The Bank of the South Pacific has officially launched it’s third life insurance product “Bula Smart”.
In launching the new product, the Governor of the Reserve Bank of Fiji Barry Whiteside says our economic growth of recent years is testimony to our ability as a nation to push boundaries of innovation and create new opportunities.
BSP Life’s Managing Director, Malakai Naiyaga says Bula Smart offers customers a hassle free application process for people aged between 18 and 59 where customers pay premiums only 10 with policy terms of 15, 20 and 2 years.
Naiyaga says this now enables many Fijians who have previously been denied life insurance due to medical conditions to get medical reports to now obtain valuable life insurance cover.
He adds since rebranding to BSP Life in 2011, they have introduced three innovative and market leading products such as Bula Prime, Bula Elite and now Bula Smart.
