NicozDiamond Insurance Company, one of the leading institutions in the provision of insurance services in Zimbabwe, is pleased to publicise its partnership with Zimpost in the delivery of its insurance products. This partnership is intended to enable increased convenience for NicozDiamond clients and stakeholders. Traditionally, NicozDiamond has offered and continues to offer insurance services directly through its offices as well as brokers and individual agents.
However, after taking cognisance of customers’ heightened need for convenience and time savings, the partnership with Zimpost was born. In the past clients, especially those domiciled in remote areas, far from the major towns and cities, have had to travel long distances to access insurance services which has resulted in them incurring additional costs.
Riding on Zimpost’s wide distribution network, NicozDiamond clients, even those in remote parts of the country, can now enjoy insurance services without a hassle and also benefit from the accompanying services offered by Zimpost through its one-stop-shop concept.
Complimentary services offered by Zimpost which may be of interest to the insuring public include vehicle licensing, radio licensing, motor vehicle number plates and change of vehicle ownership. Clearly Zimpost has effectively branded itself as a one-stop shop bringing marked convenience to its customers and the public.
NicozDiamond clients intending to renew their vehicle licenses at Zimpost no longer need to visit two offices to complete the transaction as this can take place in a Zimpost outlet with the same NicozDiamond quality service and product offerings
The partnership between NicozDiamond and Zimpost has resulted in the broadening of the NicozDiamond product distribution network and currently, NicozDiamond has offices and branches in Harare, Bulawayo, Mutare, Masvingo, Chinhoyi and Gweru.
Currently there are three main types of motor insurance products on offer through the Zimpost agents namely; Motor Third Party Liability Insurance, Motor Comprehensive and Fire and theft. These are explained below:
The Motor Third Party Insurance
This type of insurance indemnifies the insured against compensation owed to third parties for personal injury or property damage resulting from the actions of the insured.
Hence if the insured is involved in an accident with a third party, this type of cover only provides compensation to the third party.
As a way of protecting the general public, motor third party liability insurance has been made a statutory requirement for all motorists before vehicle licensing.
Motor Third Party Fire and Theft
This type of cover provides the same benefits as third party insurance and in addition also covers the insured against losses or damage caused to the their own vehicle from fire and theft.
This cover allows the policyholder to also benefit from their insurance policy unlike third party which benefits only the other party involved in the event of an accident.
Motor Comprehensive Cover
This is the highest level of motor insurance cover available for motorists in Zimbabwe. This provides the same cover as third party, fire and theft, and in addition accidental damage to the insured’s own car.
Hence comprehensive insurance covers the insured against damage to their own vehicle regardless of whether the insured is the one responsible for the accident.
Despite its higher associated costs, it is more beneficial for the insured to opt for comprehensive cover as it covers the insured’s own property unlike third party.
The products on offer through the Zimpost network are not restricted to motor insurance only.
Insurance buyers can also purchase other beneficial covers such as homeowners, house contents and personal accident covers through Zimpost.
These covers protect the insured’s personal belongings and residential home in the event of occurrence of unfortunate events such as fire, flooding, lightning and theft.
Agents selling valid NicozDiamond motor insurance products can be found situated within the Zimpost banking halls. None of the agents transact outside the Zimpost premises. Hence our valued clients should make sure to avoid being swindled and tricked by individuals purporting to be selling NicozDiamond Insurance products.
Failing to buy valid insurance from approved agents may result in failure to benefit should a loss event or accident occur.
FOR the benefit of our clients the following table summarises the key contact details for NicozDiamond’s agents in selected areas. Though not mentioned below, NicozDiamond also has agents operating at the Zimpost offices in Masvingo, Harare, Bindura, Shamwa and Norton.
For more information about NicozDiamond Insurance please contact us on the following: Call Centre: 263-4 701133, 704911, 251008, 700146 Tel: 263-04–799286, 700297 Fax:263-04–704134,700083 Toll free:0800 4244 Email info@nicozdiamond.co.zw Website: www.nicozdiamond.co.zw For more information about Zimpost please contact: Corporate Communications department on; Telephone: 04 -761544 Toll free: 0800 4249 /0800 9101 Email: amunembe@zimpost.co.zw/bandam@zimpost.co.zw Facebook page: Zimpost-Zimbabwe Posts Twitter@: Zimpost Website: www.zimpost.co.zw