iBurst offers subscribers insurance

Date: 02 March 2007
(ICT World)
Wireless broadband provider, iBurst, is offering its subscribers peace of mind by launching three insurance options covering their hardware and contracts.

The three options within the newly-launched iB Sure product are credit life, short term and combined insurance, and are available from March 1. iB Sure is underwritten by Hollard Insurance and Hollard Life, otherwise known as Hollard, and both are licensed Financial Service Providers.
 
Every 53 seconds in SA a laptop is believed to be stolen, resulting in our economy being crippled due to a loss of productivity. While technological advances have made it possible for individuals to be mobile, conversely the security risks facing the mobile workforce leaves us with something to be concerned about, says Thami Mtshali, iBurst CEO.
 
The credit life option insures the subscribers contract against death, disability and retrenchment. The short term insurance option covers subscribers modems against theft and damage. As the name suggests, combined insurance offers both credit life and short term insurance for all-round cover.
 
Credit life insurance is available for a monthly premium of R27,50. The short term plan is priced at a low R22,50 while the combined option costs R40.