In a bid to expand its services in the country, BSP Life PNG, the subsidiary of BSP Financial Group Limited has inaugurated a new sales office in Mt Hagen. It officially opened its new Sales Office on Thursday 1st September, 2022.
BSP Life PNG delivered 908 Wantok Delite policies in 2021, with an Annual Premium of K2 million, that’s 258 more policies than 2020’s 650 policies at K1.6 million.
“Having a life insurance cover is an important decision an organisation or an individual can make for the welfare and security of its employees and their dependents, something that is not seriously considered by many in Papua New Guinea,” said BSP Life Country Manager Nilson Singh.
BSP Life PNG opened its doors in Lae, extending its Life Insurance products and services to customers in Morobe Province today, Thursday 23rd September, 2021.
In the hope to empower, inspire and boost academic performance for young minds and future generations, BSP Life PNG Limited handed over computers and access to free e-learning material to supplement the knowledge and skillsets for students at St Charles Lwanga Secondary School in Port Moresby on 12th July, 2021.
“Despite Covid-19 hitting hard in 2020 resulting in lockdowns and affecting businesses, BSP Life PNG met targets, issuing 650 policies with an annual premium of K1.6m, a result that would not be achievable without our insurance agents,” said BSP Life PNG Country Manager Nilson Singh.
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