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Feb 21, 2025
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When it comes to choosing an insurance policy, wouldn’t it be great if you could enjoy the protection it offers and still get something back? Cashback insurance policies are designed to do exactly that. They provide peace of mind by protecting your loved ones and reward you for careful planning if you don’t need to make a claim.

Bona Life’s Pula Cashback Policy takes this concept even further, offering Batswana a way to secure their family’s future while turning their premiums into a financial reward. Let’s dive into how cashback insurance works and why it’s a smart choice for individuals and families alike.

What is a Cashback Insurance Policy?

A cashback insurance policy is a unique type of insurance that provides financial coverage in case of unforeseen events, while also rewarding policyholders for not making any claims during the coverage period. If you remain claim-free for a specified time, you’ll receive a portion of your premiums back as a cashback payment.

With Bona Life’s Pula Cashback Policy, you can enjoy peace of mind knowing that your loved ones are protected and that you’ll get rewarded for careful planning and a healthy lifestyle.

Key features of cashback insurance include:

  • Financial protection for emergencies.
  • A percentage of premiums returned for no claims.
  • Added value beyond traditional insurance coverage.

Key Benefits of Cashback Insurance

  1. Financial Returns
    Cashback policies allow you to recoup some of the money you’ve paid in premiums, making them a great option for those who value both protection and savings.
  2. Incentive for No Claims
    Cashback policies encourage responsible behavior and careful planning, as the financial reward is tied to remaining claim-free during the coverage period.
  3. Dual Benefits
    Unlike traditional insurance policies, cashback insurance offers two-fold advantages: comprehensive coverage and the opportunity to receive extra funds.
  4. Flexible Use of Cashback
    The money you receive as cashback can be used for any purpose—whether it’s saving, investing, or covering personal expenses.

How Cashback Policies Work

The process of a cashback policy, like the Pula Cashback Policy, is straightforward:

  1. Choose Your Policy: Select a cashback policy that aligns with your needs and budget.
  2. Pay Your Premiums: Regularly pay your premiums to maintain coverage.
  3. Remain Claim-Free: Avoid filing any claims during the agreed period (typically a few years).
  4. Receive Cashback: If no claims are made, you’ll receive a percentage of your premiums back.

The Pula Cashback Policy is designed to make this process seamless, offering clear terms and a reliable payout system.

Why the Pula Cashback Policy is a Great Choice

Bona Life’s Pula Cashback Policy stands out as a top-tier cashback insurance option in Botswana. Here’s why:

  • Transparent Terms: No hidden conditions or complicated processes.
  • Affordable Premiums: Tailored to meet the needs of individuals and families.
  • Reliable Payouts: Timely cashback payments when you remain claim-free.
  • Trusted Provider: Bona Life is a respected name in Botswana’s insurance industry, known for delivering innovative and reliable solutions.

Is Cashback Insurance Right for You?

If you’re looking for a policy that provides both security and value, cashback insurance is an excellent option. It’s especially beneficial for those who prioritize careful planning and want to maximize the value of their premiums. The Pula Cashback Policy allows you to protect your family while turning your premiums into potential savings.

Conclusion

Cashback insurance policies, like Bona Life’s Pula Cashback Plan, redefine what insurance can do. By combining financial protection with the promise of a cashback reward, these policies provide an innovative solution for individuals who want to get more out of their insurance.

Take control of your financial future with the Pula Cashback Plan and enjoy the peace of mind that comes with knowing you’re protected and rewarded.

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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.