As 2025 comes to a close, many Batswana naturally begin reflecting on the year that was—what’s changed, what’s improved, and what still needs attention. While budgeting and goal-setting often top the list, insurance is frequently overlooked. Yet life changes, inflation, and new responsibilities can quickly make existing cover outdated.
A year-end insurance Botswana review is one of the smartest ways to protect your family, business, and future before stepping into a new year. This simple checklist will help you make sure your cover is still working as hard as you are.
Review Your Life and Funeral Insurance Policies
Start by reviewing your core protection policies. Ask yourself: has anything changed this year? A new child, marriage, business growth, or increased financial responsibility can all affect how much cover you need.
Take time to review life insurance and ensure the payout amount still aligns with your family’s needs. Your funeral cover should also be reassessed—plans like the Thebe Funeral Plan are designed to evolve with your circumstances.
This is also the right moment to update insurance policy details such as beneficiaries, especially after major life events.
Reassess Your Retirement Plan Contributions
Year-end is an ideal time to check whether you’re still on track for retirement. Have your income or expenses changed? Are you contributing enough to meet your long-term goals?
If possible, consider increasing contributions before the year closes. Hybrid options like the Motswako Hybrid Pension allow flexibility while still supporting long-term growth—making them well suited for changing lifestyles and financial priorities.
If you’ve experienced a significant shift in income or responsibilities, speaking to an advisor can help realign your retirement strategy as part of your broader insurance planning 2026.
Evaluate Your Group Life Benefits (For Business Owners & HR Teams)
If you’re a business owner or responsible for employee benefits, year-end is the right time to review group life assurance. Are your employees adequately covered? Does your current structure still reflect your workforce size and risk exposure?
Strong group life benefits can improve staff retention, demonstrate care for employee wellbeing, and protect families if the unexpected happens. Bona Life can assist with reviewing your existing benefits or providing updated quotes tailored to your business needs.
Confirm All Your Beneficiary Information
One of the most important—and often forgotten—steps on any insurance checklist Botswana is confirming beneficiary details.
Check that all beneficiaries are correctly listed across every policy. Consider adding contingent beneficiaries as a backup. Small details matter here: full names, relationships, and contact information should be accurate and up to date.
This simple review can prevent delays, confusion, or disputes during a claim—protecting your loved ones when they need support most.
Organize Your Policy Documents
Before the year ends, gather your insurance documents in one secure place. Create a digital folder containing the latest versions of your policies, premium schedules, and contact details.
Make sure your spouse, business partner, or trusted family member knows how to access these documents. Saving Bona Life’s contact details on your phone can also make a real difference during emergencies.
Prepare for a Better 2026
With your review complete, take one final step: plan ahead. Schedule a January check-in with a Bona Life advisor, explore whether bundling policies could improve value, and commit to staying proactive with your finances in the new year.
Peace of mind doesn’t come from reacting—it comes from preparation. A few intentional actions now can set the tone for a more secure and confident 2026.
Takeout
The best way to enter the new year is knowing your family, business, and future are protected. A year-end insurance Botswana review gives you clarity on what’s working, what needs updating, and where small changes can make a big difference.
By following this insurance checklist Botswana and taking time to review your cover now, you reduce the risk of gaps, outdated beneficiaries, or underinsurance in 2026. Let Bona Life help you close 2025 with confidence and step into the new year with protection that truly fits your life.
Ready to review your coverage before 2026? Get in touch with a Bona Life advisor today.
📞 Call: +267 398 1800
📱 WhatsApp: +267 76 744 686
🌐 Visit: www.bonalife.co.bw