Staying Informed

THE Department of Personnel Management (DPM) staff attended a one-day awareness and information session which was led by BSP Life officers on 27th May, 2025 at the Central Government Building here in Waigani.

The session was aimed to equip DPM staff with valuable knowledge about BSP Life’s range of products and benefits.

BSP Life Business Development Officer Kupana Tamate explained the various products available through BSP Life, highlighting the importance of understanding life insurance and its role in providing security for Papua New Guineans.

Tamate emphasized BSP Life’s commitment to protecting individuals and their families from birth until death, making it a leading life insurance provider in the country.

One of the highlighted products, Wantok Delite, offers a unique savings and protection plan featuring regular cash payouts every three years (10% of the sum insured) and a final balance payout at maturity.

This innovative product aims to make life insurance accessible and affordable for all Papua New Guineans.

Tamate explained that Wantok Delite would help fund significant life events — such as weddings, funerals, and bride prices — ensuring financial security for policyholders.

Executive Manager Strategic Policy and Development Ida Yuki said that Life insurance is a valuable investment that can help financially support your loved ones after your death. 

She thanked the BSP officers for the valuable insight into their products and services and encouraged staff present to join this program, if they had not yet joined.

GESI Manager Mary Albaniel on behalf of staff present expressed appreciation for the informative session, noting that it provided valuable insights that would contribute to their personal and professional growth.

She also encouraged staff to join, save and buy a home.

BSP Life, the youngest wholly owned subsidiary of Bank South Pacific, offers mortgage protection, life, and health insurance services.