ZSIC TO BRING MICRO INSURANCE FOR FARMERS

Zambia State Insurance Corporation -ZSIC- has signed a partnership with Financial Sector Deepening Zambia -FSDZ- that will result in the introduction of micro insurance services for Zambia Co-operative Federation member farmers.
FSD Zambia Chief Executive Officer Betty Wilkinson said the organization has decided to partner with ZSIC life because of the existing partnership between Zambia Co-operative Federation and ZSIC.
And ZSIC Managing Director Christabel Banda levels of insurance has continued to remain low in Zambia because the industry has struggled to provide products that speak to the market.
Meanwhile, ZCF Director General James Chirwa said for many years insurance companies have been coming up with micro insurance for Farmers that do not meet their requirements.
Mr. Chirwa said this in a speech read on his behalf by Director Project Derrick Sokoni.

News Source: ZNBC

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