BSP Pays $80 Million In Benefits

BSP Life yesterday announced a record of $80million in Benefit payouts for 2022. 

Friday 10 February 2023 | 11:20

BSP Life yesterday announced a record of $80million in Benefit payouts for 2022.

This equates to over $1.5million each week.

Most payments were for Living Benefits from life insurance policies at $56 million.

Death and Disability payments totaled $10 million while Health insurance payments totaled $14 million.

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Source: Bank of the South Pacific

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