Formed in 1975, Botswana Life Insurance Limited (BLIL) has a proud 40-year history as Botswana’s oldest and only home-grown life insurer. As an icon in Botswana, the Company has become synonymous with life insurance in the country.
The significance of Botswana Life in the socio-economic prosperity of Botswana is undisputable. The Company’s investment in Botswana’s economy over the last 40 years is proportionate with its size and success, and is demonstrated through various projects including property developments, the holding of government and corporate bonds which exceed P5billion.The bonds represent loans to businesses in Botswana, which are facilitating the growth of private businesses as well as creation of jobs, infrastructure development and many other economic activities.
Corporate Social Responsibility
Botswana Life is proud of its heritage in Botswana. It will always be a Botswana company, owned by Batswana and managed by Batswana, creating wealth for Batswana. That is why the company also has a strong stance on community development through its Corporate Social Investment (CSI) programme. Some of the major CSI projects that the Company has undertaken, under the banner of BIHL Trust, include a P2,1million investment in the construction of a multi-purpose hall for Gamodubu Child Care Trust; over P600,000 on the construction of a school library for Kuke Primary School; P450, 000 towards post-graduate studies for six (6) beneficiaries of the Thomas Tlou Scholarship in 2013 as well as donation of P1,2million to Maru-a-Pula School’s Orphans and Vulnerable Children programme. These projects are just some of the many implemented under the CSI programme ever since it was put in place. Botswana Life contributes 1% of its profit after tax to BIHL Trust annually, to enable these projects to be undertaken. Since inception of the Trust to 2008, Botswana Life has contributed P11.3million to the Trust to enable its mandate.
At Botswana Life, they provide financial solutions that make a positive difference in the lives of their customers and employees.
To create a world where everyone is financially secure
Caring – responsible, integrity, respect
Committed – passion, customer-focused, accountability
Connected –authentic, principled, relevant
Courageous –strength, openness, excellence