Liberty Life Accords Retirement Income

Liberty Life managing director, Lulu Rasebotsa
Liberty Life managing director, Lulu Rasebotsa

Liberty Life has introduced a ‘Living Annuity’ product, which allows for individuals to reinvest their retirement savings to grow, and accords one to get income when they retire.

This product is available for people who are above 50 years of age, have a minimum of P300,000 to invest, which can be a combination of the amounts one has in several different retirement funds and which are combined when one retires. When one is a Botswana citizen, the income payments would be paid into any bank account that operates within the borders of the country.

Speaking during the launch recently, Liberty Life managing director Lulu Rasebotsa said the new product allows customers to balance priorities adding that it is designed in such a way that it complements the retirement plan.

Editor's Comment
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