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Business News of Wednesday, 2 April 2025

    

Source: www.ghanawebbers.com

Hollard's MeBanbɔ: A game changer for low-income families

Akua faced unexpected emotional and financial burdens after her father's death. Mr. Ofori was a beloved community member. The family wanted to give him a grand farewell.

However, they had limited savings and no funeral plan. Akua and her siblings quickly encountered significant financial demands. An ongoing economic crisis made their situation even worse.

**Financial Struggles Without Life Insurance**

The costs began with embalming and preservation. They also needed to arrange a venue, food for mourners, transportation, invitations, and a coffin.

Support from relatives faded quickly, leaving Akua with most of the expenses. She had to take out loans to cover the costs.

Instead of mourning their loss, the Ofori family dealt with financial stress. Weeks after the funeral, they struggled to repay loans. Tensions rose among siblings as relationships became strained.

**A New Opportunity**

After the funeral, Akua shared her story with a friend. Her friend told her about Hollard Life's MeBanbɔ Life Insurance Policy.

Akua wondered how different things could have been if she had this policy for her father.

**Hollard Ghana’s MeBanbɔ Life Insurance Policy**

MeBanbɔ is designed for low- to middle-income families like Akua's. It helps families manage unexpected funeral expenses.

For just GH¢2 per month, policyholders can get coverage up to GH¢30,000 based on their plan choice. When someone passes away, MeBanbɔ offers quick payouts after document submission.

This allows families to cover funeral costs without loans or relying on others. Signing up is easy; just dial *269# on MTN or Telecel and follow the prompts.

**Planning for Tomorrow**

MeBanbɔ could have changed Akua's family's experience significantly. Instead of debt burdens, they could have focused on mourning peacefully.

Talking about death is difficult but planning ahead can help loved ones avoid hardship. MeBanbɔ protects families from financial strain during tough times.

Akua's story highlights life's unpredictability and the importance of preparation. With MeBanbɔ, families can ensure support when needed most while honoring their loved ones properly.

MeBanbɔ: insurance made4u

*Disclaimer: Akua and her family are fictitious.*

**About the Author**

Janet Makafui Sarbah is the Personal Assistant to the Group CEO of Hollard Ghana.