Stanbic Insurance Services

Stanbic Insurance Services, a subsidiary of Stanbic Bank Botswana, offers asset protection and credit life insurance products that are embedded within the bank’s lending and credit processes, such as insurance linked to loans. As one of the bank’s subsidiaries, its results form part of Stanbic Bank Botswana’s group financials.

Through this integration, the bank provides insurance-related value-adds to clients, particularly in conjunction with credit and lending. By bundling financial protection with loans, the bank enhances risk management for both itself and its clients, while also differentiating its offerings. Borrowers benefit from insurance solutions that complement their financial exposure, and the bank’s risk profile improves by reducing potential losses in the event of a borrower’s death.

The insurance services primarily cover credit life insurance and asset protection. In addition, Stanbic’s broader insurance and bancassurance offering includes vehicle protection plans, home loan protection plans, funeral plans, and BizProtect business insurance for SMEs.

Physical Address:

Plot 50672, Fairgrounds Office Park
Off Machel Drive
Gaborone, Botswana

Postal address:

Private Bag 00168

Gaborone, Botswana

Tel: +267 361 8000/ 398 7801

Email: CCCBW@stanbic.com

Facebook: https://www.facebook.com/StanbicBankBotswana/?locale2=sq_AL

Website: stanbicbank.co.bw