MKOMBOZI COMMERCIAL BANK PLC LAUNCHES INSURANCE PREMIUM FINANCE
In efforts to spread its tentacles in terms of service delivery to meet customer needs, MKCB has introduced a new loan product to facilitate acquisition of insurance services without hustle. Speaking at the launch today (5th April 2019), MKCB’s Managing Director, Mr. George Shumbusho addressed that Insurance Premium Financing caters for what is commonly said in the public “Vyuma Vimekaza”. He urged each employee to take ownership of the product by using it and referring the product to the neighbors, friends and relatives.
Mr. Shumbusho added that Insurance Premium Finance is a product for all customers ranging from employees, business men and women and companies. The service will be offered in all MKCB branches spread in 7 regions of Tanzania namely, Dar es Salaam, Dodoma, Mwanza, Bukoba, Morogoro, Kilimanjaro and Iringa.
 
MKCB’s Managing Director Mr. George Shumbusho speaking with his staff during the launch of Insurance Premium Finance at MKCB’s Head Office today (Photo by Tony Munyambo – MKCB’s Marketing Department)
 
On the other side, the MKCB’s Insurance Officer Ms Diana Martin said that Insurance Premium Finance is a specialized finance facility that allows a Bank to pay the premium on behalf of a customer in need and that the product allows insurance customers to spread their premium payments for the period up to 10 months. She also added that the bank aims to eliminate financial burden of lump sum payment of annual insurance premium as well as enhance customer satisfaction through provision of wider range of products and services under one roof.
 
Some of MKCB’s Staff paying attention to the presentation from Ms. Diana Martin-Insurance Officer during the launch of Insurance Premium Finance at MKCB’s Head Office today (Photo by Tony Munyambo – MKCB’s Marketing Department)
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