Zimnat General Insurance helps you protect your #Firsts
Zimnat General Insurance helps you protect your #Firsts
Let's be honest, getting your first car, rocking that fresh phone, or finally snagging that dream apartment are MAJOR milestones. They scream #adultingdoneright and deserve some serious bragging rights on the 'gram’. But what happens when life throws a curveball, and your prized possessions get messed up? That's where Zimnat General Insurance comes in to be your real MVP (Most Valuable Protector) protecting all those epic #firsts that make you, well, YOU.
First phone smashed? No sweat. We've all been there. That one moment you want to forget where your phone takes a nosedive onto concrete. Nightmares! But did you know that if it's insured within your household insurance cover, a cracked screen or water damage won't derail the joys of enjoying your #first phone? GReturnto savouring and capturing life’s treasured moments with a fresh phone, because adulting shouldn't mean saying goodbye to your precious followers.
First apartment? Congrats! Now, about that peace of mind. Spills happen, fires flicker and trust us, you don't want to deal with replacing your entire furniture collection. Zimnat's Home Contents insurance is your safety net, so you can relax and host those legendary game nights without breaking the bank.
First Of Many Vacations? International Adventurer Well Done. This is a momentous step towards independence and creating unforgettable memories. While the thrill of travel is undeniably exciting, something may happen to you or your things in that beautiful, unfamiliar country. Zimnat Travel Insurance may seem like a small detail, but it can provide immense peace of mind in case the unexpected occurs. Think of it as an added layer of protection so you can fully enjoy your travels without worrying about what-ifs.
First car? Major #lifegoals achieved! But a fender bender can put a damper on your cruising adventures. Zimnat's Comprehensive Car Insurance has your back, covering everything from bumps and scratches to a total write-off (because, let's be real, accidents happen). Get back on the road faster, because the open highway awaits your next adventure.
Look, adulting doesn't have to be a drag. Zimnat General Insurance is here to shield you from the financial blow of life's little mishaps. That way, you can focus on the important things: crushing your goals, leveling up your squad pics, and winning the internet with your flawless style.
So ditch the stress and #protectyourfirsts with Zimnat. Visit our website Zimnat General Insurance to get a quote. Because adulting shouldn't stop you from living your best life. Now go forth and conquer, #insured and fabulous!
#Zimnat #GeneralInsurance
#AdultingDoneRight #ProtectYourFirst
Women's Month Zimbabwe: Empowering Women for a Brighter Future
Women's Month Zimbabwe: Empowering Women for a Brighter Future
Celebrating Women's History Month
At Zimnat, we're proud to celebrate Women's Month, a time to acknowledge the incredible progress women have made in Zimbabwe and across the globe. We've witnessed inspiring women rise to leadership positions in various industries, including our very own.
Think of trailblazers like Beatrice Mtetwa, a human rights lawyer, Chipo Mandela, the first female CEO of Cresta Group of Hotels, and Divine Ndhlukula a prominent businesswoman who excelled in the male- dominated security industry. These women, and countless others, serve as powerful role models, demonstrating the limitless potential women possess.
At Zimnat, we understand that true empowerment goes beyond mere words. We believe that financial confidence is a cornerstone of success, allowing women to take control of their financial destinies and contribute meaningfully to their communities. That's why we offer a range of financial solutions designed to meet the unique needs of women, from life assurance and investment opportunities to microfinance options for small business ventures.
Our commitment to women extends beyond our products and services. We actively promote gender equality within our organization, as evidenced by our equally distributed Executive Committee, with five out of ten members being women. This commitment to #InsipiredInclusion ensures diverse perspectives and fosters a culture of collaboration and innovation, ultimately benefiting all stakeholders.
As a socially invested business, Zimnat goes beyond the bottom line. We believe in contributing to the social and economic development of Zimbabwe, and empowering women is central to this mission. By providing financial tools and fostering an inclusive environment, we aim to empower women to reach their full potential and pave the way for a brighter future for generations to come.
