[h=1]In the matter of searching for informations and other interesting staff, I come across with this info in NSSF web page.[/h][h=1]However the line bolded and highlighted with blue colour make me doubt if this guys are serious with the members money.[/h][h=1]Nini maoni yako juu ya aina hii ya miradi.[/h][h=1] [/h][h=1]Insurance Schemes[/h][h=5]MOTOR INSURANCE :[/h]Under motor insurance NSSF insurance Agency offers three policies,
Ordinance
This policy provides cover against bodily injury or death.
Third party only
This policy provides cover against third party property damage, and third party injury, or death.
Third party Fire and theft
This policy provides cover against third party property damage and third party injury or death, Fire and theft.
Comprehensive Insurance Policy
This is a policy which covers a wide range of contingencies. Besides the risks mentioned above others are those which can cause damage to the the motor vehicleitself such as overturning, head-on collision and malicious damage.
[h=5]FIRE INSURANCE :[/h]Fire Insurance is of vital importance in our daily life An employee works for 20 years to afford building his / her own residential house which can be destroyed by fire in few hours. Taking fire Insurance will enable the owner to rebuild a new house or to reinstate the part destroyed by fire. Fire Insurance policy covers properties against the basic risks of fire and lightning.
The following perils/risks may be included in the policy coverage by the Prospective Insured paying additional premium.
i. Special perils
ii. Explosion
iii. Malicious damage
iv. Earth quake
v. Riot and Strike
vi. Electrical Risks
[h=5]BURGLARY :[/h]This policy covers loss or damage by theft involving entry to or exit from a building by forcible and violent means of entry or any attempt threat, provided there are visible marks made on the premises at the place of such entry or exit by tools, explosives, electricity or chemicals. Outbuildings and open spaces are excluded.
Damage to the premises caused by thieves is included if the insured is responsible for the repairs provided the sum insured is adequate.
[h=5]MONEY IN TRANSIT :[/h]This policy provides cover against loss of money in transit, by the Insured or Insured's authorised employee (s) caused by robbery, theft or any other fortuitous cause.
Money consists of bank notes, treasury notes, cheques, postal orders, postage stamps and cash. This is an insurance that you can use as a protection incase the above named liabilities happen. We guarantee better future and prompt settlement of claim if any.
[h=5]ELECTRONIC EQUIPMENT INSURANCE :[/h]This is an accident Insurance. It covers losses which arise suddenly and unforeseen and materially affect the property insured. The Insurer repairs or replaces if the property is partially destroyed or totally lost by the following causes/risks: Explosion, crashing, aircraft, smoke, soot, corrosive gases, water, humidity, short circuit and other electrical causes, erection faults, workshop errors, bad workmanship, faulty operation, gross negligence, malicious acts of workmen, employees and third parties, burglary, hailstorm, frost.
[h=5]PLATE GLASS :[/h]The policy covers breakage of fixed glass in shops, commercial and industrial premises, public buildings and private dwellings.
In the event of breakage of any item of glass specified in the policy schedule, the policy pays or makes good the intrinsic value of the glass plus the cost of any necessary boarding up pending its replacement. The maximum liability under the policy is the amount specified against the particular item as being the limit of value.
[h=5]PUBLIC LIABILITY :[/h]This covers indemnifies the insured in respect of his Legal Liability to Third parties for accidental injury or loss of or damage to property happening during the currency of the policy caused in the course of the Insured's business within the territorial limits.
[h=5]PERSONAL ACCIDENT INSURANCE :[/h]Personal Accident policy provides monetary compensation in the event of bodily injury sustained by an insured person. The injury must be caused solely and directly by an accident and must result in physical impairment or disablement, or in death within the period of 12 months specified from the date of the accident. The amount payable for the various benefits are agreed upon when the policy is taken out and are expressed either as a fixed specified sum or alternatively, in the case of collective policies, can be related to the Insured persons annual salary.
source: http://www.nssf.or.tz
Ordinance
This policy provides cover against bodily injury or death.
Third party only
This policy provides cover against third party property damage, and third party injury, or death.
Third party Fire and theft
This policy provides cover against third party property damage and third party injury or death, Fire and theft.
Comprehensive Insurance Policy
This is a policy which covers a wide range of contingencies. Besides the risks mentioned above others are those which can cause damage to the the motor vehicleitself such as overturning, head-on collision and malicious damage.
[h=5]FIRE INSURANCE :[/h]Fire Insurance is of vital importance in our daily life An employee works for 20 years to afford building his / her own residential house which can be destroyed by fire in few hours. Taking fire Insurance will enable the owner to rebuild a new house or to reinstate the part destroyed by fire. Fire Insurance policy covers properties against the basic risks of fire and lightning.
The following perils/risks may be included in the policy coverage by the Prospective Insured paying additional premium.
i. Special perils
ii. Explosion
iii. Malicious damage
iv. Earth quake
v. Riot and Strike
vi. Electrical Risks
[h=5]BURGLARY :[/h]This policy covers loss or damage by theft involving entry to or exit from a building by forcible and violent means of entry or any attempt threat, provided there are visible marks made on the premises at the place of such entry or exit by tools, explosives, electricity or chemicals. Outbuildings and open spaces are excluded.
Damage to the premises caused by thieves is included if the insured is responsible for the repairs provided the sum insured is adequate.
[h=5]MONEY IN TRANSIT :[/h]This policy provides cover against loss of money in transit, by the Insured or Insured's authorised employee (s) caused by robbery, theft or any other fortuitous cause.
Money consists of bank notes, treasury notes, cheques, postal orders, postage stamps and cash. This is an insurance that you can use as a protection incase the above named liabilities happen. We guarantee better future and prompt settlement of claim if any.
[h=5]ELECTRONIC EQUIPMENT INSURANCE :[/h]This is an accident Insurance. It covers losses which arise suddenly and unforeseen and materially affect the property insured. The Insurer repairs or replaces if the property is partially destroyed or totally lost by the following causes/risks: Explosion, crashing, aircraft, smoke, soot, corrosive gases, water, humidity, short circuit and other electrical causes, erection faults, workshop errors, bad workmanship, faulty operation, gross negligence, malicious acts of workmen, employees and third parties, burglary, hailstorm, frost.
[h=5]PLATE GLASS :[/h]The policy covers breakage of fixed glass in shops, commercial and industrial premises, public buildings and private dwellings.
In the event of breakage of any item of glass specified in the policy schedule, the policy pays or makes good the intrinsic value of the glass plus the cost of any necessary boarding up pending its replacement. The maximum liability under the policy is the amount specified against the particular item as being the limit of value.
[h=5]PUBLIC LIABILITY :[/h]This covers indemnifies the insured in respect of his Legal Liability to Third parties for accidental injury or loss of or damage to property happening during the currency of the policy caused in the course of the Insured's business within the territorial limits.
[h=5]PERSONAL ACCIDENT INSURANCE :[/h]Personal Accident policy provides monetary compensation in the event of bodily injury sustained by an insured person. The injury must be caused solely and directly by an accident and must result in physical impairment or disablement, or in death within the period of 12 months specified from the date of the accident. The amount payable for the various benefits are agreed upon when the policy is taken out and are expressed either as a fixed specified sum or alternatively, in the case of collective policies, can be related to the Insured persons annual salary.
source: http://www.nssf.or.tz
