COLLABORATION: From left are Lindani Mkize, growth manager, Broader Africa, FNB; Sakaria Nghikembua, group CEO, Momentum Metropolitan; Ingah Ekandjo, executive officer, Metropolitan; and Georg Garrels, head of insurance at FNB. PHOTO CONTRIBUTED
COLLABORATION: From left are Lindani Mkize, growth manager, Broader Africa, FNB; Sakaria Nghikembua, group CEO, Momentum Metropolitan; Ingah Ekandjo, executive officer, Metropolitan; and Georg Garrels, head of insurance at FNB. PHOTO CONTRIBUTED

FNB and Momentum Metropolitan join hands for funeral cover

Collaborating for an affordable cause
The funeral cover will provide cover without the need for medical underwriting.
Staff reporter
First National Bank and Momentum Metropolitan Namibia have partnered to offer affordable funeral cover to FNB clients, underwritten by Momentum Metropolitan.

The two financial institutions said the collaboration will provide immense value to FNB clients in Namibia.

The funeral cover will provide cover without the need for medical underwriting, ensuring that FNB clients have access to affordable financial solutions that meet their needs.

The institutions have previously established a strategic partnership through FNB's credit life offering, which is also underwritten by Momentum Metropolitan, making this an additional and not the first collaboration between the two.



Serving Namibians

Momentum Metropolitan's group chief executive officer, Sakaria Nghikembua, said the company will reach more people in Namibia with affordable products because of this. He said this collaboration reflects the company’s commitment to excellence and innovation as they strive to serve Namibians.

Head of insurance at FNB, Georg Garrels, said: "We are delighted to expand our existing partnership with Momentum Metropolitan. Our credit life offering has been successful, and we look forward to collaborating further to provide our clients with an affordable and comprehensive funeral cover product."



Product options

The new family funeral cover is a whole-life comprehensive funeral policy that gives clients the choice between an individual life plan and a family bundle plan. Parents and extended family members can be covered additionally at a premium per life insured. All lives, including the children, will be covered for life.

Furthermore, an accidental death benefit is provided to the main life insured and their spouse at no additional cost. This benefit ensures that the family is financially protected in the event of an unexpected accidental death.



Easy to sign up

Family funeral cover is available to any citizen or legal permanent resident of Namibia who is a FNB client. The cover can be purchased at an affordable premium.

To make accessing the family funeral cover as easy as possible, clients can sign up by sending an SMS with the word 'Funeral' to 34778.

Clients can access affordable and comprehensive funeral cover telephonically, without the need for complex medical underwriting or an in-person visit to the branch. This process allows clients to quickly and easily acquire cover, ensuring financial security and peace of mind during an otherwise stressful time.

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Allgemeine Zeitung 2023-12-03

