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Nov 28, 2024
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The Need for Unique Retirement Solutions 

As retirement planning evolves, so do the expectations of retirees. Today’s retirees seek not only a reliable income but also the flexibility to adapt to life’s unexpected events. The Motswako Hybrid Pension addresses these changing needs by offering an innovative solution that combines the stability of traditional pensions with the freedom of annuities. This unique product allows retirees to enjoy predictable income while maintaining access to lump sums when needed, providing both security and adaptability for the future.

Core Features of the Motswako Hybrid Pension

  1. Consistent Monthly Income:
    The Motswako Hybrid Pension ensures retirees receive regular pension-style payments, giving them the confidence to meet essential living expenses, such as housing, healthcare, and groceries.
  2. Flexible Lump Sum Withdrawals:
    Beyond regular payments, retirees can access lump sums for emergencies or planned expenses, such as medical treatments or family celebrations, providing much-needed flexibility.
  3. Beneficiary Protection:
    The pension offers coverage for dependents or beneficiaries in the event of the policyholder’s passing, ensuring long-term financial security for loved ones.
  4. Tax-Efficiency:
    Potential tax benefits on contributions or withdrawals enhance the value of savings, maximizing the impact of each contribution.
  5. Investment Growth Potential:
    For retirees seeking additional growth, the plan provides options to invest strategically, helping increase savings over time and complementing pension income.

Key Advantages of the Motswako Hybrid Pension

The Best of Both Worlds:
By combining a steady income with lump sum flexibility, the Motswako Hybrid Pension offers retirees a solution that balances security and freedom.

  1. Long-Term Security:
    The predictable pension payments ensure that retirees can maintain their lifestyle without financial stress, no matter how long they live.
  2. Adaptability:
    As circumstances change, such as health emergencies or family obligations, the pension provides the flexibility to adjust, ensuring financial freedom at all times.
  3. Peace of Mind:
    With beneficiary protection and access to funds, retirees can enjoy their golden years, knowing they are prepared for both planned and unplanned events.
  4. Aligned with Bona Life’s Promise:
    The Motswako Hybrid Pension exemplifies Bona Life’s commitment to customer-centric innovation, ensuring that every promise to its clients is fulfilled.

Why the Motswako Hybrid Pension is Ideal for You

The Motswako Hybrid Pension is designed for individuals who seek both financial stability and flexibility in retirement. It’s especially beneficial in scenarios such as managing unexpected medical expenses, supporting family milestones or celebrations, or investing in new ventures during retirement. This product allows retirees to adjust to life’s changes without compromising their long-term financial security. The Motswako Hybrid Pension ensures that your retirement plan works for you—providing reliable income alongside lump sum access whenever you need it. Whether it’s stability or freedom you require, this plan has you covered.

Discover the Motswako Hybrid Pension Today

The Motswako Hybrid Pension combines the best features of pensions and annuities into a single, innovative solution. It offers retirees both predictable income and financial flexibility, ensuring they’re ready for whatever the future holds. Take control of your retirement with a plan that adapts to your needs.

Plan ahead with the Motswako Hybrid Pension. Enjoy the peace of mind that comes with a secure and flexible future.

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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.