Insurance service provider BSP Life today launched two products that will provide more choices for customers and reinforces the critical role played by financial institutions in achieving the objectives of the Reserve Bank of Fiji.
BSP Life’s managing director Michael Nacola said the launch of the two further innovative products to the market would build on their already broad product range.
“Bula Secure and Bula Secure Plus are single premium products that were developed following extensive market research, identifying gaps in the market that we can meet, with a view to providing more choice for customers. Less than 15 per cent of our people have life insurance products that have a complementing saving or investment element.”
RBF deputy Governor Esala Masitabua said: “ People now have two more financial tools to help them with their financial planning. I congratulate the team at BSP Life for their hard work and determination to offer customised solutions for our people noting that these new products are in addition to a product that was launched only 16 months ago, Bula Delite.”
