Finding a trustworthy financial protection provider in Zambia is a critical step in safeguarding your health, family, and assets. With a growing market and numerous options, it can be difficult to know where to start. This comprehensive guide provides a clear, updated list of Zambia’s leading carriers to help you compare your options and make a confident choice.
The providers below are organized into clear categories, from general and life specialists to health plan providers, banks, and essential government bodies.
- All Insurers
- General & life providers
- Health Insurance Providers
- Insurance Brokers & Risk Advisors
- Other Financial Institutions (Banks)
- Government Schemes & Entities
- Retirement Savings
Zambia State Insurance Corporation (ZSIC) General
Leading state-owned provider of general coverage, including motor, property, and business risk solutions.
General & life providers, Government Schemes & Entities
Sanlam
Provides life policies, retirement annuities, funeral plans, and general protection solutions.
General & life providers, Health Insurance Providers
Professional Insurance Corporation Zambia (PICZ)
Offers a comprehensive range of general products with a focus on corporate clients.
General & life providers
Prudential Life
Specializes in innovative life, health, and investment-linked products for individuals and groups.
General & life providers
Zambia State Insurance Corporation (ZSIC) life
The life assurance arm of the state-owned firm, offering pensions, group life, and annuities.
General & life providers, Government Schemes & Entities
Zambia National Commercial Bank (Zanaco)
Offers various financial products like life assurance and asset protection through its banking network.
Other Financial Institutions (Banks)
Hollard
Offers a range of specialty insurance products, often in partnership with other well-known brands
General & life providers
NICO
Delivers a broad selection of general policies for personal, commercial, and corporate clients.
General & life providers
Madison General Insurance
A leading private firm offering a diverse portfolio of general products and services.
General & life providers, Health Insurance Providers
Stanbic Bank
Provides a range of insurance products, including funeral cover and credit life assurance.
Other Financial Institutions (Banks)
Absa Bank Zambia
Delivers credit life, funeral, and other personal policies to its banking customers.
Other Financial Institutions (Banks)
PHOENIX Assurance Group
Offers a range of short-term covers for commercial, liability, and personal needs.
General & life providers
National Pension Scheme Authority (NAPSA)
Manages the national pension fund, providing mandatory social security retirement coverage to all workers.
Government Schemes & Entities, Retirement Savings
Liberty Health
A specialist in providing comprehensive and flexible corporate and individual health insurance solutions.
Health Insurance Providers
MAYFAIR
Delivers a variety of general policies for both individual and corporate business needs.
General & life providers
Marsh
A global leader in insurance broking and risk management, serving businesses of all sizes.
Insurance Brokers & Risk Advisors
Zambia Reinsurance PLC
A key player in the Zambian market offering reinsurance services to support primary carriers.
Pacific Prime
An international insurance broker offering tailored health and medical plans from various global insurers.
Insurance Brokers & Risk AdvisorsHow to Choose the Right Insurance Company in Zambia
Selecting the best insurer requires more than just picking a name from a list. To ensure you get the right protection, follow these simple steps:
- Consult: Consult: The official regulatory body for Zambia’s pensions and insurance industry, ensuring market stability. (PIA).
- Read the Fine Print: Before you commit, carefully read the policy documents. Understand your responsibilities, the claims process, and any deductibles you will need to pay.
- Assess Your Needs: Clearly define what you need to insure. Is it your car, your health, your life, or your business assets? Your needs will determine the type of policy you require.
- Compare Different Providers: Request quotes from at least three different companies. Compare not only the price but also the coverage limits, benefits, and exclusions.
- Check Financial Stability: Choose an insurer that is financially sound and has a good reputation for paying claims promptly. The PIA website is a good resource for licensed entities.
Explore further: To discover more insurance providers across the continent, visit: