Absa Bank Ghana has partnered with Enterprise Funeral Services Ghana Limited, trading as Transitions -The Funeral People, to offer one-stop-shop funeral related services to Absa customers at discounted prices.
Services include transportation of the deceased from the place of death, Mortuary services, Undertaking, Hearse Services, Burial and Graveside services.
Other services include casket services, chapel, and reception facility and live streaming services.
Speaking on the partnership, Mr. Charles Addo, Retail Director at Absa Bank said, “There is a growing trend amongst Ghanaian families for private funerals or burials; a choice they consider crucial to help adhere to current directives to observe the appropriate health and safety protocols.”
This, he said, is the main idea behind “The Absa -Transitions Advantage”.
Mr Addo further noted that as Ghana and the entire world continues to live with the effects and restrictions of the Covid-19 pandemic and its related uncertainties, Absa Bank Ghana and Transitions have been working together to enrich their product solutions to address the evolving needs of customers and continuously offer convenience as well as peace of mind.
Genevieve Cornelius General Manager, Transitions said, “The Absa-Transitions Advantage value proposition offers a 20% discount to all Absa – Funeral Finance Plan Unlimited (FFP Unlimited) policyholders and 15% discount to all other Absa customers on any of the Transitions core services.”
Mrs Cornelius said that the partnership, among others is intended to offer customers of the bank greater value, convenience, and peace of mind during those inevitable difficult and challenging times in life.
Customers of Absa can pay for services from Transitions using very flexible modes of payments such as paying directly into a Transitions account at any Absa branch nationwide or via POS at Transitions.
In another development, Absa Bank in partnership with Enterprise Life, also a subsidiary of Enterprise Group, has enhanced their current Life Protection Policy.
Mr. Francis Akoto-Yirenkyi, General Manager Distribution at Enterprise Life, noted that insights from existing policy holders as well as that of prospective policy holders, contributed the company decision to repackage the product offering to offer greater value to customers.
The benefits on the Unlimited Life Protection Plan include a full waiver of premium benefit, 5% annual cashback, a 2-month premium holiday, a surrender value as well as a life swap benefit which allows a covered policyholder to transfer his or her benefit to either his or her spouse, child, sibling, foster parent or guardian.
There are optional benefits such as hospitalisation, cash bonus and personal accident cover.
In recognition of Absa Bank Ghana’s bancassurance innovative partnerships, the bank was awarded the Bancassurance Leader at the 2020 Ghana Insurance Awards; a platform created to honour top-class performance, professionalism, and innovation across the Ghanaian insurance industry.
Latest Stories
-
GSE market capitalization reaches all-time high of GH¢80.20 billion in April 2024
5 mins -
Limited Voter Registration: EC must walk the talk to ensure smooth exercise – NPP demands
8 mins -
Prioritise sustainable policies beyond IMF programme – Prof Bokpin to BoG
10 mins -
Reality zone with Vicky Wireko: SSNIT to run out of resources? No, pensioner’s only hope and sure banker
13 mins -
Banking consultant applauds Société Générale’s exit from Ghanaian Market
20 mins -
Michael Quashie: The Sweet Forbidden Fruit of Ghana’s Public Procurement
28 mins -
Akufo-Addo commits to aiding local manufacturing firms
30 mins -
Archbishop Charles Agyinasare appointed President of Bible Society of Ghana
32 mins -
Akufo-Addo is the most corrupt president in Ghana’s history – Nii Lante Vanderpuye
34 mins -
Bank of Ghana vows continued oversight of financial institutions
36 mins -
It’s your worst history as President that Ghanaians will vote against in 2024 poll – Nii Lante to Akufo-Addo
55 mins -
BoG denies plans for Cybersecurity Levy on banking transactions
58 mins -
Parliament’s Public Accounts Committee issues ultimatum to AMA auditor over unaccounted cash
1 hour -
Building a credible register not EC’s responsibility alone – Haruna Mohammed
1 hour -
Attorney General requests live coverage of anti-LGBTQ+ Bill proceedings
1 hour