About Company
The Motor Vehicle Accident (MVA) Fund in Botswana is a government-established entity that provides compensation and support to individuals affected by road traffic accidents. Established on January 1, 1987, the Fund was created in response to proposed significant increases in third-party insurance premiums, aiming to ensure affordable coverage for motorists and comprehensive support for accident victims.
🛡️ Purpose and Mandate
The MVA Fund operates under the Motor Vehicle Accident Fund Act No. 15 of 2007, which outlines its primary objectives:
-
Compensation: Providing benefits to individuals injured or to the dependents of those deceased due to road accidents.
-
Third-Party Insurance: Offering insurance coverage to drivers and vehicle owners.
-
Road Safety Promotion: Engaging in initiatives to enhance road safety and prevent accidents.
-
Comprehensive Management: Overseeing all matters related to the above functions.
💼 Benefits Offered
The MVA Fund provides a range of benefits to eligible claimants:
-
Medical Treatment & Rehabilitation: Covers medical expenses, rehabilitation services, and associated costs such as transport and accommodation for treatment.
-
Loss of Income: Compensates individuals who have lost their ability to earn due to injuries sustained in road accidents.
-
Funeral Expenses: Provides up to P7,500 to assist with funeral costs for deceased accident victims.
-
Loss of Support: Offers financial support to dependents of deceased victims, ensuring continued livelihood.
📋 Eligibility and Claims Process
To be eligible for benefits, claimants must:
-
Have been involved in a road traffic accident within Botswana.
-
Submit a claim within the stipulated time frame, typically within one year from the date of the accident.
-
Provide necessary documentation, including medical reports, police statements, and proof of expenses.
The Fund emphasizes timely communication and proper documentation to facilitate efficient processing of claims.
📊 Research and Insights
A study analyzing 432 loss of income claims from 2015 to 2020 revealed:
-
The average age of claimants was 37 years.
-
A significant number of claimants were from low-income backgrounds.
-
Factors such as injury severity and duration away from work influenced the likelihood of returning to employment.
📞 Contact Information
For more details or to initiate a claim, you can reach out to the MVA Fund:
-
Website: mvafund.bw
-
Phone: (+267) 318 8533 / 360 0100
-
Email: mvafund@mvafund.bw
-
Address: 3rd Floor, MVA Fund House, Plot 50367 Fairgrounds Office Park, Gaborone, Botswana