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Funeral Policies

Ntšelise Funeral Plan

Ntšelise Funeral Plan is a funeral insurance product offered by Lesotho PostBank and underwritten by LNIG Hollard Life, designed to provide affordable and accessible funeral cover for Basotho families. It ensures financial support and dignity during times of loss through simple registration and convenient premium payments.

Why This Funeral Cover?

Understanding all details around this product will help you decide if this is the right product for you.

Specific Target Market

  • All Lesotho PostBank Account Holders

Benefits

  • Provides lump sum payout on death of the insured member or covered family members.
  • Covers immediate family, including spouse and up to six children with age-based benefit levels.
  • Optional cover for parents, in-laws, and extended family members.
  • Double Accidental Benefit pays an additional amount in case of accidental death.
  • Cash Back Benefit returns six months’ premiums every five years if the policy is active.
  • 12 months premium waiver on the death of the main member
  • Waiting period waver on customers that are switching from one active funeral policy to Nts'elise

Minimum Requirements

  • Must have Lesotho PostBank Account.
  • Must open Nts'elise Funeral Cover at PostBank branch.
  • Monthly premiums paid via debit/stop order.
  • Nomination of beneficiaries and covered family members.
  • Compliance with waiting periods (3 months for immediate family, 6 months for extended family).

What you need to have this policy

National ID (Policy Holder and Beneficiaries)

Regularly Update Your Personal Details

Use Your Account Without Restrictions

As part of the country’s fight against money laundering and financing of terrorism, we are required by law to keep updated personal records of our existing clients. Visit the nearest Lesotho PostBank branch with your valid identity document, proof of residence, and proof of income if have not updated your documents in the last 24 months.