MyBucks Banking Corporation has partnered with Smile Life Insurance Company to offer insurance products to he bank's customer base. Following the launch of the MyBucks Bancassurance portfolio, MyBucks customers can now access insurance cover in all branches of the bank, across the country.

The new portfolio comes with products which include the Bwenzi Life Insurance Policy, Credit Life Policies and Property Insurance for collateral. With these, the bank provides peace of mind to those saving with and borrowing from the bank by leaving them with the comfort that their families will be taken care of in the event of death, disability or retrenchment.

The introduction of insurance products is the latest development following the rebranding of MyBucks Banking Corporation, formerly known as New Finance Bank Malawi Limited . This development is expected to boost middle income earners and provide stability during difficult times through the provision of accessible credit-related insurance, life and funeral cover. Thus, customers at MyBucks can now acquire assets like homes, vehicles and equipment for personal and business use with utmost peace of mind, as well as save without concern for the future.

MyBucks Banking Corporation Chief Commercial Officer, Bernard Mkandawire mentioned that the introduction of the insurance products is evidence of the bank’s customer focus. He also praised the strong relationships the Bank has established with Smile Life Insurance Company.