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      We are here to help you with all your insurance needs 

         

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        © 2026 B.I.C.B. Limited trading as Bryte Risk Services Botswana

        We are here to help you with all your insurance needs 

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        3. Insurance overview
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        5. Personal insurance
        6. /
        7. Retrenchment insurance

        Retrenchment insurance

        Essentials Protect is a comprehensive involuntary retrenchment insurance solution designed to safeguard your financial stability during periods of job loss. It provides structured benefits that ensure continuity of essential expenses, including up to three months of income protection, medical aid or health insurance contributions, and funeral and life insurance policy premiums, subject to the maximum limits and benefit payout periods purchased.

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        Our offering

        Cover includes

        Our Retrenchment Insurance Benefit – Essentials Protect packages offer comprehensive protection, including:

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        Income Protection (Personal/Individual)

        If you are retrenched, this cover provides you with a monthly benefit for up to 3 months. The benefit is paid directly to you, helping you manage everyday living expenses during your transition. 

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        Monthly Subscription Protection: Medical aid or health insurance subscriptions and premiums

        This cover ensures your medical aid contributions are covered for up to 12 months. Payments are made directly to your nominated medical aid provider, so your healthcare remains uninterrupted.

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        Premium Protection: Funeral policy premium

        Our funeral policy premium benefit pays your monthly funeral policy premiums for up to 12 months, directly to your funeral insurance company, ensuring continued peace of mind for you and your family. 

        Man and a Women

        Premium Protection: Life insurance premium

        This cover pays up to 12 months of life insurance premiums directly to your insurer, protecting your long‑term financial commitments. 

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        Add-on cover

        Instalment Protection: Hire purchase instalment cover pays up to 12 months of your hire  purchase instalment payments directly to your credit seller if you are involuntarily retrenched. Ensuring protection of your assets. This cover can be added to the Essentials Protect offering at an additional cost.