Insurance Services

Why Maendeleo Bank Insurance Agency?

Peace Of Mind

We promise peace of mind in the solutions we offer

Effective communication

We liaise effectively to our clients thus helping them to the right solutions

Technical advise

This is very efficiency to each and every insurance product

Monthly premium payment

We enable our client(s) to pay premium in monthly basis through Insurance premium financing (IPF)

A. Motor Insurance

Is a basic and compulsory Insurance cover required by law in Tanzania and many other countries.

Types of motor vehicles covered

  • Private vehicle
  • Commercial vehicle – Own goods & General cartage
  • Motorcycle eg. Bodaboda & Bajaj
  • Public service vehicle eg. Daladala, Taxes

 

Cover Offered & Their Benefits

  1. Third Party Only (TPD)
  • It covers your vehicle against third party(s) liability(s)
  1. Third Party, Fire & Theft (TPFT)
  • Covers the insured vehicle against all third party liabilities, fire and theft (parts or vehicle)
  1. Comprehensive
  • It covers your vehicle against all third party liabilities, fire, theft & own damagePersonal accident and Group personal accident

 

Domestic Building (House owner)

It covers accidental loss or damage to the residence and other buildings within the plot, that is, including borehole (pump, motor pipes, tank and tower) resulting from fire and allied perils plus damage to the property due to theft or attempted theft by forcible and violent entry and / or exit

Domestic Contents

Covers accidental loss or damage to contents of private dwelling house resulting from fire and related perils or theft following forcible and violent entry and / or exit

 

Benefits in brief

  • Repatriation in case of accident or illness
  • Repatriation of mortal remains
  • Covers for Loss of passport, driving license, national identity card abroad
  • Compensation for delays in the arrivals of luggage and delayed departure
  • Medical treatment and hospitalization abroad
  • Emergency return home following death of close family member
  • Legal defense while abroad

Fire and Allied Perils

Burglary / Theft

Money Insurance

Public Liability

Machinery Breakdown

Contractors All Risk

Erection All Risk

Electronic Equipment

Goods In transit

Professional Indemnity

Bonds (All type of bonds)

Product Liability

Employers Liability etc.

 

Why Maendeleo Bank Insurance Agency?

Peace Of Mind

We promise peace of mind in the solutions we offer, please send us

Effective Communication

We liaise effectively to our clients thus helping them choose solutions wisely

Monthly Payment (Insurance Premium Finance)

We enable our customer(s) to pay Insurance premium monthly (Installment)

 

Technical Advice

This is very efficiency to each & every product

Tailor made

As we care our customers’ needs, we can arrange your dream cover

 

Personal Accident – this is for individuals

Provide cover against death or permanent total disablement and temporary  disablement.

Death or Injury(s) should be directly caused by an accident involving the insured.

Group Personal Accident

This cover is usually arranged by employer(s) for the employees, as discussed above it also cover both death and permanent total disablement or temporary disablement to employees.

 

Covers in respect of specified personal belongings for accidental loss, damage or stolen in the residence or away from the residence, eg. Camera, Generators, Laptops, Lamps, Calculators etc