Tanzania · East Africa
NIC Life
Profile highlights
5 badgesGroup spans 1 directory continent
Government of Tanzania: 1 markets across 1 directory continents (Asia-Pacific is one directory region). Group membership does not establish this entity’s policy availability.
Part of a group
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
Life
Based on this profile’s recorded business data. Not an endorsement or a financial-strength rating.
State-owned / parastatal
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
Listed in Africa
Based on this profile’s recorded location data. Not an endorsement or a financial-strength rating.
Official sources
This directory holds no official website for NIC Life: the TIRA register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.
Business profile
Understanding NIC Life
Sources checked
NIC life product range
NIC’s life catalogue includes BeamLife, Flex Life Provider, SuperLife, Super Education and individual endowment insurance. Group offerings include credit life, group life and group endowment. These appear within the corporation’s shared product catalogue, which also carries its non-life products.
The source supports NIC's life business and products, but does not establish NIC Life as a separately incorporated insurer. The directory entry is retained without asserting a separate legal entity.
About life business
Life assurance can provide a benefit on death or other insured events. Some contracts also include savings or retirement benefits. A life classification alone does not establish which of these products this insurer offers.
General guidance for the directory category. Specific products and terms must be confirmed with NIC Life.
Explore the Tanzania insurance market or other entries in this category.
Questions to ask about cover
- Which insured events trigger payment and who receives the benefit?
- Are premiums and benefits fixed, reviewable or linked to investments?
- What happens if I miss a premium or end the policy early?
For an existing policy, use the insurer and service contact named on your policy schedule. Have your policy reference and a short description of the enquiry ready.
- Class of business
- LifeLong-term life assurance, annuities, pensions and savings products.
- Parent / group
- Government of Tanzania
- Ownership
- State-owned / parastatalOwned wholly or partly by a national government or parastatal.Ownership is what the TIRA register or workbook records. It does not by itself mean the government guarantees this insurer’s policyholder liabilities.
- Regulator
- Tanzania Insurance Regulatory Authority (TIRA)tira.go.tz
- Local currency
- TZS
- Source basis
- Regulator / industry register
- Country verification
- Verified - full register · TIRA register via TanzaniaInvest Jan 2025
- Identifiers
- slug tanzania-nic-life · row 528/api/v1/insurers/tanzania-nic-life.json