Khumo 2016 Policy Holders Smiling All The Way To The Bank :: Mmegi Online

Leading insurance company, Botswana Life Insurance Limited (BLIL), says the Khumo 2016 investment policy has performed well, delivering a healthy annual return of 7.9% in 2015, outperforming other investment options. This despite persisting challenging economic conditions, particularly during the 2007-2008 global economic downturn, which affected financial markets worldwide and led to lower than expected returns.

“We are satisfied with the performance of Khumo 2016. Although Botswana

Life was not immune to the market volatility, I am satisfied that we weathered the storm and continued to meet our obligations to our valued customers through paying out claims on time. Investments are by nature unpredictable due to the volatility of market forces which are beyond our control. This is why returns are only ever projected and never guaranteed.” stated Chief Executive Officer Bilkiss Moorad.

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