BSP Life and Tower Insurance announce joint promotion to encourage more people to use insurance products to mitigate their risks

BSP Life and Tower Insurance have announced a joint promotion to encourage more people to use insurance products to mitigate their risks.

This is their first ever joint campaign which will focus on raising awareness of insurance and its benefits as a way to encourage more Fijians to protect themselves and their assets.

The results of the latest Reserve Bank of Fiji’s Financial Services Demand-Side Survey shows that majority of Fijians have low levels of understanding about insurance, the different types of insurance and 50 percent think that insurance is not needed.

BSP Life’s Managing Director, Michael Nacola says the results are alarming as they show how vulnerable our people are when it comes to managing their risks.

BSP Life customers get a 10% discount on their premiums for new Tower Insurance policies purchased until 31st October, 2021.

Tower Insurance customers who purchase BSP Life Insurance products until the promotion period go into the draw to win $250 shopping vouchers fortnightly.