HERITAGE Insurance has launched a new range of insurance policies that are affordable, flexible and easy to understand.
The policies dubbed 'Ahadi Insurance' will enable customers to choose how they want to make payments through a wide range of methods ranging from cash to M-Pesa.
Speaking during the launch held in Dar es Salaam, Heritage Insurance General Manager, Mr John Haenen said that with 'Ahadi Insurance,' nobody needs to run the risk of not being insured and have to suffer the damaging and costly consequences of any kind of loss.
He said that after conducting research, Heritage found that people wanted insurance that wasn't complicated, that was affordable, also written in Kiswahili and provided by a company that they could trust.
Heritage then set about designing a range of affordable insurance policies specifically for local people to enable them to insure his business, property, car and even himself at not great cost but still be able get the widest cover similar to what is available to big companies, he said.
He said that with 'Ahadi Insurance,' Heritage had used its many skills and knowledge about insurance to create a simple application form, in English and Kiswahili.
He said that customers will be able to choose what insurance best suits him and then let him decide how he wants to pay that suits his pocket, either monthly, quarterly or annually.
He said that customers would pay their premiums through a range of different payment methods which includes cash, cheque and standing order, M-Pesa or Zain Zap - and if he forgets he will receive an SMS from Ahadi to gently remind him.
"When it comes to a claim, Heritage guarantees to settle it within 3 days once it has been validated so there are no lengthy delays in waiting for the claim to be paid out," he said.
He said that the company has emerged as market leader in the insurance industry, writing gross annual premium of 22.67bn/- during 2006. With a paid up capital of 2.85bn/- and that the company's net assets exceed 7bn/- becoming the largest private insurance company in Tanzania.
Heritages achievements can be attributed to a very prudent and professional management, financial strength, a highly developed strategic focus and sustained support from our business partners. Constant attention to our core values - honesty, he noted.
Taken from - http://www.dailynews.co.tz/business/?n=10909&cat=business