The Citizen (Dar es Salaam)
Victor Karega and Devotha John
25 September 2009
The National Bank of Commerce (NBC) has launched a new product known as 'Rambi Rambi Plus' that compensates families of insured persons in the event of death.
"We are offering standalone insurance to our customers and Tanzanians at large. This includes 'Rambi Rambi Plus' family funeral support cover," the bank's head of retail banking, Mr Johan Vermaas, said yesterday in Dar es Salaam.
He said the funeral cover aimed to assist individuals plan ahead and save on funeral expenses, adding that the cover had a variety of premium options that were offered to suit the needs and financial ability of a range of customers.
NBC has partnered with the insurance company Alexander Forbes to offer the service. The bank says it is the first financial institution in the country to offer such a service.
Meanwhile, KCB Bank Tanzania yesterday donated medical equipment worth Sh7.8 million to Dar es Salaam's Temeke Hospital.
The bank's head of marketing and corporate affairs, Ms Christina Manyenye, said the donation of a surgical operating table and pulse oxymeter was part of KCB's support to the provision of health services in the country.
"The donation will reduce the acute shortage of equipment that hinders the delivery of quality healthcare at the hospital," she said.
Apart from serving Dar es Salaam residents, Temeke Hospital also handles patients from Mkuranga, Rufiji and Kisarawe districts in Coast Region. Its head, Dr Asha Mahita, said other major obstacles in their operations included old buildings and unreliable transport.
KCB currently has nine branches Tanzania and plans to open two more in Dar es Salaam and Moshi next month.
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