"First insurance company in Botswana to have ordinary citizens as majority shareholders"
We appreciate one chance at life
Babereki Life Insurance Company provides affordable customer-centric group and individual risk life insurance products for Batswana. Licensed in September 2025.
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Happy Customers
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Satisfaction Rate
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Active Policies
Why Choose BLIC?
- First Botswana Citizen-Owned Life Insurance Company
- 45% owned by ordinary citizens through Maloko Trust Fund
- Affordable customer-centric insurance products
- Licensed and regulated financial services provider
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Happy Customers
0+
Active Policies
1,250+
Claims Paid
5+
Years Serving
First Botswana Citizen-Owned Life Insurance Company
Our Origin & Purpose
Babereki Life Insurance Company (Pty) Ltd (BLIC) is a private registered life insurance company originally from Botswana, licensed in September 2025.
We pride ourselves in being the first Botswana citizens owned life insurance company to be incorporated within the borders of Botswana for ordinary citizens by Batswana.
45% Citizen Ownership
Ordinary citizens own 45% through Maloko Trust Fund
Wealth creation
Maloko Trust Fund is duly registered with the High Court of Botswana to administer and act on behalf of the shareholders.
Our Vision & Mission
Our Vision
To establish a world-class direct financial services provider that offers excellent customer-centric service, superior affordable value products, and fair treatment at all times.
Our Mission
To provide financial protection and wealth to our clients through innovation and exceptional service.
Our Brand Promise
"We appreciate one chance at life"
Making a Positive Socio-Economic Impact
Contributing to Botswana's economic growth and wellbeing
Direct Citizen Benefit
45% owned by ordinary citizens through Maloko Trust Fund. Individual shareholders benefit directly from dividends declared by BLIC.
Wealth Creation
Maloko Trust Fund is duly registered with the High Court of Botswana to administer and act on behalf of the shareholders.
Industry Transformation
Playing a meaningful role in the transformation of the Financial Services industry in Botswana as a good corporate citizen.
Designed to provide financial protection and peace of mind
Credit Life Insurance
Protect your family from loan burdensApplying for credit protection couldn't be easier! The Credit Life benefit protects the principal member and family in times of financial need by assisting with repaying of their outstanding loan amounts.
Key Benefits:
- Loan repayment in case of death
- Disability and retrenchment cover
- Critical illness protection
- Affordable premiums
Funeral Scheme
Dignified send-off for loved onesAt BLIC, we believe every person deserves a dignified send off. By partnering with us in your planning ahead we will IN-SURE that your surviving loved ones have a comforting partner during your send off.
Key Benefits:
- Family coverage (up to 6 members)
- Cash payout within 48 hours
- Repatriation assistance
- Affordable monthly premiums
Why Choose Our Products?
We focus on providing affordable customer-centric group and individual risk life insurance products. Having appropriate insurance is critical to future financial security and comfort. We believe in offering: customer centric products with real value, convenience and transparency combined with excellent service.
Company News
BLIC Launches New Funeral Scheme with Enhanced Benefits
Babereki Life Insurance Company is proud to announce the launch of our enhanced Funeral Scheme, offe...
BLIC Records 45% Growth in Customer Base
Babereki Life Insurance Company has recorded a remarkable 45% growth in its customer base during the...
Upcoming Events
No upcoming events scheduled.
Need Help?
Our customer support team is here to help you with any questions.
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What Our Customers Say
Hear from Batswana who trust BLIC with their insurance needs
Tshepo Molefe
Gaborone"BLIC helped my family when we needed it most. The claim process was smooth and the payout came quickly. Truly a Botswana company for Batswana."
Amantle Kebonelape
Francistown"As a local business owner, I appreciate supporting a Botswana-owned company. Their credit life insurance gave me peace of mind for my business loan."
Kabo Modise
Maun"The funeral scheme from BLIC helped us give my father a dignified send-off. The customer service was compassionate and efficient during our difficult time."