INSURANCE SERVICES The following is the best list of insurance providers in Tanzania:

INSURANCE SERVICES The following is a list of insurance providers in Tanzania: 1. AAR Insurance (T) Limited Principle Officer: Mr. J. Gakunju Address: Plot No. 74, Serengeti Road/Warioba Street Mwai Kibaki Road, Mikocheni P. O. Box 9600 DAR ES SALAAM Fax: +255 22 278 1472/ 278 1204 Telephone: +255 22 278 0020/ 278 0651 Email: info@aar.co.tz Website: www.aar.co.tz Insurance services: Health and Rescue Services Package/Benefit: 

They offer tailored individual and corporate healthcare packages categorized into three respective groups; (i) IndividualGold Premier-Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of TZS 200,000,000, (ii) Individual Silver Premier- Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of TZS 150,000,000, and (iii) Individual Bronze 

Premier- Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of TZS 30,000,000. (i) For Corporate Gold Premier- Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of US$ 200,000, (ii) Corporate Silver Premier- Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of US$ 100,000, and (iii) Corporate Bronze 

Premier- Overall Annual Limit (OAL) (Combined Accident and Illness Hospitalization) of US$ 15,000 2. Alliance Insurance Corporation Ltd Principle Officer: Mr. K.V. Krishnan Address: Ghana Avenue 7th floor EXIM Tower P.O. Box 9942 DAR ES SALAAM Fax: +255 22 2139098 Telephone: 255 22 2139100, 255 754287203 Mobile: +255 754 287203 Email: admin@alliancetz.com Website: www.alliancetz.com

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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. 3. Alliance Life Assurance Limited Principle Officer: Mr. George Nyakundi Address: 5th floor EXIM Tower Ghana Avenue P.O. Box 11522 DAR ES SALAAM Fax: +255 22 2103305 Telephone: +255 22 2103300 +255 22 2103301 Email: life@alliancelife.co.tz Website: www.alliancelife.co.tz 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

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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. First Assurance Company Limited Principle Officer: Ms. Maryanne Mugo Address: Amani Place, 4th floor, Ohio Street P.O. Box 5799 DAR ES SALAAM Fax: +255 22 212 2136 Telephone: +255 22 212 2130/1 Email: info@firstassurance.co.tz Website: www.firstassurance.co.tz 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.