Affordable and flexible insurance for Tanzanians abroad.
Secure dignified send-offs and protect your loved ones' financial peace of mind.
what is
Group Life Assurance.
Diaspora Group Life Cover is a specialized insurance plan for Tanzanians abroad, offering financial support for repatriation and burial costs. It ensures a dignified farewell for you and your loved ones when it matters most.
Behind the scenes
Discovering How it Works
Coverage Protects the diaspora account holder, spouse, and up to four children against death-related expenses.
Eligibility Open to active NMB diaspora account holders aged 18-80 (spouses), and children up to 21 (if schooling).
Benefits Provides up to TZS 50,000,000 per member and dependents for repatriation or funeral costs.
Claims Process Notify within 30 days of a loss; benefits paid within 48 hours upon complete documentation.
Additional Support If no repatriation, TZS 5,000,000 is provided for funeral expenses.
Waiting Period Coverage starts after three months of enrollment.
Renewal Rates adjust semi-annually based on claims and demographics.
Impact
The Advantages Of Diaspora Group Life Cover
Comprehensive Family Coverage Protects the account holder, spouse, and up to four children, ensuring the entire family is safeguarded against unexpected final expenses.
High Benefit Limit Offers up to TZS 50,000,000 per member and dependents, providing substantial financial support for repatriation and burial costs.
Quick Payouts Guarantees benefits within 48 hours of submitting complete documentation, offering prompt assistance during difficult times.
Affordable and Inclusive Accessible to Tanzanians living abroad with competitive premiums and flexible eligibility for adults up to 80 years old and children up to 21 years.
Culturally Sensitive Solution Addresses the unique needs of Tanzanians abroad by covering repatriation costs, ensuring a dignified send-off in ancestral land.