Old Mutual Life Assurance Company has launched Timba Plus -a funeral plan covering parents.<\/p>\n
Speaking during Three Anchors programme on Times Television and Times Radio, Old Mutual Group Chief Executive Officer, Edith Jiya, said Timba Plus is a response to customers\u2019 feedback on Timba Family Plan, a product that was launched last year.<\/p>\n
\u201cThe Timba Family Plan is a product that one buys to cover oneself, spouse and children in that particular family. When we launched it, there was a lot of interest on the market and we also received a lot of feedback that necessitated that we extend the cover not only to the immediate family but also to their parents and their parents\u2019 in-law, biological or nominated\u201d Jiya said.<\/p>\n
She said Old Mutual understands the expectations of different cultures when unexpected life events happen; hence, the swift response to the customer needs.<\/p>\n
\u201cOur culture expects us to take care of the final journey of our loved ones and people do not mind your financial stand when things happen; they only expect you to take care of everything and it becomes more difficult to take care of things when they are family,\u201d<\/p>\n
\u201cIt is good to note that Malawians are now getting prepared so that they do not have a shock in their financial wellbeing when such unpredictable events happen,\u201d she added.<\/p>\n
The launch was characterised by a walk from Old Mutual headquarters in Blantyre to College of Medicine (CoM) Sports Complex where hundreds of people took part in a three-hour aerobics session.<\/p>\n
Jiya said the product was launched under a fitness theme, bearing in mind that fitness contributes to productivity and, in turn, financial stability.<\/p>\n
One of the clients who attended the launch, Doreen Masamba, described the product as timely, saying it resonates well with this generation\u2019s needs.<\/p>\n
\u201cThe generation that we are in is a generation of exercise. If you are fit, you save your money and this initiative by Old Mutual is quite refreshing,\u201d Masamba said.<\/p>\n
Another client, Victor Jere, hailed Old Mutual for the fitness theme under which it launched Timba Plus.<\/p>\n
\u201cHealth is a part of your wealth. If you invest in your health, you are guaranteed that all your other endeavours in life, like your job or business, will also work,\u201d Jere said.<\/p>\n
Timba plus is the first funeral scheme on the market covering the extended family at different levels depending on one\u2019s ability to pay.<\/p>\n","protected":false},"excerpt":{"rendered":"
Old Mutual Life Assurance Company has launched Timba Plus -a funeral plan covering parents. Speaking during Three Anchors programme on Times Television and Times Radio, Old Mutual Group Chief Executive Officer, Edith Jiya, said Timba Plus is a response to customers\u2019 feedback on Timba Family Plan, a product that was launched last year. \u201cThe Timba […]<\/p>\n","protected":false},"author":3,"featured_media":62964,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-65378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/65378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=65378"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/65378\/revisions"}],"predecessor-version":[{"id":65384,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/65378\/revisions\/65384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/62964"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=65378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=65378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=65378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}