Skip to main content
Jul 22, 2024
Two kids laughing and arms around their shoulders

Choosing the right insurance plan for your family can be a complex and daunting task. With so many options available, it’s crucial to make an informed decision to ensure your family’s financial security and peace of mind. In this blog, we will explore key factors to consider when choosing an insurance plan and provide an overview of Bona Life’s products and their benefits.

Key Factors to Consider When Choosing an Insurance Plan

  1. Assess Your Family’s Needs:

    - The first step in choosing the right insurance plan is to assess your family’s specific needs. Consider factors such as the size of your family, health conditions, and financial goals to determine the type and amount of coverage required.

  2. Compare Coverage Options:

    - Insurance plans come in various forms, including life, health, and funeral insurance. Compare the benefits and coverage options of different plans to find the one that best suits your family’s needs.

  3. Budget and Affordability:

    - It’s important to choose an insurance plan that fits your budget. Ensure that the premiums are affordable and sustainable in the long term, so you don’t face financial strain while maintaining coverage.

  4. Company Reputation and Reliability:

    - Selecting a reputable insurance provider is crucial. Look for a company with a strong track record of reliability and excellent customer service to ensure that your claims will be handled efficiently and fairly.

Overview of Bona Life’s Products and Their Benefits

  • Thebe Funeral Plan:
    • Bona Life’s Thebe Funeral Plan covers funeral costs, providing peace of mind and financial support during difficult times. This plan ensures that your family is not burdened with the high costs of funerals, allowing them to grieve without financial stress.
  • Pula Cashback Plan:
    • The Pula Cashback Plan offers a unique combination of insurance coverage and cashback benefits. This plan allows you to receive a portion of your premiums back at regular intervals, providing both protection and a way to save and invest for the future.
  • Group Life Assurance:
    • Bona Life’s Group Life Assurance provides comprehensive coverage for employees, ensuring financial protection for their families. This plan is designed to offer financial security in the event of unexpected life events, making it an essential benefit for employees.

Conclusion

Choosing the right insurance plan for your family is essential for ensuring their financial security and peace of mind. Bona Life offers a range of insurance products tailored to meet your family’s needs. Contact us today for personalized insurance advice and start protecting your family’s future.

Contact Bona Life today for personalized insurance advice tailored to your family’s needs. Learn more about our comprehensive insurance plans and secure your family’s future.

F

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.