Types of Cover
Structured retirement income through annuities
Tax benefits as approved by BURS
Professionally managed funds in compliance with the Retirement Funds Act 2014
Flexibility to choose different investment options
Protect Your Business, Your Bottom Line
Annuity
At Insurance Connect we offer Retirement Annuity Policies that help individuals plan for a comfortable and secure retirement. Our Retirement Annuity Policies are structured to provide a reliable income during your golden years, ensuring that you can enjoy retirement without financial stress. Governed by the Retirement Funds Act 2014 and approved by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) and the Botswana Unified Revenue Service (BURS), our policies are built on a foundation of trust, security, and sound governance.
Our retirement annuity fund is managed by Peeletso, our dedicated retirement fund administrator, ensuring that your investments are managed professionally and in compliance with regulatory standards.
FAQ's
What is a Retirement Annuity Policy?
A Retirement Annuity Policy is a long-term savings plan designed to provide regular income during retirement, ensuring financial security in your later years.
What are the tax benefits of this policy?
Our Retirement Annuity Policies are approved by BURS, allowing for tax-efficient contributions and savings throughout the policy term.
Who manages the Insurance Connect's Retirement Annuity Fund?
The fund is managed by Peeletso, a licensed retirement fund administrator, ensuring professional and compliant fund management.
Can I choose how my money is invested?
Yes, we offer a range of investment options, allowing you to tailor your retirement savings to your financial goals and risk tolerance.
What happens when I retire?
Upon retirement, your savings will be converted into an annuity, providing you with a regular income for life, ensuring a comfortable retirement.
Benefits of the Cover
- Financial security during retirement with regular income payouts
- Tax-efficient savings with BURS approval
- Professionally managed funds ensuring long-term growth
- Compliance with NBFIRA and the Retirement Funds Act for peace of mind
- Flexibility to customize your retirement savings strategy