TANZANIA'S FIRST IPF
SPECIALIST
TANZANIA'S FIRST IPF
SPECIALIST
Reach Us Out

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SPECIALISE IN

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KMJ Insurance Agency Limited

KMJ Insurance Agency Limited

Operating as agents for The Jubilee Insurance Company of Tanzania, KMJ Insurance Agency focuses mainly on general insurance such as motor, medical, marine, fire, burglary, agriculture, construction, machinery, liability, travel and life insurance.
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KMJfi

KMJ Finance and Investments

In collaboration with various insurance companies and intermediaries, KMJFI provides Insurance Premium Financing (IPF). KMJfi strengthens the general public’s access and affordability to purchase a greater variety of insurance products through affordable payment plan.
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HOW kmj-fi-logo WORKS?

Can’t pay the insurance premium?
Let us handle it for you!

Step1

We will pay your premium

Step2

An easy installment plan for your premium

Step3

Pay small amount of money every month

IPF

EXPLAINED

What is insurance premium financing?
What is insurance premium financing?
If you would like to purchase an insurance cover and you cannot pay the full premium amount, we will design a solution where you can pay the premium in 8 monthly installments. T&C’s apply.
How many installments can you offer?
How many installments can you offer?
A maximum of 8 monthly installments are offered.
What are the payment methods?
What are the payment methods?
You can pay us via TigoPesa, MPesa, Cash and Bank payments via NMB and NBC.
What is your finance rate?
What is your finance rate?
The finance rate is either 12% or TSH 30,000, whichever is more.
How much is the down payment?
How much is the down payment?
20% of the premium including VAT and finance cost is the required down payment.
Is VAT charged on the premium?
Is VAT charged on the premium?
Yes, 18% VAT is charged on the premium.
How quickly can I get my insurance sticker and cover note?
How quickly can I get my insurance sticker and cover note?
We can release these on the same day, subject to 20% down payment and T&C’s.
Will the insurance decline with declining balance?
Will the insurance decline with declining balance?
The principle and interest rate will remain similar every month for 8 months.

WHO

we are

Our dedication to quality and cost competitiveness has led us to several milestones. Our core values have not only shaped our destiny, but also have reaffirmed our customers trust in us. We are not just bringing best practices to Tanzania but building relationships with customers that are everlasting.

Meet

Us

Karim Jamal
Karim Jamal
Managing Director
Team Member Name
Nashma Hasham
Chief Operation Officer (COO)
Team Member Name
Sherif Jamal
Business Development Manager
Team Member Name
Shams Bakari
Client Relations
Team Member Name
Albaaz Dhallah
Accountant / Finance Officer
Team Member Name
Juma Mtajenga
Client Relations
Team Member Name
Komal Solanki
Client Relations
Fast

Immediate approvals

Simple

One form + Two Signatures

Affordable

Monthly Installments & Competitive Rates

Our

Partners

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

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