Nyaradzo Life Assurance Company

With service at the heart of everything we do, we endeavour to provide relevant solutions for everyone. At Nyaradzo, we understand that every client is different and requires a product that can be tailored to meet their individual preference.

Our plans are flexible and affordable, providing burial and funeral services to our policyholders as well as offering services to non-policy holders.
What sets us apart are the principles, values and traditions we have upheld as an organisation. We are dedicated to delivering exceptional service that is in line with our culture and African traditions; in other words, ‘Maringe ne tsika dzedu’.

 

 

Understanding Policy Lapse

“Lapse” means the suspension of benefits under a funeral policy due to non-payment of premiums by the end of the grace period. The period for which a funeral policy remains in force where premiums are not paid under section 60 of the Insurance Act (Chapter 24.07) is stated as below;

• 6 months 5 years or over and less than 7 years
• 9 months 7 years or over and less than 9 years
• 12 months 9 years or over and less than 11 years
• 18 months 11 years or over and less than 14 years
• 24 months 14 years or over and less than 17 years
• 36 months 17 years or over and less than 21 years
• 48 months 21 years or over and less than 25 years
• 60 months 25 years or over.

Nyaradzo Life Assurance Company

With service at the heart of everything we do, we endeavour to provide relevant solutions for everyone. At Nyaradzo, we understand that every client is different and requires a product that can be tailored to meet their individual preference.
Our plans are flexible and affordable, providing burial and funeral services to our policyholders as well as offering services to non-policy holders.
What sets us apart are the principles, values and traditions we have upheld as an organisation. We are dedicated to delivering exceptional service that is in line with our culture and African traditions; in other words, ‘Maringe ne tsika dzedu’.

We Listen, Understand & Provide Solutions.

About

Nyaradzo Group is a dynamic group of companies that provides financial, insurance, risk and event management solutions.

Contact Us

Nyaradzo Group Head Office
Sabi House 18 Park Street
P.O Box 3250
Harare
Zimbabwe
+263-242-796694-7 / 791304 /791344
+263-242-791364 / 704203