Company Profile

about the company
Making Life Insurance Affordable
Smile Life provides Group Life Assurance Schemes, Group Funeral Insurance Schemes, Group Credit Life Assurance Scheme, Family Funeral Plans (Thandizo Policy). Smile Life has now been in operation for over 16 years and has a management team with over 30 years practical experience in the life insurance business
We’re protecting your
future with the best insurance
Who We Are
Our Objectives
Our Missions
Our Visions
Our Values
We are a 100% Malawian-owned life insurance company with a strong commitment to serving the unique needs of Malawians. Our deep understanding of the local market, combined with internationally accredited expertise, enables us to deliver life insurance solutions that are both relevant and affordable.
Our leadership team brings decades of experience in insurance and is supported by a distinguished Board and Shareholders with backgrounds in finance, investment, public service, law, and economic policy. Together, we uphold high standards of professionalism, governance, and service delivery.
Our business philosophy is rooted in trust, cultural relevance, and innovation. We design products that align with the traditions and values of our people, while modernising practices to improve accessibility and efficiency. With strong global reinsurance partners, we ensure financial strength and technical support that allow us to fulfil our promises—especially when it matters most, at the time of a claim.
Our leadership team brings decades of experience in insurance and is supported by a distinguished Board and Shareholders with backgrounds in finance, investment, public service, law, and economic policy. Together, we uphold high standards of professionalism, governance, and service delivery.
Our business philosophy is rooted in trust, cultural relevance, and innovation. We design products that align with the traditions and values of our people, while modernising practices to improve accessibility and efficiency. With strong global reinsurance partners, we ensure financial strength and technical support that allow us to fulfil our promises—especially when it matters most, at the time of a claim.
1.Offer affordable life insurance to most Malawians through competitive premium rates, increasing access and market penetration.
2.Provide unique life insurance products that reflect Malawi’s traditional and cultural values for greater local relevance.
3.Support employers in meeting Section 15 of the Pensions Act 2010 by providing mandatory life insurance coverage of at least one year’s salary as a death-in-service benefit.
2.Provide unique life insurance products that reflect Malawi’s traditional and cultural values for greater local relevance.
3.Support employers in meeting Section 15 of the Pensions Act 2010 by providing mandatory life insurance coverage of at least one year’s salary as a death-in-service benefit.
To enhance the quality of people’s lives through financial security by providing innovative Life Insurance products and services with competitive returns.
The vision of the company is To be the preferred life insurance company offering a wide range of affordable and innovative products and services
- Accountability
- Honesty (Probity)
- Transparency
- Trust
- Humility
- Quality
- Frugality