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Nam 2.2 SAME | Oryx Properties Ltd 12.48 SAME | Paratus Namibia Holdings 12 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.5 SAME | B2Gold Corporation 63.66 UP 0.80% | Local Index closed 675.32 DOWN 0.41% | Overall Index closed 1631.36 UP 2.13% | Osino Resources Corp 17.1 UP 2.52% | Commodities: Gold US$ 2 071.88/OZ UP +1.56% | Copper US$ 3.87/lb UP +1.66% | Zinc US$ 2 537.50/T DOWN -0.3% | Brent Crude Oil US$ 79.29/BBP DOWN -1.58% | Platinum US$ 936.41/OZ UP +0.50% Sport results: Premier League: Newcastle 1 vs 0 Manchester United | Forest 0 vs 1 Everton | Burnley 5 vs 0 Sheffield United | Arsenal 2 vs 1 Wolverhampton Wanderers | Brentford 3 vs 1 Luton Town LaLiga: Osasuna 1 vs 1 Real Sociedad | Real Madrid 2 vs 0 Granada | Athletic Club 4 vs 0 Rayo Vallecano | Girona 2 vs 1 Valencia | Las Palmas 2 vs 0 Getafe SerieA: Lecce 1 vs 1 Bologna | AC Milan 3 vs 1 Frosinone | SS Lazio 1 vs 0 Cagliari | Genoa 1 vs 1 Empoli | Monza 1 vs 2 Juventus European Championships Qualifying: Millwall FC 1 vs 1 Sunderland | Ipswich Town 2 vs 1 Coventry City | Swansea City 1 vs 1 Huddersfield Town | Southampton 2 vs 0 Cardiff City | Plymouth Argyle 2 vs 1 Stoke City | Sheffield Wednesday 3 vs 1 Blackburn Rovers | Hull City 1 vs 2 Watford | Leeds United 3 vs 2 Middlesbrough | Birmingham City 0 vs 0 Rotherham United | West Bromwich Albion 1 vs 2 Leicester City | Preston North End 0 vs 2 Queens Park Rangers English Championship: Millwall FC 1 vs 1 Sunderland | Ipswich Town 2 vs 1 Coventry City | Swansea City 1 vs 1 Huddersfield Town | Southampton 2 vs 0 Cardiff City | Plymouth Argyle 2 vs 1 Stoke City | Sheffield Wednesday 3 vs 1 Blackburn Rovers | Hull City 1 vs 2 Watford | Leeds United 3 vs 2 Middlesbrough | Birmingham City 0 vs 0 Rotherham United | West Bromwich Albion 1 vs 2 Leicester City | Preston North End 0 vs 2 Queens Park Rangers Weather: Katima Mulilo: 24° | 40° Rundu: 22° | 36° Eenhana: 20° | 32° Oshakati: 23° | 31° Ruacana: 20° | 30° Tsumeb: 23° | 33° Otjiwarongo: 20° | 32° Omaruru: 23° | 34° Windhoek: 22° | 30° Gobabis: 23° | 35° Henties Bay: 16° | 17° Wind speed: 20km/h, Wind direction: S, Low tide: 03:50, High tide: 10:37, Low Tide: 17:05, High tide: 23:20 Swakopmund: 16° | 17° Wind speed: 21km/h, Wind direction: SW, Low tide: 03:48, High tide: 10:35, Low Tide: 17:03, High tide: 23:18 Walvis Bay: 16° | 22° Wind speed: 30km/h, Wind direction: SW, Low tide: 03:48, High tide: 10:34, Low Tide: 17:03, High tide: 23:17 Rehoboth: 22° | 28° Mariental: 22° | 31° Keetmanshoop: 20° | 34° Aranos: 25° | 33° Lüderitz: 15° | 30° Ariamsvlei: 20° | 35° Oranjemund: 14° | 22° Luanda: 26° | 27° Gaborone: 21° | 38° Lubumbashi: 15° | 27° Mbabane: 13° | 31° Maseru: 16° | 33° Antananarivo: 16° | 27° Lilongwe: 21° | 33° Maputo: 19° | 32° Windhoek: 22° | 30° Cape Town: 17° | 23° Durban: 22° | 27° Johannesburg: 22° | 34° Dar es Salaam: 25° | 31° Lusaka: 20° | 36° Harare: 18° | 34° Economic Indicators: Currency: GBP to NAD 23.62 | EUR to NAD 20.25 | CNY to NAD 2.61 | USD to NAD 18.62 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.59 | KES to NAD 0.12 | NGN to NAD 0.02 | ZMW to NAD 0.77 | ZWL to NAD 0.04 | BRL to NAD 3.81 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.22 | USD to AOA 827.79 | USD to BWP 13.56 | USD to EGP 30.85 | USD to KES 153.08 | USD to NGN 788 | USD to ZAR 18.63 | USD to ZMW 23.82 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75705.88 Up +0.23% | Namibian Stock Exchange (NSX) Overall Index 1630.14 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 11748.19 Down -0.28% | Egyptian Exchange (EGX) 30 Index 24735.39 Down -0.1% | Botswana Stock Exchange (BSE) DCI 8879.08 Same 0 | NSX: MTC 7.51 SAME | Anirep 8.99 SAME | Capricorn Investment group 17 SAME | FirstRand Namibia Ltd 49 DOWN 2.00% | Letshego Holdings (Namibia) Ltd 3.91 UP 0.30% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.97 SAME | Nictus Holdings - Nam 2.2 SAME | Oryx Properties Ltd 12.48 SAME | Paratus Namibia Holdings 12 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.5 SAME | B2Gold Corporation 63.66 UP 0.80% | Local Index closed 675.32 DOWN 0.41% | Overall Index closed 1631.36 UP 2.13% | Osino Resources Corp 17.1 UP 2.52% | Commodities: Gold US$ 2 071.88/OZ UP +1.56% | Copper US$ 3.87/lb UP +1.66% | Zinc US$ 2 537.50/T DOWN -0.3% | Brent Crude Oil US$ 79.29/BBP DOWN -1.58% | Platinum US$ 936.41/OZ UP +0.50%