20/10/2025
Rethinking wealth in a changing economy
NAME: HILLARY GODSON
TITLE: CHIEF FINANCIAL OFFICER, JUBILEE LIFE INSURANCE CORPORATION OF TANZANIA LIMITED.
For many years, wealth has been defined by visible, tangible assets such as land, livestock or real estate. These served as symbols of success and source of financial security. However, in today’s economy, true wealth is measured by resilience. This is the ability to absorb shocks, adapt, maintain liquidity and sustain your livelihood through uncertainty.
With inflation eroding purchasing power, job markets shifting and life expectancy rising, individuals must ask a more critical question – how secure is my wealth over time? Traditional assets, while important, are often illiquid, vulnerable to shocks and not always aligned to long-term needs such as healthcare, education or retirement income.
Recent events, including the COVID-19 pandemic, have underscored the importance of liquidity and the need to optimize investments. The ability to access funds quickly while maximizing returns through strategic investments has become essential for navigating unforeseen challenges and securing long-term financial planning.
This evolving view of wealth calls for financial instruments that offer both protection and growth. Insurance, particularly life and pension products, has emerged one of the few solutions that balance these needs.
Beyond offering a safety net in times of crisis, insurance products can be structured to provide stable returns, preserve capital and support long-term goals. They offer liquidity through partial withdrawals or policy loans and align closely with essential life needs like retirement income, education planning, and estate preservation.
Unlike many traditional investments that rely heavily on market timing or asset appreciation, well-structured insurance solutions deliver peace of mind by anchoring your financial strategy with predictability and discipline.
As you navigate new realities around wealth and financial security, look beyond traditional assets. Consider solutions that deliver both security and growth.
Jubilee Life Insurance provides plans designed to safeguard what matters which is to support your life goals, offer liquidity and stability needed to thrive through uncertainty. It's time to make resilience part of your financial strategy. Call now toll free 0800783030 or visit our website www.jubileetanzania.co.tz to get more information.
