Zimbabwean disinterest in insurance products
During Q1 2020, only 34% of the population has underwritten insurance contracts. Most insured only benefit from funeral insurances.
Such customer disinterest is mainly due to:- The lack of confidence in insurance products,
- Monetary erosion due to inflation,
- Rising unemployment and lack of job opportunities.
Read also | Zimbabwean insurance market
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Wed, 16/09/2020 - 16:48
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