Home and property insurance in Tanzania

What the law says

Section 134(1) of the Insurance Act makes cover compulsory for commercial buildings and public markets. If you let out a building for business use, check with your insurer whether it falls under the rule.

What to compare in a home policy

• Building vs contents: are both covered, and for how much? Insure the rebuilding cost, not the market price.
• Perils: fire, lightning, storm, flood, burglary (usually with forced entry only), accidental damage.
• Items away from home: phones and laptops are often excluded unless added.
• Excess and any security conditions (grilles, guards).
• The insurer is on the TIRA register, and claims are paid within 45 days of the discharge (Insurance Act s.131).

Sources

1. Insurance Act, Cap. 394 (R.E. 2023) — TIRA