Ni Sa Bula, Namaste and Welcome to BSP Life!
BSP Life, formerly Colonial Fiji Life Limited, is a leading provider of life and health insurance products in Fiji and has served the people of Fiji since 1876. It is wholly owned by BSP.
BSP, previously known as Bank of South Pacific Limited, is one of the largest and most successful banking organisations in the South Pacific. With a proud and established reputation in Papua New Guinea, and a long history of highly successful business in the region, BSP has become the most respected bank in the Pacific. In addition to being the largest bank in Papua New Guinea, BSP is represented in Fiji, Samoa, Tonga, Cook Islands, Solomon Islands and Vanuatu
The breakdown of 2016 payments is as follows:
|Life Insurance Payouts (F$)
||Health Insurance Payouts (F$)
|Death & Disability:
BSP Life, Fiji's leading Life and Health insurance provider has announced that it paid F$47.8M in various benefits to customers in 2016. This brings the total benefits paid out in the last three years to $147.3M. For 2016, $39.8M was for Life Insurance benefits and $8M for Medical Insurance benefits.
BSP Life's investments include Fixed Interest Securities, Term Deposits, Properties and ownership of Rooster Poultry, Suva Private Hospital and over 60% stake in the Sofitel Resort on Denarau.
BSP Life has over 50,000 policyholders, 150 licensed Insurance Advisors and ten Customer Service Centres Fiji-wide.