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Feb 12, 2024
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Insurance is often viewed through the lens of personal benefit, but its impact resonates far beyond individual policyholders. It plays a pivotal role in nurturing and supporting communities.

Insurance and Community Economic Benefits

Every insurance policy contributes to a larger economic system. Premiums paid by policyholders are reinvested in local businesses, infrastructure projects, and in times of need, provide crucial support during community crises.

Insurance as a Social Safety Net

Beyond financial stability for individuals and families, insurance acts as a safety net for entire communities. In events like natural disasters, insurance companies are often among the first to aid in rebuilding efforts.

Real-Life Community Support Examples

From supporting local educational initiatives to funding healthcare facilities, insurance companies can drive positive change. Bona Life, for instance, has actively participated in community development projects, reflecting our commitment to social responsibility. For example, Bona Life joined Botswana Public Employees Union - BOPEU in Palapye for its 2023 Central Executive Committee. We were elated to be present during monumental discussions that build public service delivery in Botswana.

Another community uplift initiative that we were proud to have partnered with the management of Propellers, a local swimming academy, aiding them to teach 30 children the basics of swimming. It was a fantastic occasion and we are humbled by the experience. Thanks to Simon & Propellers for the opportunity.

Bona Life: A Pillar of Community Support

At Bona Life, we believe in the power of insurance to not just protect, but also to empower communities. Our policies are designed to provide peace of mind to our policyholders while contributing to the greater good.

Discover how your insurance choice with Bona Life can make a difference in your community. Contact us today to find a plan that aligns with your values and contributes to societal well-being.

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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.