Join the Conversation!
In the spirit of celebrating Women's Month, we're hosting a social media competition. Can you name the five women leaders who serve on the Zimnat Group Executive Committee and their respective titles? Visit the Zimnat website to find the information and share your answers in the comments section using the hashtags #Zimnat #InsipiredInclusion #WomensMonth.
Informal sector finance in Zimbabwe
Informal sector finance in Zimbabwe
Here is how you can do it:
- Set SMART goals: Specific, Measurable, Achievable, Relevant, and Time-bound. Visualize your dream, then break it down into smaller, actionable steps.
- Track your spending: Awareness is power. Use a simple notebook or apps to see where your money goes. Identify areas for adjustments.
- Automate savings: Pay yourself first! Set up automatic transfers to a savings account, even if it's just a small amount. Consistency is key.
Financial Tools at Your Fingertips:
Zimnat understands the specific needs of informal sector workers. We offer a suite of financial tools to support your journey:
- Personal loans:Unexpected expenses happen. Access flexible loan options to bridge temporary gaps without derailing your progress.
- Working capital loans:Need a financial boost to expand your business? Our working capital loans inject crucial funds, fueling your growth aspirations.
Business insurance: Accidents and unforeseen events can disrupt your income. Secure your peace of mind with tailored business insurance plans.
Remember: Building a strong financial foundation takes time and consistent effort. Embrace these tools, leverage Zimnat's expertise, and don't hesitate to seek guidance. By combining financial literacy with the right support, you'll navigate your journey with confidence, paving the way for a brighter, more secure future.
Level up your hustle! Get fast financing with Zimnat's personal loans or working capital loans (processed in 48 hours, terms up to 9 months). Secure your business with tailored insurance. We even offer record-keeping support!
Unlock your full potential and prosper with Zimnat. Visit our website or branch today!
Surviving the season before January disease😂😂: Zimnat's Guide to a Stylish Holiday Adventure!
- 1. Plotting the Perfect Party:
Are you, the captain of a joyous ship sailing through the sea of festivities and planning a festive feast or a year-end corporate party? We've got the ultimate playbook just for you. Create a "Nyama Fund" for braais and a "Budget Boardroom" for the corporate soirée of the year. Allocate funds wisely, ensuring joy without roasting your savings or giving your finance team a meltdown. After all, a well-budgeted bash is the secret to a crew that's all smiles! 🥩🎉💸
- Nautical Navigations & Joyrides:
Now, let's talk about joyrides and holidays. Imagine cruising from Harare to Kariba in your ride. Zimnat's got your back with comprehensive motor insurance for your holiday joyrides and travel insurance for your holiday getaways be it to Dubai, Zanzibar, or Durban you name it. Own your life, and make sure all is well-insured and ready. 🚗🌊✈️
- Gift Maps and Thoughtful Tides:
It’s gifting time of course the Christmas cards phase is gone but there are still many other ways to share the festive joys. 'Tis the season for joyful gifting, not a financial crisis. Don’t be under pressure, particularly social media pressure. Live within your means Remember, it's the thought that counts, not the price tag. 🎁💳
- Jovial Jokes & Financial Banter:
Navigating the holiday plans or in a race to meet the annual target? Zimnat has got jokes juicier than a roasted chibage and banter as sharp as a butcher’s knife. We've even convinced “Father Christmas” to embrace mobile money (he's into EcoCash, Innbucks, and Mukuru now) and the office printer to stop eating paper. Because in the world of festivities and business, a good laugh is the best stress-buster.
So, whether you're the life of the party or the CEO in the corner office, Zimnat ensures your holidays and corporate festivities are a smooth sail. Laughter is the best medicine, especially when budgeting blues threaten to ruin your festivities.
