2. Overview - MPI
More Power Investments Pty Ltd (MPI), a holding company trading as Botswana Teachers Union (BTU) Business Centre, is a company registered under Botswana Company Act of  in April The registration of the company was triggered by a resolution from the 2006 Botswana Teachers Union (BTU) congress, held at Moeding College at Otse, which strongly recommended separation of management of trade union matters from that of investments. 
According to  BTU 2017 database, the union constitutes a total membership of over 19,000, out of the 25,285 teaching force which brings out a benefit to MPI in market share
The company intends to expand beyond its current operations through its subsidiary companies which include, but not limited to; financial services, group funeral scheme, property investments, education and training, insurance – short term and long term, commercial farming, electronics hospitality and tourism. Moreover, MPI sells promotional items, administer and sells bulk airtime and data, building materials, home appliances and electronics equipment.
Clientele: teachers, lecturers and employees in the Ministry of Education. The retired and associates members form part of BTU membership.  MPI objective is to provide affordable products and services in line with its strategic goal of improving the welfare of its members.
Area to penetrate: media, education, petroleum, mining, beneficiation and extraction, infrastructure development and contraction, transport, financial services and social service benefits

3. BOTUFF Refer to the schedule for rates Point to note:
A child over 21yrs can be enrolled on a second policy to maintain the P25, cover.
Supply of 100 copies of Complimentary Funeral programmes for main member only plus BOTUFF branding placed at BTU regions (camp chairsx10, scarvesx10, green carpetx1,gazebox1, branded cloth for casketx1, tear drops x2)
 There will be options on high covers. - Up to P   T&C apply (waiting period)
NB! No claim not notified to Regent Life Botswana within 3 months from the date of death will be paid.
If all claim documents are not received within 6 months of the date of death, the claim will be null and void. NB! Encourage members on time submission
Claim Requirements: In the event of death, the following will be required in order for Regent Life Botswana to underwrite the claim:
• Death Certificate/ Notice of Death Form • In the event that the above is not available then Letter from Tribal Authority plus and Affidavit. • ID of deceased (compulsory) • ID of claimant/beneficiary/Copy of Application Form/Claim notification Form

4. Chartered Insurance Brokers
Background
Quality Services (Pty) Ltd t/a Chartered Insurance Brokers is a 100% owned subsidiary of More Power Investments (Pty Ltd (MPI) incorporated in 2010 under the Botswana Companies Act. 
Quality Services (Pty) Ltd trades by the name Chartered Insurance Brokers (CIB), as an Insurance Broker licensed by Non-Bank Financial Institution Regulatory Authority (NBFIRA) under Insurance Act (cap 46.1) of the Republic of Botswana effective 01/03/2012. 
Chartered Insurance Broker (CIB) is an entity that provides insurance broking services; represents clients with their insurance transactions
Scope
Structuring and negotiating on behalf of our clients
Manage policies renewal processes as well as seek quotations from the market and advice on the various options available.
Provide speedy resolution of claims
Keep all clients information strictly confidential
Constant communication with our clients and maintenance of the relationship

5. CIB Products & services
offers a wide range of short-term insurance services and long term services in Botswana. CIB has branches in Gaborone and Francistown.
Our products provide insurance services to personal, commercial and corporate clients underwritten by reputable insurance companies e.g. Regent (and Hollard), Bryte, BIC etc
Short term products cover motor vehicles comprehensive insurance, business all risk, home owners e.t.c and long term is currently credit life which is a loan protector

6. CIB continued… A short term insurance policy:
Provides cover against loss, damage, liabilities and more.  
Customers pay a premium (either monthly or annually) to CIB who then pays the insurance company who in return provides the cover to compensate you when you suffer a loss on insured items.
The insurance company determines customers’ premium based on your risk profile (age, gender, where you live, security measures, item insured, value of the item, claims history of the insured etc.)
High risk = high premium and low risk = reduced premium.
Household Contents
House owner’s Insurance
All Risks Insurance
Vehicle insurance
Personal Liability
Personal Accident
The policy wording should be analyzed in conjunction with the policy schedule to determine cover, excesses, extensions, conditions and exclusions.

7. CIB Long term insurance
Long term insurance cover is for protection in the event of a life changing occurrence like death, retirement or disability. A client would pay a monthly premium to CIB who then pays a long-term insurance company over a long period.
Simply put, life insurance pays out cash to a beneficiary you nominate in the event of your death from natural or accidental causes. It may also pay out for a disability or critical illness.
Long term insurance policies consist of the following:
Life
Dread disease
Income protection policies
Endowments
Retirement annuity funds
Living annuities
Compulsory annuities
Currently CIB under long term insurance offers CREDIT LIFE. Commercial bank signed up is FNBB whilst discussions with SCB and Barclays Bank are underway. Credit life insurance is a life insurance policy designed to pay off a borrower's debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value.

8. Standard Chartered Bank
Loans offered personal, auto and mortage
Personal loans: rate 10%; prime plus 3% (until Sept 7th)
*Min age 18 years, max 65 years
*Salaried account/current account with SCB
*Max Loan P500, and min P12,000.00
*Min tenor for 1 year, 6 years
Auto loan: prime(7%) +2, +3, +3.5,+4 depends on Loan To Value and if bundled or no bundle
For brand new and second hand vehicles(5years or less).
Min loan P40,000 and max P850,000. total repayments not to exceed 60% of net salary.
Tenor for all cars is 6 years. Tenor for used cars: 7 years – age of the car
Mortgage loan: from prime +1.5, +2, +3, +3.5, +5 depends on loan value (80%, above 80%, 100%) and if bundled CC & CA or no bundle
Construction mortgages, pure construction and purchase and completion
CIB Credit life in the pipeline

9. FNBB Loans offered personal, auto and mortage
Personal loans: rate 10% ( prime +3)
max loan BWP 500, & min BWP 20,000.00
tenor: 1- 6 years
Mortgage: rate 8.5 % (Prime +1.5%)
Auto loan: rate 9.5% (prime +2.5). For new and second hand vehicle but not grey imports
Age limit – 60 years
Credit life with CIB

10. Barclays Loans offered personal, auto and mortgage
Personal loan: interest rate 10% (prime+3) promotion valid from 7th August – 31st October 2017
Normal interest for PL is 13.5% and 14%; 13.5% being for loans between 10k-250k whereas 14% are for loans above 250k to 500k
Max Loan P 500, and min P 40,000.00
Min tenor for PL is 1 year, max is 6 years
Auto loan: interest rate 9%
Mortgage interest rate 8%

11. Mascom mobile phones only

12. Bemobile
Awaiting new contract
Provides both laptops and mobile phone

13. Pengar scheme PARTICIPATING STORES COMPANY LOCATION
Rite Furn – Household & Office furniture Store
Game City
Mogoditshane
Jwaneng
Officeberry – I.T. Equipment
West Gate
Builders Mart – Building Material
JB Sports – School Uniform & Sporting goods
Airport Junction
Molepolole
Buy Direct (online store) – Various Products
You purchase online and goods are delivered
COMPANY LOCATION
Gaborone West Industrial
REQUIREMENTS
Current Payslip
3 Months Bank Statement reflecting salary
Certified copy of omang
If married, consent of spouse, copy of marriage certificate & spouses copy of ID
MINIMUM TAKE HOME
Permanent & Pensionable Married (PPM) – P1500
Permanent & Pensionable Single (PPS) – P1300
Industrial Class (IC) – P600
CREDIT FACILITY
1 Month – 60 Months
Minimum P2 500
Maximum P
CREDIT LIFE with CIB