In the United States, just over one third of small businesses add business interruption insurance (BI) on to their commercial property policy, according to the Insurance Information Institute. That means the vast majority
Victoria Falls Stock Exchange to launch this Friday
HARARE, The Victoria Falls Stock Exchange Limited (“VFEX”) has been granted the approval to launch and commence trading of securities by the Securities and Exchange Commission of Zimbabwe (SECZ).
The official opening of VFEX is scheduled for Friday 23 October 2020, at its new offices in Victoria Falls. The Minister of Finance and
The US cyber insurance marketplace has reached an interesting crossroad. The market is hardening, rate momentum is picking up, and underwriters are starting to be far more stringent in risk selection with the aim of portfolio optimization and maximizing their return on capital. In this evolving environment, which has been complicated by the COVID-19 pandemic, the US cyber insurance marketplace is
General economic decline impacts short term insurers
While the covid-19 lockdown contributed to the decline in performance in the short term insurance sector , the general decline in the economic growth of the country has taken a toll on the performance of corporates, Insurance 24 has learnt.
Corporates are the main consumers of short-term insurance products culminating
Getting insurance cover for one’s assets is commonly seen by many as a grudge purchase, and as much as some customers might not enjoy paying their monthly premiums, the good news is that they’re assured that their assets are well covered (within the limits of the policy wording) to face the worst of unforeseen circumstances.
Very few people read through the fine print in their insurance
ICZ continues fight against Covid 19, as it donates food hampers Parirenyatwa
THE Insurance Council of Zimbabwe, (ICZ) on Friday handed over food hampers to the medical and ancillary staff of Parirenyatwa Covid 19 Treatment Centre as part of alleviating the pressures the staff is enduring in the fight against the pandemic.
Insurance Council of Zimbabwe is an association of short
COVID-19 and Mental Health: Know inclusions, exclusions in health insurance plans covering mental illness
Health insurance policies cover treatment for mental illness, stress or psychological and neurodegenerative disorders without any discrimination between mental or physical illness.
Life insurance is one of the important pillars of personal finance. In the COVID-19 era, this has assumed greater significance.
In case of the death of the insured individual during the policy term, the death benefit (a lump-sum amount) is paid by the insurance company to the beneficiaries named by the individual. If the person survives the tenure of the policy, he/she doesn’t get anything back.
San Antonio, Texas-based USAA Insurance, America’s fifth largest property-casualty insurer, used the sudden change in driving patterns and accident logs as a cue to return money to its policyholders. In 2020, USAA has returned over $1 billion to its policyholders through “auto insurance dividends,” which are helping to keep cash in their pockets at a time of economic uncertainty.