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Aug 26, 2024
African family in the gym

The foundation of a prosperous nation lies in the strength of its communities and the trust between its people and institutions. Bona Life, as Botswana’s first indigenous life insurer, has always recognized the importance of being more than just a financial service provider. The company’s deep commitment to the social and economic growth of Botswana has driven its efforts to support communities, empower local enterprises, and contribute to the nation’s development. This blog highlights specific projects and initiatives that underscore Bona Life’s dedication to its roots.

Bona Life’s Role in Botswana’s Economic Growth 

Bona Life has played a significant role in the economic development of Botswana, contributing to job creation and supporting local businesses. By providing a range of financial products and services tailored to the needs of Batswana, Bona Life has empowered individuals and businesses to achieve financial stability and growth. Whether through insurance products that offer peace of mind or investment plans that help secure the future, Bona Life has been instrumental in driving economic progress.

One key area of impact is Bona Life’s support for local enterprises. The company has partnered with small and medium-sized businesses, offering financial solutions that enable them to grow and thrive. This support not only strengthens the businesses themselves but also contributes to the broader economic landscape of Botswana, fostering a vibrant and resilient economy.

Community Support and Social Initiatives

Bona Life’s commitment to community support is evident through its active involvement in various social initiatives across Botswana. The company has been a strong advocate for financial literacy, organizing workshops and seminars that educate citizens on managing their finances effectively. These initiatives have empowered many individuals, particularly in underprivileged areas, to make informed financial decisions and improve their economic well-being.

Bona Life has also taken significant steps to support community health and safety. For example, the company partnered with the Propellers Sports Academy to sponsor a public schools' water safety program, helping children learn to swim—an essential life skill that is not readily available in many communities. In another impactful initiative, Bona Life teamed up with BPOMAS to introduce a state-of-the-art Health Station in Francistown, providing wellness screenings and health advice to the public. Additionally, Bona Life sponsored the “Drug Free Is The New Cool” campaign, contributing to the fight against drug abuse in Shoshong Village by supporting community outreach and education efforts.

These projects reflect Bona Life’s ongoing commitment to the well-being and prosperity of the communities it serves, with plans to continue supporting local initiatives that promote health, education, and safety.

Trust and Local Relevance

Bona Life’s consistent engagement with the community has been instrumental in building trust with the people of Botswana. By understanding the unique cultural and economic needs of the local population, Bona Life has developed products and services that resonate deeply with its clients. This local relevance is a cornerstone of Bona Life’s business strategy, allowing the company to offer financial solutions that truly meet the needs of Batswana.

The legacy of trust that Bona Life has built over the past 18 months is a testament to its commitment to the community. By prioritizing local relevance and staying true to its values, Bona Life has cemented its reputation as a reliable and committed partner in Botswana’s development.

Conclusion

Bona Life’s contributions to Botswana’s growth, from economic support to community initiatives, underscore its dedication to the nation’s prosperity. As a trusted and reliable partner, Bona Life continues to support the community and drive positive change. Discover how Bona Life can help you achieve your financial goals today.

For more information about our products and services, visit Bona Life's website or contact us directly by clicking on the button below.

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How do I make amendments to my policy?

Fill out an amendment form supplied by Bona Life, and attach relevant supporting documents based on the nature of the amendment. For example:

  • Addition of a child to policy – birth certificate
  • Change of name- marriage, divorce decree or affidavit
  • Change of bank- new banking details 
How do I get my statement for my investment or savings policy?

Send a request to client service team via the various touchpoints (walk-ins, email, Whatsapp, Facebook, telephone) to prepare a policy valuation. Policy valuation will be shared via your preferred medium.

How do I cede my policy for a loan?

Send a request to cede policy to Bona Life and on confirmation of policy status, you will complete a cession form. Attach the KYC forms and policy documents will be prepared showing the cession. This is what you will take to the bank to complete the cession.

How do I surrender my investment or savings policy?

Submit KYC documents, Complete surrender form, write surrender letter & attach bank statement for account that the money will be deposited to.