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BSP Delite Reaches 100 Sales In Two Weeks

  THE Bank of the South Pacific has recorded 100 sales for their newly launched insurance product scheme Bula Delite. While speaking during the customer cocktail at the Fiji Museum
27 Oct 2018 10:00
BSP Delite Reaches 100 Sales In Two Weeks
BSP Life managing director Malakai Naiyaga on October 25, 2018. Photo: Karalaini Tavi

 

THE Bank of the South Pacific has recorded 100 sales for their newly launched insurance product scheme Bula Delite.

While speaking during the customer cocktail at the Fiji Museum on Thursday, BSP Life General Manager distribution and marketing Michael Nacola said they have exceeded their initial target since its launched two weeks ago and they are hoping for more positive results in the months to come.

“We have a target over a period of time, but looking at initial reaction has been overwhelming for us,” Mr Nacola said.

“From the extensive research that we have done, a lot of people particularly the younger generation want something where they pay the money and get something back quickly.

“The feedback from the public has been positive and this is something new and innovative which meets the affordability.”

As market leaders, BSP Life is not worried about the competition.

Mr Nacola said, “It will be hard to match this product.”

BSP Life managing director Malakai Naiyaga also highlighted the need to have this policy.

“This is about keeping you family, home, spouse, and children being able to continue without being actively involved,” Mr Naiyaga said.

“Our message is simple, it is important to save, it pays to have life insurance and you can trust BSP life to honour our commitments.”

About Bula Delite:

Bula Delite is an attractive life insurance scheme that provides regular cash returns at lower* premium and guaranteed returns every three years, equal to 10 per cent of the sum insured.

These returns are Bonuses.

Designed to meet customers short, medium and long term financial plans his allows more accessibility for families or beneficiaries added protection in the event of the untimely loss of the life insured.

Bula Delite policyholders will participate in the returns of BSP Life’s investment portfolio currently valued at over $670 million.

The policy is suited for job starters, low and middle income earners as well as customers with existing policies who want to add a new policy.

Feedback: karalaini.tavi@fijisun.com.fj

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