BK Capital announced this week a new feature to the Tekana Pension Scheme, which will allow all its new members to receive life insurance coverage upon enrollment.
The development follows a partnership inked between Sonarwa Life-Tekana`s official life insurance provider, and Zamara, a leading pensions administrator administering Tekana Pension Scheme.
BK Capital maintained that this addition offers immediate financial protection, ensuring greater peace of mind for members and their families as they save for retirement.
"Together, the three partners are committed to delivering more secure and comprehensive retirement and insurance solutions across Rwanda and beyond,” a related media notice
Here is what it means
Every new and existing Tekana member is expected to receive life insurance immediately upon joining, adding an essential layer of protection.
With Zamara overseeing scheme administration, members benefit from efficient, transparent, and user-friendly service.
Equally important is BK Capital's innovative vision, Sonarwa Life's assurance expertise, and Zamara's operational track record, which form a powerful alliance to serve both the formal and informal sectors.
The life insurance feature adds even more value to an already attractive retirement plan.
As it stands, Tekana members continue to be eligible for tax-free contributions and returns, a move that maximizes savings with zero tax deduction.
Superior interest that grows and compounds steadily over time.
Members can also access their account anytime, anywhere, while at the same time receiving a steady income to support life after work.
This upgrade reinforces Tekana's role as a vehicle for pension and insurance inclusion, and social protection, designed to empower individuals and families throughout Rwanda.
"Planning for retirement often feels like something you can delay, but it shouldn’t be. With Tekana, we’re making it easier for members to start early, protect their family with life insurance, and take charge of their financial future,” Darius Mukiza, Head of Business Development at BK Capital, said.
BK Capital invites individuals, employers, cooperatives, and community groups to join the Tekana Pension Scheme and take a proactive step toward financial security.