General Insurance

1. HEALTH INSURANCE

Provide wide range of local, regional and international health insurance products meticulously designed to cater for the needs of each market segment. Services Include, a fleet of ambulance which drive road rescue services and inter- facility transfers backed up by high frequency radios to 24 hours emergency call centres. A worldwide rescue and evacuation provided through international assistance companies

2. FIRE AND PERILS INSURANCE

The risk may involve the following:- (i) Commercial buildings (ii) Industries (iii) Private dwelling premises (iv) Goods in trade (v) Domestic or business property

3. MOTOR INSURANCE

(i) Third part only (TPO) covers This is cover liability to third parties and passengers, liability that may arise out of the use of the vehicle. (ii) Third party Fire & Theft (TPFT) cover This provides indemnity against loss or damage to motor vehicle as a result of fire or theft and liability to third parties and passengers, liability that may arise out of the use of the vehicle. (iii) Comprehensive cover This provides indemnity against loss or damage to motor vehicle, liability to third parties and passenger liability that may arise out of use of vehicle. The insurance is provided for private motor vehicles, commercial motors vehicles and other special types including tractors, trailers, combine harvesters and forklifts.

4. WORKMEN’S COMPENSATION / EMPLOYERS LIABILITY

This cover protects employers, should their employees incur injuries or die in course of their work. It has become common for employees to bring claims against the employer based on negligence in respect of accidents happening in the course of employment. It is therefore necessary that employer’s liability insurance be arranged in addition to the workman’s compensation (act) policy.

5. PUBLIC LIABILITY INSURANCE

A public liability policy protects the insured in respect of his legal liability to third parties for both bodily injuries (death, illness or disease) and any loss of or damage to property which happens in connection with the business insured under policy. The maximum amount the insurance are prepared to pay is specified in the policy as limit per occurrence or accident or event.

6. ENGINEERING INSURANCE

(i) Contractor’s all risks (CAR) Insurance. This insurance provides comprehensive and adequate protection against loss or damage in respect to the contract works, construction plant and equipment and /or construction machinery as well as against third party claims in respect to property damage or bodily injury arising in connection with the execution of the contract. (ii) Erection all Risks (EAR) This insurance offers comprehensive and adequate protection against all the risks involved in the erection of machinery plant and steel structure of any kind as well as third party claims arising from the execution of the project. (iii) Electronic Equipment insurance (EEI) Electronic equipment insurance is’ accident’’ insurance on all risk basic covering sudden and unforeseen losses which physically affect the equipment insured. (iv) Machinery Breakdown The cover was developed to grant in dusty effective insurance cover for plant, machinery and mechanical equipment at work, at nest or during maintenance operations.

7. MARINE INSURANCE

There are two district cover namely Marine hall and Marine Cargo (i) Marine Hull This policy provides cover that is limited to pleasure crafts operating within Tanzania’s territorial water. Cover is against loss or damage to the hull, engines and accessories caused by perils of the sea, rivers, lakes or other navigable water. It also covers loss lay fire, theft, jettison, piracy, explosion, malicious acts, latent defects in hull or machinery and third party liabilities on injuries and property damage. (ii) Marine Cargot These policies covers in respect of goods and/or merchandise in transmit from one place to another lay sea, air, raid, road a registered post. The cover provided is in respect of marine perils. Scope of cover follows the institute of London clauses so far as applicable.

8. FIDELITY GUARANTEE INSURANCE POLICY

The fidelity guarantee policy is an insurance against the result of dishonesty or disloyalty of employees. The cover is issued to cover the employer against direct financial loss of money and loss of stock, which might result from acts of dishonest by an employee in the course of employment

9. ALL RISK INSURANCE POLICY

This insurance policy covers loss or damage to property caused by:- (1) Fire (2) Lightning (3) Explosion (4) Earthquake (5) Bush fire (6) Riot and Strike (7) Floods and related perils The risk may involve:- (1) Commercial building (2) Industries (3) Private dwelling premises (4) Goods in trade (5) Domestic or business property

10. MONEY INSURANCE POLICY

The term money is commonly expressed to include cash bank and currency notes, cheques, postal and money orders etc belonging to the insured. Cover is against all risks and includes money in transit, on the insured remises, in safes, on the hand of directors, in custody of collectors and damage to safes.

11. BONDS

These are guarantees that may from time to time be required by other parties to the executed lay an insurance company to certain task to the required standard on as per an agreed contract. The bonds will include:- • Customs bonds • Immigrations /security bonds • Tender/bid bonds • Financial guarantee bond Upon executing such a bond as requested, the insurance acts as the guarantor, and is bound to pay a defined amount of money should the person/party so guaranteed, fail to meet the terms and conditions of the contract with the third party.

12. BURGLARY/THEFT

The burglary policy compensates for the insured’s property stolen from their business premises. There must be a forcible entry into or exit from the premises for this policy to offer compensation, meaning that the premises must be broken into or someone forcefully finding their way out. Policy will also cover the costs of repairing damages to the premises in the course of theft. Cover may also be extended to include riot and strike and any theft following a hold up.

13. GOODS ON TRANSITY POLICY

Policy offers protection against loss, destruction, or to goods whilst they are in transit-from time of leaving the insured’s premises to final delivery. The policy also protects the insured from liability during loading and unloading of the goods, and temporary housing in the course of transit. The cover is available for individuals or companies transporting goods.

14. TRAVEL INSURANCE

The increase in international travel has meant that risks associated with it have grown. This coupled with the high cost of medical care abroad has made travel insurance vital for any traveler. Travel Insurance provides 24 hours emergency and medical assistance anywhere in the world. You can enjoy easy and carefree international travel. Travel insurance is also accepted by countries that require travel insurance before issuing visa. Some of the benefits you will enjoy with Travel insurance include: Travel Delay / Flight Cancellation Financial Loss and / or expenses incurred if your trip is cancelled or delayed because of unavoidable circumstances. Medical and emergency expenses Emergency medical, surgical or dental expenses incurred during travel; costs of returning home by Air Ambulance or other medically appropriate means; cost of return or mortal remains or repatriation or cost of funeral where death occurs. Hospital Allowance Where the insured is hospitalized as a direct result of an accident or illness covered under this policy Personal Accident Losses resulting from an accident, injuries, loss of limbs, loss of sight and death Passport Cost incurred in obtaining travel documents after loss of your passport. Baggage Total loss of baggage that has been checked in by an international airline. Cost of purchasing essential items after baggage has been delayed by an airline Money Loss of money accidentally or by theft while on your person, securely locked under your control or in a safety deposit box in a hotel or a bank. Person Liability Legal liability for accidental injury to third parties and / or accidental damage to their property.