Watch this space for more or talk to us today: https://zimnat.co.zw/general-insurance/#contact
Zimnat dresses up construction men
Zimnat dresses up construction men. In a move that has won the hearts of Zimbabweans, the Zimnat Group, a leading financial services group has launched a heart-warming winter campaign to raise awareness of the importance of financial planning and ensuring one is always adequately covered regardless of age, gender or social standing.
The campaign, launched on one of the coldest days of the 2023 winter season, involved “covering” the iconic statues of “working men” at the Construction House in Harare. The statues were “covered” in Zimnat-branded jackets. Some influencers took to their social media platforms, a picture of the covered statues and Zimnat responded with an underlying message that read “Even the strongest men need cover.”
The campaign’s key message is that everyone needs financial protection, even those who seem to be the most resilient. Many people find themselves under financial strain at some point, hence Zimnat is urging everyone to take steps to protect themselves from the financial hardship phases of life.
“We want to remind everyone that winter is not just about the cold weather,” said Zimnat Marketing Executive, Tatenda Marongwe “It’s a denotation of how seasons vary in people’s lives, including the rise of unexpected financial pressures at some point due to various kind of losses for we are exposed to varying risks. That is why it’s so important to have financial protection in place.”
The Zimnat winter campaign has been met with widespread support from Zimbabweans. Many people have taken to social media praise the company for its thoughtfulness and compassion in giving such a reminder in a creative way.
“This is such a relevant and important message,” said one Twitter user. “It’s so easy to forget that even I can be vulnerable to financial hardship. This is a real inspiration.”
The Zimnat Group winter campaign is a reminder that everyone needs financial protection, no matter how “financially” strong they may seem. By taking steps to protect yourself from varying risks, you can help to ensure that you are prepared for whatever winter may bring.
Be a cool cat who makes smart money moves with life insurance
Are you a young person who thinks life insurance is just another boring corporate product? Think again! Life insurance can actually be an exciting and inspirational way to safeguard the value of your hard-earned money for your kids.
At Zimnat, we understand that young people often view life insurance as something they don't need yet, or worse, as a morbid topic to be avoided at all costs. But here's the truth: life insurance is not just about death benefits. In fact, our Life Care plan and Security Plan policies are designed to help policyholders enjoy the benefits of their policies whilst they are still alive!
Yes, you read that right.
With Zimnat's Life Care plan and Security Plan, you can benefit from an annual no-claims bonus, which means that you could actually receive money back from your policy even if you don't make any claims. And if the products register a profit in that financial year, policyholders also have an opportunity to participate in the profit sharing!
Now, you might be wondering why a young person like you needs life insurance. After all, you're young, healthy, and have your whole life ahead of you, right? But think about this: what if something unexpected were to happen? What if you were diagnosed with a serious illness or were involved in a life-changing accident? Would your loved ones be able to cope financially if you were unable to work or provide for them?
That's where life insurance comes in. By investing in a Life Care plan or Security Plan policy now, you can ensure that your loved ones are financially protected in the event of the unexpected. Plus, by taking out a policy now, you'll benefit from lower premiums as you'll be younger and healthier, meaning you'll pay less for your cover.
But it's not just about financial protection. By taking out a life insurance policy, you're also investing in your own future. You're creating a safety net that will allow you to pursue your dreams and passions without worrying about the financial implications. Whether you want to start your own business, travel the world, or simply enjoy life to the fullest, a life insurance policy can help you achieve your goals and aspirations.
So, what are you waiting for?
Don't view life insurance as just another boring corporate product. Instead, view it as an exciting and inspirational way to safeguard the value of your hard-earned money for your kids, whilst also investing in your own future.
Contact Zimnat today to find out more about our Life Care plan and Security Plan policies, and start living life to the fullest with the peace of mind that comes from knowing you're financially protected.
Borrowing responsibly
Hello, hello, hello Zimbabwe! Today, we're talking about responsible borrowing and how it can benefit you in the long run.
