BSD Organics BeautY Natural Lip Balm with Pure Beeswax & Virgin Cocunut Oil benefits are : Beeswax is a natural compound. This substance is very moisturizing, can help protect the lips from the harmful rays of the sun, and has a pleasant smell.Beeswax lip balm is very moisturizing, which is another major benefit. Beeswax contains natural balm which help retain moisture in the skin. This is especially helpful for dry lips and chapped lips.Beeswax lip balm also has this sweet smell and taste. just make your lips feel softer, they actually improve the health of your lips by providing nourishment. Beeswax, a common ingredient in organic lip balms.