Sanlam Insurance has launched a Life Care Product aimed at providing innovative and comprehensive insurance solutions that cater diverse needs.
Speaking during the launch in Lusaka today, Sanlam Chief Executive Officer, Kwenda Maunga, said the life care plan is aimed at increasing interest of Zambians on insurance products.
Mr. Maunga said insurance lightens the burden of dealing with tragedies hence the need for more Zambians to come on board.
He observed that only 60% of Zambians are using insurance products hence making unexpected financial loss unbearable.
Mr. Maunga said the launched life care has three segments and categories and the idea is to make it affordable for the affluent middle market and the average Zambians.
By Cecila Zulu/ Patricia Njobvu