Now, I know what you're thinking: borrowing money doesn't sound like fun at all. But trust me, if you do it responsibly, it can be a smart move. Whether you're looking to start a business, go to school, or just need some extra cash to cover unexpected expenses, borrowing can be a valuable tool.
The key is to make sure you're not overextending yourself. Don't borrow more than you can afford to pay back, and don't take on debt without a plan for how you're going to repay it. This means budgeting carefully, being realistic about your income and expenses, and having a clear idea of how much you can afford to repay each month.
It's also important to shop around for the best loan terms. Don't just take the first loan offer you get – compare interest rates, fees, and repayment schedules from different lenders to find the one that works best for you. And here's where Zimnat Microfinance comes in. They offer a variety of loan options, including business loans, education loans, and personal loans, with competitive interest rates and flexible repayment schedules. Plus, their team of experts can help you navigate the borrowing process and ensure that you're making the best decision for your financial future.
But remember, borrowing isn't a magic solution to your financial problems. It's important to have a solid plan in place for how you're going to use the borrowed funds and how you're going to repay the loan. And if you're not sure whether borrowing is the right choice for you, it's always a good idea to talk to a financial advisor or credit counselor.
So there you have it, Zimbabwe. Responsible borrowing can be a smart move if you do it right. And with Zimnat Microfinance, you can have the confidence of knowing that you're working with a reputable lender that has your best interests in mind.
Protect Your Home Investment this rainy season
As we experience heavy rains and thunderstorms in our beautiful country, it is essential to take stock of our homes' safety and security. These rains, while much needed, can cause significant damage to our homes and properties, leaving us with costly repairs and replacements. This is where home insurance comes in as an important and valuable investment.
At Zimnat, we understand the importance of having a safe and secure home. We also understand that unforeseen events such as heavy rains and storms can cause severe damage to our homes and properties. That is why we have developed a comprehensive home insurance policy that will give you peace of mind and protect your most significant investment.
Our home insurance policy covers a wide range of risks that can affect your home, including fire, lightning, theft, and even natural disasters such as floods and landslides. We understand that the damage caused by such events can be significant and can often be difficult to handle financially. Our policy offers you the assurance that in case of such an event, your financial burden will be reduced.
Our Zimnat Home Insurance policy covers both the building and its contents, which means that you are protected from damage to both the structure of the house and the contents within it. This policy will also cover any liability that may arise in case of injury or damage to third parties on your property.
In addition to our comprehensive cover, we have made our policies accessible and easy to understand. We want to make sure that all Zimbabweans have the opportunity to protect their homes and properties. Our team of professionals is always available to guide you through the process and help you make the right choices for your insurance needs.
In conclusion, as the heavy rains continue to pour, it is essential to safeguard our homes and properties from potential damage. Zimnat Home Insurance is here to give you the peace of mind you deserve, knowing that your most significant investment is protected. Take the necessary steps to secure their homes and ensure they have adequate insurance cover
Funeral Insurance in Zimbabwe (Don't Settle for Less)
Don't settle for less on funeral Insurance
We all want to celebrate life differently. But when it comes to death, it's a reality we have to face. Here in Zimbabwe, ensuring a dignified farewell for loved ones can be a financial burden. That's where funeral insurance in Zimbabwe comes in.
Funeral costs in Zimbabwe can add significant stress to an already difficult time. Funeral insurance offers a safety net, guaranteeing your family has the financial resources to honor your wishes without worry.
Benefits:
- Peace of Mind: Knowing your funeral is covered brings comfort and allows your loved ones to focus on grieving.
- Financial Security: Avoid placing a financial burden on your family during a sensitive time.
- Flexibility: Choose a plan that fits your budget and desired coverage.
At Zimnat, we understand the unique needs of Zimbabwean families. We offer a variety of affordable funeral insurance plans to ensure a dignified farewell for your loved ones. We believe in informed decisions. Compare quotes and explore different funeral insurance options in Zimbabwe to find the perfect fit for you and your family.
