Tanzania: NBC, Sanlam Partner in New Insurance Scheme

The National Bank of Commerce (NBC) director of Retail Banking, Elibariki Masuke (left), presents a Total fuel card to Robert Danford Buguru, the first customer to have his car insured with NBC and ...

Sanlam Insurance Ltd during the official launch of the NBC festive season motor vehicle insurance coverage. Looking on are NBC employees . PHOTO | courtesy

Dar es Salaam — The National Bank of Commerce Ltd, in partnership with Sanlam Insurance Co., has launched a 'holiday motor vehicles insurance' campaign from this December to January 2020.

The campaign is in recognizing the importance of safety of vehicle users during the festive season.

During the launching held at the Total petrol station in Mbezi, Dar es Salaam, on Saturday, NBC's head of Insurance, Mr Benjamin Nkaka, said the campaign comes at the right time of the year when the number of travelers is high.

"NBC is geared to improve insurance services and add to the deepening of the insurance penetration rate in the country," he said.

Customers who buy insurance through NBC branches will be able to insure their cars through various freebies, including free engine oil service and fuel from Total filling stations, as well as free personal accident cover against death, permanent disability and medical expenses caused by accident.

Owners of cars worth Sh50 million or more will get free engine oil and personal accident cover against death, permanent disability and medical expenses.

For cars worth from Sh15 million to Sh49 million, customers will get ten (10) free litres of fuel at any Total filling station in Tanzania. They will also get free personal accident cover against death, permanent disability and medical expenses caused by an accident. Those who own cars worth between Sh7 million and Sh14.9 million will get free five litres of fuel at any Total filling station, free personal accident cover against death, permanent disability and medical expenses caused by an accident.