Under our brand GetSure, we offer a variety of insurance solutions to complement our lending offering. In doing so, we currently act as an agent on behalf of external insurance in selected countries.
Our credit cover is designed to protect a customer in terms of its debt obligations in the event of death, disability, dreaded disease, or retrenchment. Our credit cover is offered to customers in Botswana, Kenya, Malawi, South Africa, Zambia, and Zimbabwe.
Our legal cover is designed to cover a customer and immediate family members in the event of legal service requirements. Our legal cover is available in Botswana, South Africa, and Zimbabwe.
Our funeral cover is designed to cover funeral benefits. Our funeral cover is available in Botswana, Malawi, South Africa, and Zimbabwe.
Our medical cover is an innovative product that covers day-to-day medical expenses as well as hospitalisation and dread diseases.
We service our customers through a fully integrated front-end website (getsuregroup.com) and aim to process all claims made under our insurance covers within one hour. In the year ended 30 June 2015, we derived 77% of our insurance revenue from our credit life cover. In the same period, our funeral and legal cover accounted for 13% and 10% of our insurance revenue, respectively.
As part of our growth strategy, we intend to expand our insurance offering to all countries in which we operate.
In addition, we are currently considering to selectively act as underwriter in the future.