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LUTAKOME

4 Must have Insurance Policies for every individual during the COVID 19 Lockdown
 485 370 LUTAKOME
By:
2

Many people are wondering whether Uganda’s insurance industry ready for COVID 19 and whether the insurance policies are relevant during this time. I have put together just 4 incidents that have ready insurance solutions and hereby advise you to consider them as part of your redemption story during the remainder of 2020 and beyond. To…

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Learning from Others – Insurance and COVID 19 Effects to Businesses
 800 395 LUTAKOME
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1

There is no doubt that the disruption to businesses as a result of the COVID 19 pandemic is quite unprecedented in our lifetime. Looking at the available opportunities in our own town and how people make a living, one can only imagine how agile we have to get to survive through the rest of the…

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Reducing Your Tax Burden Through Life Insurance
 600 400 LUTAKOME
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0

In a country where new taxes are being introduced on every investment, I would like to share with you how the life-insurance industry can create a tax haven for the subscribers. Like I said in my previous article “can insurance make you rich?” Life insurance in not necessarily an investment but rather an optional safety…

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Uganda - Insurance Make people Rich
Can Insurance Make you Rich?
 1000 640 LUTAKOME
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0

Janet (not her real name) was promised by an insurance salesperson that if she subscribed for a life insurance plan with a monthly premium of 100k she will get up to 10 million after just five years. She signs up gets a contract which she doesn’t bother to read and waits to cash in after…

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What is Life, Medical and None Life Insurance
What is Life, Medical and Non-Life Insurance : This is My Take on it.
 1000 640 LUTAKOME
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I look at insurance as a financial instrument which provides a safety net should an unforeseen event threaten the things which matter to a person These can range from property, reputation, life and health Non-Life Insurance Perhaps the most diverse cluster of insurance, non-life insurance is also referred to as general or short-term insurance focuses…

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Reduce on your Loan Fees
Looking for ways to reduce your loan arrangement fees?
 1000 640 LUTAKOME
By:
2

The Bank of Uganda Consumer Protection Guidelines paragraph 6 (4) (b) stipulates that when a financial services provider provides ancillary services attached to their product, they should provide the consumer with a pool of at least four providers of this other service to select from. This includes insurance companies.   To comply with this directive,…

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Kampala Uganda Employee Benefits
[UGANDA] Recruit & Retain the Best with Employee Benefits
 1000 640 LUTAKOME
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0

Many employers subscribe to the false theory that more money equals satisfied employee. Whereas it’s true that a solid compensation plan is critical to attracting and keeping key personnel, the way this plan is executed matters a lot. Additional cash on one’s payslip is not always the only answer and in many cases not even…

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Key Drivers of Insurance Penetration in Uganda
 1000 640 LUTAKOME
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0

It’s one of the most used phrases by insurers whenever matters of common interests come up for discussion, for Uganda insurance penetration is less than 1% and I have heard in many forums efforts to increase penetration to match up with other markets. I have listened to one speaker say that we need to target…

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