CRDB BANCASSURANCE

1. Life Insurance:
   ➢ Credit insurance cover: It is used as guarantee for loans, and it covers life-related risks by
   providing compensation in the event of death. The compensator is the Bank.
   ➢ Mpozamarira insurance: Covers life related risks by providing compensation in the event of
   death, it has a range of amount to be paid per family and amount to be compensated after death.
   The compensator is the family.
2. Vehicle Insurance
   Protects vehicles against accidents, damage, and theft. Typically includes options such as third-party
   liability and comprehensive coverage.
3. Property Insurance
   Protects movable and immovable assets as well as your investments against fire, floods, theft, or other
   damages. Suitable for both individuals and businesses.
4. Travel Insurance
   Covers unexpected events during travel, such as delays, lost baggage, or medical emergencies. Particularly
   beneficial for international travelers.
5. Goods-in-Transit Insurance
   Protects goods being transported against damage or loss, whether by land, sea, or air. Essential for
   logistics and international trade companies.

1. Life Insurance
   • Age: Typically, between 18 and 65 years; some policies may cover minors or extend up to 65+ years.
   • Loans: The customer must be our borrower. Borrowers typically need to be within the insurable age range,
   often 18–65 years. Coverage may extend to 70 or 75 years in some cases, depending on the loan term and
   some medical check-ups will be done for health status
   • Mpozamarira: Borrowers typically need to be within the insurable age range, often 0–70 years.
2. Vehicle Insurance
   • Ownership: The vehicle must possess a registration card.
   • Vehicle Type: comprehensive (full coverage) Covers personal or commercial vehicles; depending on the
   vehicle’s state and condition.
3. Property Insurance
   • Ownership: The policyholder must have the title deed, and have expertise otherwise he must know the
   value of the property
   • Property Type: Coverage varies for residential, commercial, or rented properties.
4. Travel Insurance
   • Travel Purpose: Policies are tailored for all who choose to pay and will be charged subject to duration of
   travel and location visited.
5. Goods-in-Transit Insurance
   • Business Entity: Primarily for businesses involved in manufacturing, trade, or logistics.
   • Ownership of Goods: The insured must own the goods or be responsible for them during transit.

• One-stop-shop for banking and insurance services.
• Trusted partnership with reputable insurance providers.
• Simplified application and payment processes.
• Professional support and advice at the bank branch.
• Convenient premium payment options via the bank

• Visit any nearest CRDB Bank branch.
• Consult with a Relationship Manager or any Bancassurance Specified Person.
• Fill out the insurance proposal form.
• Provide the necessary requirement documents.
• Choose the payment plan for premiums: payment from account or payment by cash