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Doctors Union and First Sun Insurance ink partnership

Paul Chitale - FSAIB Managing Director Charles Muyela - Doctors Union Secretary

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Doctors Union and First Sun Insurance ink partnership

Afirst-of-its-kind working partnership between The Botswana Doctor’s Union and First Sun Alliance, an insurance broker has been formulated. This is after the Botswana Doctors Union (BDU) and the First Sun Alliance Insurance Brokers agreed on a Memorandum of Understanding and in the case of FSI, chose to give financial advice to the men and women at the forefront of our health.

“First Sun Alliance Insurance Brokers is delighted and wish to express heartfelt gratitude to the Executive Committee of the Botswana Doctors` Union (BDU) for this opportunity to provide a proposal for insurance broking services business engagement,” said Paul Chitate, The First Sun Alliance founder and CEO. During a press conference, the two entities agreed to work hand in glove after discovering their common purpose in the lives of people that is to help people improve their wellbeing, financially and medically. In a statement, FSA said “In pursuit of the above agreement, the FSA’s mandate is to Identify and propose relevant insurance covers to be packaged and identified as BDU umbrella schemes, benefits may only be enjoyed where one is a member of the Union. With numbers, discounted premiums, terms and conditions can be achieved,” explained Chitate.

The BDU President Dr. Shingirai Muzondiwa said it was the overall objective of the BDU executive to come up with relevant support incentives and benefits to encourage and show benefit to membership. “A well-structured insurance program, with reasonable group premiums and best service can add value towards this objective.”

The BDU was constituted to represent the interests of Medical Practitioners and related support service staff on various areas including employment conditions and benefits. Insurance benefits forms part of the overall offering. Similarly, First Sun Alliance has

(L-R) Ndipapi Matenge - Matenge Law Firm. Shingirai Muzondiwa - BDU President. Febby SLK Charles- BDU Public Relations. Gofaone Ted Tsimanyana - FSAIB Recruitment & Training Manager

been offered an opportunity to submit proposals on the various insurances packages available to the Union and how they can best be offered at best terms and service.

It was the overall objective of the BDU executive to come up with relevant support incentives and benefits to encourage and show benefit to membership. A well-structured insurance program, with reasonable group premiums and best service can add value towards this objective.

Gofaone Ted Tsimanyana, an FSA technocrat said FSA have so far obtained terms on the following insurance classes: Group Life: with ancillary benefits like dread disease, occupational disability, income protection, temporary and permanent disability, Group Funeral insurance, Group Mortgage insurances, with disability, Group credit life, with disability, Group Personal insurances including: motor insurance, personal accident, householders, house owners and many others.

For practitioners not formally employed with government, FSA will design and propose, for consideration, an umbrella pension scheme to cover members and their employees, special provident fund where members prefer easier withdrawal options, as well as special investment schemes. FSA manages various investment options through unit trusts, stock exchange, offshore insurance companies and local fund managers.

“The FSA will also offer short term insurances and provide dedicated insurance broking services to Union members on all their insurance business in consideration of their strict and busy work schedules. FSA has in place qualified Financial Planners and will avail BDU members’ special personal services on aspects including debt management, rescheduling and counselling, personal financial planning training, needs analysis and estate planning. The services will also cater for retirement planning and alternative scheme options, wills drafting and hosting, all fiduciary services including executorships,” Tsimanyana added.

The Botswana Doctors Union which was established in 2019 January is comprised of Dr. Shingirai Muzondiwa as President, Dr. Charles Muyela as Secretary General, and Dr. Febby Seleka-Charles Public Relations Manager. Anthill News Agency.

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