Zambia: 'Beware of Possible Insurance Fraud'

opinion

I was only about three years old in the industry when an elderly man walked to my desk to buy Insurance. This man was processing a loan from some institution and among the requirements was to have the property insured which was being used as collateral.

He presented before me a survey report which was done by one of the well known professional surveyors who valued the property at K7 million by then or in today's rebased currency is K7,000.

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