iBurst has partnered with Hollard Insurance and Hollard Life to bring subscribers the option to safe guard their contract and hardware in the case of unforeseen events.
“Wireless broadband provider iBurst is offering its subscribers peace of mind by launching three insurance options covering their hardware and contracts,” iBurst said.
The three options within the newly-launched iB Sure product are credit life, short term and combined insurance, and are available from 1 March 2007. 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 South Africa 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,” said Thami Mtshali, iBurst CEO.
The credit life option insures the subscriber’s 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.
According to Mr Mtshali, “Good planning in the form of appropriate insurance cover for highly mobile hardware, in particular, will ensure peace of mind for iBurst subscribers.”
Structured as cost-effectively as possible, 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 R40.00.