"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.
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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We'll send you a free, no-obligation quote within 24 hoursFirst 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
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
Protect your loans and familyCredit Life Insurance protects the principal member and family in times of financial need by assisting with repaying outstanding loan amounts in case of death, disability, or retrenchment.
Key Benefits:
- Loan repayment in case of death
- Permanent & temporary disability cover
- Retrenchment and critical illness cover
- Affordable premiums
Group 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
Group Life Assurance
Protect your family's futureComprehensive life assurance cover for groups and organizations. Protect your family's financial future with our group life assurance scheme.
Key Benefits:
- Cover based on 5x annual salary
- Spouse and children cover included
- 24/7 worldwide protection
- Affordable group rates
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
Upcoming Events
No upcoming events scheduled.
Need Help?
Our customer support team is here to help you with any questions.
Ready to Secure Your Family's Future?
Join thousands of Batswana who trust BLIC for their insurance needs. Get a free quote today with no obligation.