New from MedNet
Offshore life cover, arranged from Harare
A lump-sum payout in hard currency if the worst happens — so your family's life doesn't have to change with it. MedNet arranges term life and disability cover with international providers.
Takes two minutes. No payment details, no commitment.
The question
If your income stopped tomorrow, what would change?
School fees, the bond, the car, the groceries — all at once.
For most families with one principal breadwinner, an income that stops suddenly changes everything at the same moment. Life cover exists to stop that from happening. It pays a lump sum on the death of the life assured, and it is the only financial product designed specifically to replace an income that has ended.
Take the time to identify your family's potential gap: list your goals and needs going forward — including retirement and funds for the unexpected — then deduct your current resources. The difference is the number that matters.
The grudge purchase
Most of us insure the car, the house and our health without a second thought. Life cover is the one we put off — because it's the only policy we hope never to use. That doesn't make it less necessary.
The product
What it is, in four lines
A lump sum
A single, agreed payout on the death of the life assured. Not a monthly benefit — a capital sum your family can use as they need it.
In hard currency
Cover is written and paid in USD or GBP by an international provider, outside Zimbabwe.
For a fixed term
You choose how long the cover runs — typically in five-year tranches, set to the point at which your dependants no longer need your support.
With no lock-in
If your circumstances change and the cover is no longer needed, you stop paying the premium and the cover falls away. No penalty.
The case for it
Why people take it out
To replace lost income
The intention is that your family's life stays broadly as it is. Childcare continues, school and university fees are paid, daily living carries on. The payout buys continuity at the moment continuity is hardest to hold on to.
To clear debt without selling assets
Whether the debt is personal or in the business, the policy provides liquidity to settle it. That prevents the burden falling on your estate, and it can prevent the family home being sold to repay a loan.
To protect a business partnership
If you are in business with partners or in a joint venture, the payout funds the acquisition of your interest by the surviving partners. They keep the business intact; your family receives the value of your share in cash rather than in a holding they cannot sell. We can talk you through how it should be structured.
For peace of mind
Harder to quantify, and the reason most people give afterwards. Knowing the arrangement is in place changes how you think about the rest of it.
Aspirational image — family outdoors, warm light, per the MedNet brand sheet. Pull from the existing library or commission.
What the payout is really for
The intention is that lifestyles stay approximately the same — school and university fees, holidays and daily living needs all carrying on as before.
The exercise worth doing
How much cover do you actually need?
There's a simple way to size it. Add up what your family would need going forward, subtract what they'd already have, and the difference is your gap. Most people are surprised by the number.
What your family would need
What they'd already have
Your estimated cover gap
$360,000
This is an indication, not a quote. It doesn't account for inflation, tax, or how long a lump sum would need to last. A MedNet consultant will work through it properly with you.
Nothing is sent to us unless you ask us to. The sums above stay in your browser.
The mechanics
Term cover, explained
The most common form, and the most cost-effective.
The term is simply how long the cover lasts, generally set to the point at which your beneficiaries are expected to be financially independent. Terms are typically arranged in five-year tranches — 10, 15, 20 years and so on.
Premiums are often lower than people expect, and you can pay annually, quarterly or monthly.
There is no obligation to see the term out. If your circumstances change and you no longer need the cover, you stop paying and the policy lapses.
What determines your premium
There is no useful general figure for the cost of term life cover, because the price moves with too many variables:
- Your age
- Gender
- Whether you smoke
- Length of the term
- Amount of cover
- How often you pay
- Nationality
Once we have these, a quote is generated quickly — and it can be adjusted as often as you like by changing any of the variables. That's why the form below asks for what it does, and why it takes about two minutes.
Recommended add-on
Add disability cover
Well-costed, and cheaper at outset than added later.
Disability cover can be added to a life policy. It pays out if an accident or illness leaves you unable to perform at least four of the recognised “functions of life”. Loss of limbs or eyesight is also covered.
We recommend considering it alongside the life cover rather than as an afterthought — the cost of adding it at outset is materially lower than arranging it separately later.
Who you're dealing with
Why arrange it through MedNet
We already do this work
MedNet has been placing international health and travel cover for Zimbabwean families and companies since [year]. Offshore life cover is the same discipline applied to a different risk.
Agents for the leading providers
We aren't tied to a single insurer. We compare the market and place the cover where it fits you best.
One point of contact, locally
Offices in Harare and Bulawayo, and a named consultant who knows your file. You are not dealing with a call centre in another time zone.
No charge for the quote
We're remunerated by the insurer, not by you. A quote costs nothing and commits you to nothing.
We handle the paperwork
Application, medical underwriting requirements and all correspondence with the provider.
Regulated and accountable
MedNet acts as an intermediary in respect of this cover.
No obligation
Request a quote
Two minutes, seven questions. No payment details, no commitment, and we'll come back to you within one working day.
Thank you — that's with us
A MedNet consultant will come back to you within one working day. Nothing has been committed and no payment details were taken.
Prototype only — replace with the Gravity Form, notifying lifecover@mednet.co.zw.
Before you ask
Questions people actually have
Is this available to people living in Zimbabwe?
In what currency is the payout made, and where?
How do I pay the premiums?
Do I need a medical?
Is the payout taxed?
How is this different from a local funeral policy?
What if I stop paying?
Can I change the amount later?
Can I cover my business partner?
Start with a quote. Decide later.
A quote costs nothing and commits you to nothing. Once we have your details we can generate figures quickly and adjust them as often as you like — different terms, different sums, with or without disability cover — until you can see what the decision actually looks like.
Request a no-obligation quote