{"id":36575,"date":"2021-09-14T14:28:36","date_gmt":"2021-09-14T14:28:36","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=36575"},"modified":"2021-09-14T13:38:48","modified_gmt":"2021-09-14T13:38:48","slug":"fuel-embedded-life-insurance-launched","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched","title":{"rendered":"Fuel embedded life insurance launched"},"content":{"rendered":"

Africa-Press<\/a> – Tanzania<\/a>. <\/strong><\/span>PUMA Energy Tanzania has partnered with three other companies to initiate life insurance cover embedded in smart payment cards for supporting the government\u2019s efforts to increase insurance penetration.<\/p>\n

The three other companies are Sanlam Tanzania, Selcom Tanzania and TanManagement Insurance Brokers Limited.<\/p>\n

With this product, all customers paying for fuel (minimum of 10,000\/-) using Selcom Pay Mastercard QR or Puma card at Puma Energy stations in Dar es Salaam will automatically receive life insurance cover from Sanlam in real-time, valid for seven days.<\/p>\n

Puma Energy Tanzania Managing Director Dominic Dhanah said the move was in embracing digital solutions for their customers.<\/p>\n

\u201cWe always strive to partner with like-minded companies to create more value to our customers. This scheme offers the customers of Puma Energy an added value and is keeping in line with the company\u2019s brand purpose of \u2018Energizing Communities\u2019 to drive growth and prosperity,\u201d Mr Dhanah commented during a launching ceremony yesterday in Dar es Salaam.<\/p>\n

Chief Executive Officer (CEO) of the Sanlam Tanzania, Mr Khamis Suleiman, said: \u201cWe are translating ministry of finance directive by action to ensure we meet the target set of having approximately 50 per cent of the adult population with at least one insurance policy and increase the penetration rate to 5 per cent of the GDP.\u201d<\/p>\n

Other benefits from this scheme will include the poverty alleviation and creation of wealth through claims payment for those with bad fortunes.<\/p>\n

He said the process flow would assist clients who regularly purchase fuel at Puma Energy stations to cover themselves for life insurance whilst paying through their digital wallets.<\/p>\n

Mr Sameer Hirji, Executive Director of Selcom Tanzania said the initiative was part of the efforts to bridge the digital divide in the market.<\/p>\n

\u201cThis initiative makes use of cutting-edge technology to ensure that we achieve the goal of the insurance service reaching out to as many as possible,\u201d she said.<\/p>\n

Commenting, Mr Mohammed Jaffer, Group CEO of TanManagement Insurance Brokers Limited, said \u201cinsurance has to be made part of our daily lives, whether by direct purchase or value addition; it is one of the most basic requirements in these days.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. PUMA Energy Tanzania has partnered with three other companies to initiate life insurance cover embedded in smart payment cards for supporting the government\u2019s efforts to increase insurance penetration. The three other companies are Sanlam Tanzania, Selcom Tanzania and TanManagement Insurance Brokers Limited. With this product, all customers paying for fuel (minimum of […]<\/p>\n","protected":false},"author":84,"featured_media":36574,"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-36575","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":"\nFuel embedded life insurance launched - Tanzania<\/title>\n<meta name=\"description\" content=\"PUMA Energy Tanzania has partnered with three other companies to initiate life insurance cover embedded in smart payment ...\" \/>\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\/fuel-embedded-life-insurance-launched\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel embedded life insurance launched\" \/>\n<meta property=\"og:description\" content=\"PUMA Energy Tanzania has partnered with three other companies to initiate life insurance cover embedded in smart payment ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched\" \/>\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=\"2021-09-14T14:28:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/09\/img-6140a5bfbfbd2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"383\" \/>\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=\"2 minutes\" \/>\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\/fuel-embedded-life-insurance-launched#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fuel embedded life insurance launched\",\"datePublished\":\"2021-09-14T14:28:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/09\/img-6140a5bfbfbd2.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\/fuel-embedded-life-insurance-launched#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/fuel-embedded-life-insurance-launched\",\"name\":\"Fuel embedded life insurance launched - 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