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OUR INSURANCE PRODUCTS

Fire Insurance

Fire insurance is insurance that protects against losses incurred by fire disasters. A fire disaster can happen at any time, and when happen, both bring losses to the building

Bond Insurance

Bond insurance (also known as "financial guaranty insurance") is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.

Marine Insurance

This is the insurance of water vessels (yachts, boats, and ships). The cover is against loss or damage to the hull, engines, and accessories caused by perils of the sea, rivers, lakes, or other navigable waters. It also covers loss by fire, theft, jettisons, piracy, explosion, and malicious acts.

Personal Accident Insurance

Personal accident cover is designed to protect you against accidents that are not a result of anyone's actions or fault and therefore cannot be claimed on someone else's insurance. While the thought of an unexpected accident is not nice, it is sensible to be prepared financially for such events - as no one can be 100% certain that one won't occur.

Motor Insurance

BUMACO Insurance offers a range of products for Third-party and Comprehensive motor insurance, along with optional benefits and coverage limits. The insurance will cover vehicles for loss or damage (including riots and strikes) and third-party liabilities anywhere in Tanzania.

Money Insurance

Money Insurance protects against financial loss in transit and on-premises due to robbery or theft. It covers money carried by the insured or authorized employees, as well as money that is not disbursed and is stored in a safe.

Machinery Breakdown

Businesses often invest heavily in acquiring machineries that meet their specific needs, but they may experience unexpected breakdowns.

Domestic Package Insurance

This insurance is specifically for residential houses and movable personal property. It covers buildings, electronic equipment, and furniture.

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