Insurance services: We offer a whole spectrum of insurance ranging from Fire, Marine, Motor, Engineering and many others.
Package/Benefit:Corporate Plus: is a comprehensive policy that blankets many of the diverse requirements and allow business entities to choose various combinations of risks that will be applicable to them and can enjoy the benefits of a reduced premium as compared to the premium chargeable on individual risks. They include: (i) Asset All Risk. This is an umbrella policy which caters to the entire gamut of insurance requirements of large corporations and provides a much wider cover than the corporate plus policy, (ii) Material Damage - All loss or damage to the property insured occurring during the period of insurance by an event not excluded specifically under the policy, (iii) Fire Policy: The policy covers fire and lightning on the property insured, (iv) Motor : Alliance covers both private and commercial vehicles of different types on third party as well as comprehensive basis.
Insurance services:We offer insurance and financial services in East Africa, with our headquarter in Dar es Salaam.
Package/Benefit: (i) Group Life/Disability Insurance is designed to provide benefits to employees’ beneficiaries in case of death or disability of an employee while in service. A benefit equivalent to a multiple of the annual salary of the employee or a fixed amount is payable on death or upon disability, (ii) Group Credit Life Insurance covers loans advanced to borrowers. This may be by employers or financial institutions. In case of death or disability of the borrower, the cover pays the outstanding loan at the time of death to the lender thus avoiding the often long recovery procedures or writing off the loans as bad debts, (iii) The Group Micro Credit/SACCOS package. The growth of the microfinance sector in Tanzania requires that insurance companies develop suitable products for that market segment. We have developed micro insurance products that will cater to the needs of all microfinance institutions and the Sacco’s sector, (iv) The alliance Group
Mortgage Protection Insurance provides insurance to cover mortgages. In the event of death or total permanent disability of the borrower, the policy pays the outstanding amount at the time of death to the lending institution or organization. This cover is ideal for individuals taking loans for housing purposes from financial institution or employees of organizations who have access to housing loans; (v) The Alliance Group Funeral Insurance provides a burial expense benefit for employees or members of an affinity group. It is based on a fixed amount of cover on a member and his/her dependents to be used for the purpose of funeral in event of death of the principal member or his/her dependants. The benefit is payable within 48hours to meet the funeral expense.
Insurance services:We offer all classes of General, Medical and Group Life Package/Benefit: (i) We offer general insurance that covers fire and engineering, Marine and Liability, Motor insurance and Accident, (ii) Life Insurance divided into; group last expense policy covering member while alive and Group Credit Assurance Policy that gives benefit to mortgager’s dependents, life insurance that employees, tailor made are given support to meet their specific needs and at a rate you can afford and lastly is Group Mortgage Assurance Plan that protection is a decreasing term assurance policy that covers the life of a person who has taken a mortgage.
Insurance services: We provide a range of differentiated insurance products and services that fulfil the needs of our customers.
Package/Benefit:Domestic Insurance, Travel Insurance, Family Personal Accident, Vehicle/ Motor, Goods in Transit, Directors & Officers Liability, Trustee Liability, Bonds, Aviation Insurance, Products Liability, Sabotage, Terrorism and Political Risk, Electronic Equipment Cover, Deterioration of Stock, Group School Fees Protector, Fidelity Guarantee, Industrial All Risk, Machinery Break down, Student Personal Accident, Work Injuries Benefit (WIBA), Employers Liability. 5. Insurance Group of Tanzania Limited
Fidelity Guarantee:A fidelity guarantee policy indemnifies the employer against all direct pecuniary loss, which the employer may sustain by any act of fraud or dishonesty committed by any insured employee.
Consequential Loss:A fire consequential loss policy will indemnify the insured for loss of earnings in the form profits following fire to the business premises. The policy can also include standing and variable expenses relevant for the continuation of business.
Product Liability:Product liability Insurance indemnifies the insured against all sums which the insured becomes legally liable to pay in respect of accidental bodily injury or illness to third parties, and accidental loss of or damage to third party property, arising out of the use, misuse, consumption, or handling of insured products or goods.
Public Liability: The insurer will pay the insured’s liability for damages and legal expenses arising from personal injury or damage to third party property arising from the insured’s business or occupation.
Personal Accident / Group Personal Accident:The policy provides financial security for bodily injury or death caused by violent, accidental, external and visible means resulting in death or disablement or expenses as described in the policy.
Marine Cargo:This policy covers the risk of loss of goods while in transit at sea by air or inland.
Workmen's Compensation:The policy compensates the insured against any liability from death, bodily injury or disease suffered by an employee in the course of employment.
Motor:The law requires that all vehicles on public roads must have an insurance or security against liability for bodily injury to third parties.There are 3 types of covers here. The various scopes of cover available under each of them are as follows:
Comprehensive:This covers the insured for: Damage to his motor vehicle in the event of an accident, Theft of the vehicle or any parts thereof, Damage to the vehicle by fire, Third party property damage, Third party bodily injury
