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Bank Launches Insurance Facility

KINGDOM Bank has introduced a bancassurance facility with RM Insurance and Nyaradzo Assurance Company, which would enable the bank’s clients to insure their assets at any of their branches.

The facility called KingSure will bring together three strong brands that the bank said would assure peace of mind.
“This partnership will help establish KingSure as the foremost brand in the provision of bancassurance products in the Zimbabwean market. Having insurance products available in our branches creates the convenience of a one-stop shop for all our clients’ financial solutions,” said Francoise Molife, the acting managing director of Kingdom Bank at the launch of KingSure.
He said besides offering the convenience of getting insurance cover through the countrywide branch network, KingSure offers competitive pricing, immediate cover on payment of premium and expeditious claims settlement.
“Kingdom Bank is an established player on the market, while RM Insurance has a good track record in claims settlement. Nyaradzo has provided its worth as an efficient and reliable funeral assurance service provider,” Molife said.
The KingSure product range is made up of Motor vehicle insurance, homeowner’s policy to cover loss to buildings and permanent home structure and householder’s policy.
It also has an all risks policy; this covers all assets that are movable  including but not limited to watches, jewellery, cell phones and laptops.
The other product ranges are business, funeral assurance for family and dependants and loan protection which cover loans to insure against failure to repay in the event of death, retrenchment, disability and absconding. — Staff Writer.

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