INCHAGHE INSURANCE
INCHAGHE INVESTMENTS LTDis the natural choice for all your general insurance requirements in TANZANIAVISIONTo lead in the provision of general insurance services in Tanzania.
MISSIONTo be the leading insurer of innovative products in Tanzania by providing security and creating value for all stakeholders.
VALUESIntegrity Care Ethical Standards Health and Safety Transparency Accountability Corporate Governance Practices Inchaghe investments ltd being agents for Niko Insurance (Tanzania) limited deals exclusively in short term insurance cover otherwise termed general insurance. Our product profile covers both personal and commercial insurance covers. Our business purpose is to help our customers in Tanzania protect themselves from insurable risks that they face in their commercial activities and daily lives by providing a reliable and secure relationship through our operations, underwriting through to claims settlement. The security and peace of mind of our clientele is our utmost priority. We will be the corporate preferred insurer on the Tanzania short-term insurance market through secure satisfactory relationships and by ensuring our core corporate values inter-alias care, integrity, accountability and quality service are upheld at all times. PRODUCTS
Our wide product ranges include standard personal and commercial insurance covers such as mentioned below. At Inchaghe Investments Limited we take pride in arranging insurance covers custom made for the needs of our corporate clients.
PERSONAL PRODUCTS
Household contents and buildings, motor vehicles, 'all risks', Watercraft, Personal Liability, etc
BUSINESS PRODUCTS
Motor Vehicle, Contents and Stock, 'All risks' covers, Engineering covers, Buildings, Professional Indemnity, Employers Liability, Personal Accident Covers, Public Liability, Products Liability, Employee dishonesty, Business Interruption, Asset 'all risks', Marine Hull, Marine Cargo, Bonds and Guarantees, Goods in transit, Plate Glass, Travel Insurance and our tailor made products.
Synopsis on various insurance covers:House Owners /House Holders Insurance Covers Insured's Buildings and contents exposure to a variety of perils such as fire, explosion, flood, storms, earthquake, riot, strike, malicious damage, theft, impact damage etc. Motor VehicleCovers vehicles at three main different levels apart from the basic "ACT" cover being third party cover which pays for liability to third parties, Third Party Fire and theft which covers in addition to the Third Party cover, the cost of claims arising from Fire and theft of the vehicle or accessories attaching thereon, and finally the Comprehensive cover which covers third party liabilities in addition to damage to the insured vehicle. Office Combined InsuranceCovers Insured's exposure to named perils affecting office contents, office machinery, documents against fire, explosion, flood, storm, riot, strike, malicious damage, impact damage and your liability to third parties.
Engineering InsuranceProvides indemnity to Insured after accidental breakdown to machinery and ancillary aspects as explained below:
Project Insurance
Provides comprehensive cover for loss or damage to the structures being erected or buildings under construction against accidental losses to the contract works. Construction, plant, equipment and machineryPlant and Machinery Insurance
Provides cover for contractors' plant and machinery on an "all risks" basis except those losses excluded under the policy.
Electronic Equipment Insurance
Provides 'all risks' type of cover on accidental loss and/or damage to electronic equipment such as computers, UPS, printers, external date media, equipment for medical use, Communication facilities, Equipment for research and material testing, Increased cost of working etc, Breakdown losses are also covered.
Goods-in-Transit Insurance
Provides covers to suppliers/buyers/owner for the loss or damage to goods sold/bought/owned whilst in transit.
Marine Insurance
Provides covers for loss or damage to the Insured property whilst in transit between other countries and Tanzania and vice versa which are caused by 'perils of the sea' (such as bad weather, sinking collision or stranding) and by theft, jettison, piracy and other similar perils. Marine losses fall in four main areas, Hull, Cargo, Freight and Marine Liability.
Workers Compensation Insurance
Provides for payment of compensation as required by statute to workers or at common law due to disablement resulting from accidents occurring or industrial diseases contracted in course of and arising out of their employment.
'All Risks' Insurance
A wider scope of cover than provided by the standard fire and household/house owners policies is available to commercial entities/Individuals or on items such as satellite dishes, Portable Computers, Cameras, Jewellery, Personal effects etc. Cover under this policy insures any loss or damage to insured items unless specifically excluded by policy wording.
Fire Insurance
Covers buildings, plant/machinery/accessories, furniture, fixture and fittings, stock-in-process, raw materials, finished goods etc, against loss or damage to fire, explosion, riot, strike, malicious damage, impact damage, flood, storm, tempest, earthquake, landslide, subsidence and other perils as named and described in the Niko Insurance (Tanzania) Limited policy wording. |
