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Life Insurance

Insurance Products that you may not have known existed – Multiple Births Insurance
 150 150 LUTAKOME
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For many couples giving birth to multiple babies simultaneously, either twins, triplets or more is considered an event of extra ordinary importance, in my culture when a newly married couple is being blessed by well wishers, one of the implied prayers is for them to get twins and any couple that attains this feet automatically…

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EFFECT OF COVID 19 ON INSURANCE UNDERWRITING
 900 716 LUTAKOME
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The recent stories of skyrocketing medical bills, loss of lives due to the second wave of covid 19 pandemic in Uganda may not have told the full story; its sadly true that adults above the age of 20 are suffering from the pandemic but many children and adolescents are equally being affected due to the…

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TOP 4 CLASSES OF INSURANCE IN UGANDA
 600 600 LUTAKOME
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Despite the business disruption during 2020 due to COVID 19 total lockdown and the aftermath, the insurance industry rose to a milestone 1 Trillion shillings and although this looks very low as compared to 148 Trillion shillings GDP, it’s a milestone in an industry which grossed 39 Billion 20 years ago. The insurance industry has…

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Top 5 Insurance Products on the Ugandan Market
 724 454 LUTAKOME
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To most people insurance is what it is and that’s why many times people are disappointed when they a report a claim only for it to be denied because they purchased the wrong class of insurance for the risk they are facing. If you are in any way involved in the insurance sector whether you…

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COVID 19 Disruption – 6 insurance products rendered useless during the lock-down
 610 458 LUTAKOME
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There is no doubt the lockdown has caused great damage to many sectors of the economy and ironically boosted some like pharmaceuticals, e-commerce, telecoms, etc. For the insurance industry however, there are mixed feelings and at the moment some company divisions are totally redundant with the fear of extinction as a result of the COVID…

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Movies every Businessperson should watch #15 The Crooked E
 225 225 LUTAKOME
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The weekend is here again and for those of you who take time to relax during weekends watching a movie is not a bad pastime This is the beginning of my 15 Movie series that I think every business person should watch. Number 15 : The Crooked E: The Unshredded Truth About Enron “Irrational exuberance”…

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4 Must have Insurance Policies for every Business for COVID 19 Lock down & Aftermath
 1024 640 LUTAKOME
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For many businesses, this year is about survival, and in the aftermath of the lock-down, an insurance check has to be done against the number of insurance policies in place to ensure that money is not spend on unnecessary expenses following occurrence of the following unforeseen incidents The list below is not at all exhaustive,…

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