Nedbank Insurance Namibia launches MyCover Funeral policy

Nedbank Insurance Namibia has officially adopted a new trading name and launched its flagship funeral insurance product, MyCover Funeral. The new product is designed to accommodate the structure of Namibian families by allowing a single policy to cover up to 29 individuals, including extended relatives such as cousins, aunts, and uncles, as well as domestic workers.

The launch follows a business transformation programme initiated in 2024, which included the development of a new policy administration platform. This infrastructure is intended to improve operational efficiency, enhance digital capabilities, and provide greater flexibility for future product development and client communication.