Telekom Networks Malawi Launches Life Insurance
News: A free life insurance cover dubbed, Moyo Cover has been launched by Malawi-based mobile operator Telekom Networks Malawi (TNM) for its subscribers. The operator will use this launch to help ordinary Malawians access life insurance. The product is powered by MicroEnsure and underwritten by NICO Life Insurance. It offers simplicity and is accessible to each citizen of the country at no cost, which does not happen in the case of other ordinary life insurance cover, according to Johan Van Schalkwyk, chief operating officer at NICO.