Botswana Life is excited to announce the launch of our latest 3 new products at a press conference held on 12th July, 2016. Poelo Term Assurance; Isago Investment Plan and the Tapologo Retirement Annuity.
Bilkiss Moorad, Chief Executive Officer of Botswana Life Insurance Limited highlighted that Botswana Life has broken new ground with the Poelo Term Assurance product. “Poelo is the first Life Insurance product of this kind available in the market. Among other features, it offers you a 15 years minimum term period, after which you get all your Life Cover premiums back plus 20% extra. We are in the business of wealth creation, therefore ensuring that our products and services always remain relevant to our socio-economic context, is central to our business strategy.” Said
As the nation’s leading insurance company with over 72% market share and the largest distribution network, we take pride in being a pioneer in the industry. Ensuring a strong, relevant and competitive Customer Value Proposition is always central to Botswana Life’s business strategy. Moorad added that the new products launched demonstrate this fact.
Moorad added that although most Businesses worry more about getting new business and meeting targets especially in these volatile and challenging economic times, the urgency of this shouldn’t overshadow but rather drive the importance of continuous product and service innovation.
In his Closing Remarks, Moletlanyi Tshosa, Head of Individual Life stressed that Botswana Life has changed the game in the Life Insurance industry. “We are interested in helping the client make informed decisions about how they want their funds to be invested. We offer clients the flexibility to invest in either of our three investment funds, as per their risk appetite. Clients are also able to alter between the investment funds as their risk appetite and life circumstances change.”
For more information on the products call the Botswana Life Contact Center on 3623700 or visit your nearest branch.
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