcast has partnered with Mahala Loyalty Programme (Pty) Ltd delivering lifestyle and loyalty benefits and has the rights to distribute unique Value-Added Products that can be packaged with your funeral product or stand alone. All value-added products are underwritten and delivers a benefit should an insured person passes away.
Herewith a list of our unique Value-Added Products:
Below voucher-based product values are for illustration purposes and can be adjusted.
Your Car Benefit:
This service provides the use of a Toyota Corolla / VW Polo or similar from an approved panel of Car Rental providers for a period of 3 (three) uninterrupted days on the death of Member and/or Partner and/or immediate dependents.
Your Airtime Benefit:
This Benefit provides Cellular airtime to the value of R250.00 to the surviving family / nominated Claimant on the death of the main member, spouse or immediate family.
Your Power Benefit:
This benefit provides electricity to the value or R 250 per month for a period of 3 months on the death of the Member and/or Partner only.
Your Grocery Benefit:
This Benefit provides the surviving family with a Checkers / Shoprite voucher to the value of R 750 on the death of the main member, spouse or immediate family.
Your Butchery Benefit:
This benefit provides a meat- account opened at a butchery of the Claimant’s choice to the value of R1 500 on the death of the Member and/or Partner and / or immediate dependents.
Your Flower Benefit:
This Benefit provides the Claimant with a R 1000 NetFlorist voucher redeemable on-line for your choice of flowers for the funeral on the death of the Member and/or Partner and / or immediate dependents.
Your Stay Benefit:
This Benefit provides the “out-of-town” family with 3 star or similar accommodation, on the death of the Member and/or Partner and / or immediate dependants. Your Stay Benefit provides: –
· Accommodation for “out-of- town” family members or yourself at the time of the funeral or a remembrance break away within 6 months of the bereavement.
· This benefit is available for either 1 couple sharing for 2 nights (1 room) stay or 2 couples sharing for 1 night (2 rooms) in a 3-star Hotel / guesthouse.
Your Transport Benefit:
This Benefit provides the surviving family with Transport vouchers to the value of R500, on the death of the Member and/or Partner and / or immediate dependants. The transport voucher can be used either approved panel of Taxi Operators, to ensure that you or your out-of-town family can make it to the funeral.
Your Meals Benefit:
This Benefit provides the surviving family with meal vouchers from Take Away Vendors to the value R1 500, on the death of the Member and/or Partner and / or immediate dependants.
Your Drinks Benefit:
This Benefit provides the surviving family with a drinks voucher to the value of R 1000 at any Blue Bottle / Checkers Liquor store on the death of the Member and/or Partner and / or immediate dependants.
Your Loyalty Benefit:
This is a living benefit that gives you savings through discounts, points in your e-wallet, freebies and coupons at more than 2 000 shops countrywide. All your vouchers and coupons are available on a mobile platform and can be customised on request.
What is the process:
In short, the following steps are considered before implementation:
After all the relevant market research and planning has been done;
· Data analysis and risk determination
· Quote provided, agreed and signed
· Agreements signed
· System Set-up (Back-end)
· Look & Feel > Design of Brochures & Application forms
· Distribution Strategy agreed
Depending on above, products can be launched within 6 weeks.