Bula Flexi

There are ways to give you that extra protection you may need from time to time.

Bula Flexi can provide you with just that! It offers a high level of protection for you and your family or business with an affordable premium.

Bula Flexi is a term insurance that is renewable annually and convertible to a suitable permanent savings or protection plan.

Bula Flexi Benefits

  • It has greater flexibility to meet your plans and needs.
  • Guaranteed protection from 18 years of age next birthday to age 70.
  • Convertible to a suitable permanent savings or protection plan.
  • It can be used to add value to your Bula Life or Bula Saver Flexi plans.
  • The minimum initial sum insured is $50,000.
  • Pays out the sum insured on the death of the life insured.

Premium Options

  • Stepped Up Premium: Premiums increase each year in accordance with the age of the life insured to retain the Sum Insured at policy commencement date.
  • Level Premium: Your premium will remain the same each year but the sum insured will reduce annually at each policy anniversary date in accordance with the attained age of the life insured.

Attachable Benefits

Enjoy added benefits to your Bula Flexi plan at a minimal cost with these benefits:

  • Accidental Death Benefit: This benefit provides an additional sum insured to your Bula Flexi plan and it is paid out if the life insured dies by accident.
  • Total and Permanent Disability Benefit: Provides for the advance payment of the Bula Flexi sum insured if the life insured becomes "totally and permanently disabled" and is unable to work ever again as a result.
  • Critical Illness: Provides for the advance payment of the Bula Flexi sum insured should the life insured be diagnosed to be suffering from a defined Critical Illness.

Additional Benefits

  • The Security of Worldwide Cover: Bula Flexi covers you 24 hours a day, anywhere in the world, once underwriting is completed.
  • Free Immediate Interim Accident Cover: an immediate accidental death cover of $50,000 will apply upon receipt of your completed signed application form. Cover ceases on the expiry of 60 days or on the issue of your policy, whichever comes first.
  • War Zone Cover for Fiji disciplined forces on internationally sanctioned peacekeeping missions.  We guarantee the payment of the Bula Flexi sum insured and the Accidental Death Benefit if attached.  We will also recognise Total and Permanent Disability incurred whilst serving on internationally sanctioned peacekeeping missions.
  • Conversion Option: Bula Flexi can be converted to a savings and protection plan that matures at the end of the policy term or pays out on the death. 

How to apply

Click here to download the Life Insurance Application form or call 132 700 to contact your BSP Life Agent. Alternatively, you can also click here to contact or visit your nearest BSP Life Sales Office.

Download Bula Flexi Brochure

: information in this web page is not legally binding. All details however are outlined in the Insurance Policy Document.

*Terms and conditions apply