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  Botswana Life Insurance Limited
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When And How To Amend?

You can make an amendment when there has been a change in your life, changes such as those indicated under Life Events section. An amendement can only be made in writing by the policy owner.

Our Amendments Procedure Guide

Correcting details on the Insured, Payor, Owner and covered person • You can change your name, surname, date of birth, gender, Identity no, address, beneficiary, relationship, title, occupation Amendment form
Add a person to be covered as a beneficiary or covered under Funeral Benefits, Family Commuter and Hospital cash. • Provide correct names, surname, relationship, date of birth, identity for covered person. Amendment form
Change in Basic Cover • Increase or Decrease on Basic cover, Accidental death, Capital disability and Dread disease cover.
• Cover amounts for Accidental death and Capital Disability should not exceed Basic cover.
• Conversion of Life covers to Pure Endowment.
Amendment form
• Declaration of health status form
• Pay slip / bank statement
Change in cover (units/level) made on the Extended Family Funeral Benefit and Losika Benefit • The number of units should be consistent on all dependents covered under the benefits. Amendment form
• Pay slip / bank statement
Change in mode of payment • Chenge from Employer to Bank Mode
• Change from Bank to Employer Mode
• Change from Employer to another Employer pay mode
• Change from Bank to another Bank pay mode
Amendment form
• Bank stop order form
• Direct Debit order form
• Government stop order
• Employee stop order (original form).
• (Omang) for changing from any pay mode to Government stop order.
Change in Premium Increase / Decrease
• Including additional benefits
• Increase / decrease of cover
• Increase / decrease on investment
• Addition decrease of covered person in Extended Family Funeral Benefit
• Increasing / decrease of units/levels in Extended Family Funeral benefit, Losika and Matshediso Benefits
Amendment form
• Pay slip / bank statement
• Employee stop (original form).
Change of updates • Updates are accepted for payments through Government stop order and Direct Debit only. Amendment form
Deletion of covered person Covered persons can be deleted when:
• they reach the maximum age for the benefit
• when there is a divorce
• When the policy owner decides to terminate.
N.B Once a benefit has been deleted it cannot be added for the second time.
Amendment form
Reinstatement • Applies to policies which are inactive as a result of non-payment of premiums.
• Inactive status should be within the 11 month period
• Arrears have to be fully paid.
Amendment form
• Declaration of health status form ( applies to Life cover policy )
• Or Pure endowment with a Waiver
 
     
 

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