Auto Life Life Insurance Motor News People

“It’s high time passengers made it their business to find out if a vehicle is fully insured before they get on board. It’s about their lives. If all passenger passengers board a bus or kombi with passenger insurance cover no ...
Auto Claims Funeral Health Life Insurance Motor News People

The Insurance and Pensions Commission (Ipec) says that the introduction of the Road Accident Fund (RAF) will lead to the collapse of eight (8) short term insurers whose income is heavily dependent on Third Party Vehicle Insurance (TPI) ...
Zimbabwe: IIZ Annual Winter School On Next Week

This year’s winter school will be headlined by the IIZ president and Ruvimbo Funeral Assurance CEO Dr Edward Gomba. Other speakers are First Mutual Holdings group marketing and strategy executive Ms Farayi Mangwende who will speak on the ...
Most Zimbabweans not insured

HARARE – Zimbabwean insurance companies have been urged to come up with new products aimed at capturing at least 9,1 million people who are not insured. Finance ministry director Judith Rusike said insurance sector firms must play a ...
Accident Agents & Brokers Auto Claims Commercial Lines Health Home Life Insurance Motor News Personal Lines Regulation

Insurance as a business is largely divided into two broad categories: short-term and long-term. The first is technically called indemnity or property insurance, while the second is non-indemnity or life insurance. Short-term is so-called because the contract hardly ...
Accident Agents & Brokers Auto Companies Motor News Regulation

Livingstone Marufu THIRD party insurance premiums for motor vehicles have been hiked by 20 percent to $36 per term from $30 last year for light vehicles, while premiums paid by commuter omnibuses have been revised to $88 from ...
LEGAL MATTERS: Motor vehicle insurance and the law

Tichawana Nyahuma and Enard Chiguvu The Sunday Mail The main principle underlying property or indemnity insurance is to put the insured into the position he would have been had the insured thing not been damaged or lost. At ...
Accident Agents & Brokers Auto Claims Motor News Regulation

Fake motor vehicle insurance policies have flooded the country with millions of dollars being lost to fraudsters, Transport minister Joram Gumbo has said. Gumbo, in a ministerial statement to the National Assembly on Thursday, said there was a ...