Don't settle for anything less than peace of mind. Get a free quote for funeral insurance in Zimbabwe today! Contact us now to discuss your options.
#FuneralInsurance #Zimbabwe #PeaceOfMind
The difference between Life Insurance and Funeral Insurance
By
Joshua Mhlanga
Life insurance
This is a contract offered to an individual seeking to cover themselves or their loved ones against the financial consequences that ensue in the event of the death of the insured individual. The insurer makes a commitment to pay out a lump sum amount as a benefit known as the sum assured to a policyholder’s chosen beneficiaries. Although usually offered to a single life, some may be priced such that the policyholder’s spouse is also covered under the same policy, which is called a “joint” whole life contract.
Funeral Insurance
This contract is taken up solely for the purpose of reducing the financial strains that come with processes involved in making sure that a loved one is given a decent burial. The selected beneficiaries of the covered live(s) are entitled to lump sum pay outs and/or services upon death.
What makes them look Similar?
Benefits payable – Both contracts pay out a lump sum amount upon death of the covered life. The contracts may also be priced in such a way that the policyholder participates in the product’s profit contribution to the insurance company. The profit will be mentioned in the terms and condition as it may be investment, underwriting or a combination of the two.
Zimnat Life Assurance recently launched two products in March 2021, “LifeCare Plan” and “Security Plan”. These products offer policyholders an opportunity to participate in sharing profits realised from the sale of the policies. These contracts are designed in such a way that the insurer promises to give “rewards” if the pool of funds in which premiums are invested in performs, these rewards may be in the form of a lump sum pay-out, premium waiver or an escalation on the sum assured depending on the design of the product.
Eligibility – Almost all insurance contracts can be offered to anyone between 18 and 65 years.
Premium frequency - The insurance benefit is offered in exchange for a premium , the rate at which premiums are paid may also vary from monthly, quarterly and bi-annually.
Premium payment period - Depending on the contract, the contributions towards cover may be paid for a set period, this type of contract is called Whole life with Limited Premium Paying Term, while some may require one to pay in perpetuity until death.
So how are they different?
Usage of pay out – Life insurance cover proceeds may be used to meet inheritance tax liability when winding up the estate of the deceased or to pay off any loans or mortgages that the insured had. It may also be used to purchase an annuity that will be used to pay schools fees amongst other uses.
For a funeral contract, a lump sum is usually paid immediately (within 24 hours of notification) on death to cover all the necessary funeral logistics. So in essence the life insurance contract is taken by the insured so that (s)he safeguards the well-being of those that (s)he leaves behind, while the funeral contract is taken by the insured to make sure that those left behind do not have to worry about financing a proper send off for their loved one.
Magnitude of Sum Assured – a life insurance contract has a significantly higher sum assured value while a funeral insurance contract usually has a lower sum assured. This is mainly so because of the differences in purpose of the covers discussed above.
Underwriting – due to the differences in the sum assured each insurance type is subject to different levels of underwriting conditions. Since the life insurance contact offers a high sum assured the lives to be covered may be subject to medical inspection. Whereas the most common underwriting factor considered for a funeral insurance contract is age.
Benefit Options - Not only does the funeral insurance contract offer monetary benefits, the cover may also render services which include provision of body removal, funeral rites, transport and catering needed on the day of the funeral. In addition, the contract may further give a tombstone and unveiling service benefits. Zimnat offers such services through FSG Zimbabwe.
Lives covered per policy - With a funeral insurance contact one may also choose to cover more lives apart from theirs, these are called co-lives, the addition of these lives has a bearing on the premiums
In conclusion, when the purpose of something is unknown, abuse, overuse or no use at all is inevitable. My hope is next time you want to choose insurance for yourself and/or family, you will be well equipped by the information that has been availed, so that you make the best decision.