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ZSIC General Insurance Managing Director Mr. Charles Nakhoze on Wednesday 24 th April 2019 officially launched the Pay As You Go and DDAC payment options.

“We are excited to have you here this morning to actualize one of the most important strategy objectives in our Strategic Business Plan 2018 to 2020 which is ‘To Improve Customer Service’. The two payment options will offer clients convenient and affordable options for paying their premiums’’ said Mr. Nakhoze.

This was during press briefing held at Premium House, which was attended by the Board Chairman Mr. Justine Chisulo and ZSIC GI members of staff.

Mr. Nakhoze further pointed out that in order to effectively satisfy its clients, the company is focused on ensuring that service delivery and convenience are at the heart of the company’s operations.

Direct Debit or DDAC is a payment option that provides clients with an option to pay insurance premium in affordable monthly installments directly from the clients bank account. It has several benefits including:

  • No Bank charges
  • Simple and free one off sign up
  • Cover is effective from date of signing up
  • Affordable monthly installments
  • Available to both individuals and corporate clients

PAY AS YOU GO is comprehensive motor vehicle Insurance cover, issued for a period commensurate to the amount of money a client is able to pay. This offers the client the benefit of having full cover for any period of time (limited to minimum period of 3 months) Key benefits include:

  • Affordable comprehensive insurance cover
  • No need to pay the full annual premium to enjoy full comprehensive insurance cover
  • Comprehensive cover based on cash flows or income.
  • Clients can purchase comprehensive cover quarterly as they purchase road tax

    Finally, Mr. Nakhoze also announced that the company has equipped all branches with Point