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Insurance Planning

 

 

LIFE INSURANCE POLICIES

 
 

Super Education Provider

Super Education Provider is designed to provide parents with financial support for their children’s education.

There are 4 options provided by the NIC Tanzania

Option 1:  Kinder Super Education Provider covering Primary School Education fees.

Option 2:  Junior Super Education Provider covering Secondary School Education fees.

Option 3:  Senior Super Education Provider covering University Education expenses.

Option 4:  Combination of option 2 and option 3.

 

Super Life Provider

This is Life insurance policy that provides benefits to you the insured during your retirement years.  In case you die prematurely, the policy pays benefits to your dependents supporting them on the financial loss they may suffer as a result of your death.

 

Medicare Insurance

Medicare provides the insured with health insurance coverage that may include the following benefits: 

  • Hospitalization

  • Outpatient services

  • Home nursing services

  • Ambulance services

 More optional services include:

  • Maternity care

  • Optical care

  • Dental care 

Other benefits include:

  • Death benefits

  • Total & irrecoverable loss of limb (s)

  • Total & irrecoverable loss of sight in one eye or both eyes

  • Total & irrecoverable loss of hearing in one ear or both ears

Pensave Scheme

This is a retirement savings program provided by the National Insurance Corporation of Tanzania .  The Pensave plan gives you flexibility on contributions, you decide when you want to contribute and how much.  The plan also allows you to take your savings with you as you move from one employer to another during your working years.

 

Flex Life Protector (9 years)

This plan facilitates provision of life assurance coverage and a source of capital for investment.

 

For more information visit the NIC website directly at www.nictanzania.com and click on Products & Services.