SME Banking

Insurance Premium Finance

If you’re feeling overburdened by a hefty insurance bill with premiums you can barely afford, we may have an ideal solution for you. With easy instalments and quick processing, our Premium Financing can take the load off. We simply give you a loan against your insurance premium bills and pay the proceeds directly to your insurer. This way if you ever lose your business or your job, you don’t risk losing everything else at the same time.

Features and Benefits:

  • The minimum qualifying premium amount is TZS 500,000.
  • The maximum amount depends on your insurance premium.
  • Easy installments over a maximum period of 10 months.
  • We offer competitive, fixed interest rates.

Application Requirements:

  • Duly completed application form
  • Executed Insurance Premium Finance Agreement endorsed by the insurance company However,   The Insurance Company underwriting the policies must however be approved by CBA

For more information contact your relationship manager or customer service representative or E-mail us contact@cba.co.tz