What is MTN Y’ello Life?

Y’ello Life is an affordable, airtime-based life insurance offered by MTN in collaboration with Mansard Insurance plc. The insurance product is a convenient way to access affordable life protection plan with your mobile phone and registered MTN number. Only registered MTN subscribers between ages 18 – 60 years are eligible to the service. There are three offers of the product:

1. Cover for medical expenses arising from accidents - the named beneficiary shall present the following original documents

• Completed claim form
• Pictures of the subscriber showing affected area
• Completed physician certificate by the doctor
• Police report if the disability is as a result of road traffic accident only

2. On the demise of the insured as a result of accident, illness or other causes - the named beneficiary may be required to present some or all of the following documents

• Completed claim form
• Originals of medical certificate of cause of death
• Death registration certificate
• Burial warrant
• Clergy certificate
• Police report (in case of road traffic accident)

3. Cover for permanent disability arising from accidents - the insured shall present the following original documents

• Completed claim form
• Pictures of the subscriber showing affected area
• Completed physician certificate by the doctor (orthodox or unorthodox)who last attended to the subscriber
• Police report if the disability is as a result of road traffic accident only

There are also a few things to remember if making a claim on your MTN Y’ello insurance:

• Nil Surrender Value - This policy does not at any time qualify for surrender value. The insured shall not be entitled to any cash value if the policy is terminated by the insured any time after commencement.
• Suicide and Act contrary To Public Policy - The insurance company shall not be liable to pay the sum assured under the policy if the demise of the insured occurred as a result of suicide or the execution of judicial sentence of death.
• Currency and Law: All amounts payable in terms of this scheme, either to or by Mansard Insurance, are payable in the lawful currency of Nigeria. Any question of law arising under this scheme shall be decided according to the laws of Nigeria.