{"id":33665,"date":"2021-07-28T14:04:58","date_gmt":"2021-07-28T14:04:58","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=33665"},"modified":"2021-07-28T13:28:08","modified_gmt":"2021-07-28T13:28:08","slug":"nmb-pays-438-4m-insurance-claims-to-kariakoo","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo","title":{"rendered":"NMB pays 438.4m\/- insurance claims to Kariakoo"},"content":{"rendered":"

Africa-Press<\/a> – Tanzania<\/a>. <\/strong><\/span>NMB BANK through Reliance Insurance Company, has paid 438.4m\/- as insurance claims to 12 traders, including those whose business premises were gutted by fire in Kariakoo Market, July 10 this year.<\/p>\n

Handing over the cheque in Dar es Salaam yesterday, NMB Bank\u2019s Head of Insurance Unit, Martin Massawe, called on Tanzanians to create a culture of protecting their property by insuring them, adding that disasters are unpredictable.<\/p>\n

\u201cWe are here to wipe away the tears of the traders who insured their property through their loans or who had property insurance without loans, who were part of the July 10 fire victims at the Kariakoo market.<\/p>\n

\u201cThe existence of insurance does not restore you as quickly as if there was no disaster. This call is not only for mortgage insurance, but all property as the cost of these insurance is very low,\u201d said Massawe in front of the 12 victims, who were among the fire victims.<\/p>\n

Elaborating on the importance and affordability of such insurance, Massawe noted that fire insurance only get 0.25 percent as deduction of the value of the property, and a 100m\/- gets 225,000\/- without V.A.T amount which is cheaper than car insurance.<\/p>\n

\u201cA house worth 100m\/- faces only 150,000\/- as insurance deduction that is equivalent to 177,000 plus V.A.T, here you will see how cheap these insurance are, but they carry the most power when disasters strike,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. NMB BANK through Reliance Insurance Company, has paid 438.4m\/- as insurance claims to 12 traders, including those whose business premises were gutted by fire in Kariakoo Market, July 10 this year. Handing over the cheque in Dar es Salaam yesterday, NMB Bank\u2019s Head of Insurance Unit, Martin Massawe, called on Tanzanians to […]<\/p>\n","protected":false},"author":84,"featured_media":33664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6990,6991,711],"class_list":["post-33665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nNMB pays 438.4m\/- insurance claims to Kariakoo - Tanzania<\/title>\n<meta name=\"description\" content=\"NMB BANK through Reliance Insurance Company, has paid 438.4m\/- as insurance claims to 12 traders, including those whose ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NMB pays 438.4m\/- insurance claims to Kariakoo\" \/>\n<meta property=\"og:description\" content=\"NMB BANK through Reliance Insurance Company, has paid 438.4m\/- as insurance claims to 12 traders, including those whose ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-28T14:04:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-61015b52b5fc4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"585\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NMB pays 438.4m\/- insurance claims to Kariakoo\",\"datePublished\":\"2021-07-28T14:04:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\"},\"wordCount\":245,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-61015b52b5fc4.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nmb-pays-438-4m-insurance-claims-to-kariakoo\",\"name\":\"NMB pays 438.4m\/- insurance claims to Kariakoo - 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