Business insurance in Zimbabwe — NSSA, private

Short answerChecked 31 October 2026

Almost every employer in Zimbabwe must contribute to NSSA's Accident Prevention and Workers Compensation Scheme (SI 68 of 1990), which is funded by employers only, and deduct and pay NSSA pension contributions of 4.5% from the employee and 4.5% from the employer on insurable earnings capped at US$700 a month. Public service vehicles must also carry no-fault passenger accident cover. Property, liability and other business risks are covered by private policies from the 20 short-term insurers on IPEC's list.

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Answers come from the law, the regulator and the insurers' own documents, with the source under each answer. General information, not advice.

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On this page · 5 sections

What NSSA requires
Transport businesses
Private business policies
FAQ
Sources

What NSSA requires

Scheme	Who pays	Rule
Accident Prevention and Workers Compensation (APWCS), SI 68 of 1990	Employer only	All employers except the Government, employers of domestic workers and informal-sector employers; premium set with a risk factor by industry; insurance year 1 January–31 December
Pension and Other Benefits (POBS), SI 393 of 1993	Employee 4.5% + employer 4.5%	Workers aged 16 to 65; paid to NSSA before the 1st of each month; insurable earnings capped at US$700 from 1 June 2024

From NSSA schemes and the schedule of insurable earnings. Details: NSSA workers' compensation · NSSA contribution calculator.

Transport businesses

Every vehicle needs statutory third-party cover (Road Traffic Act, s 22). The Insurance Council of Zimbabwe adds that public service vehicles "are required to take out insurance to provide no-fault personal accident cover for passengers", issued by member insurers for the Special Risk Insurance Consortium (ICZ). Security companies, brokers and assessors buy professional indemnity through the same consortium.

Private business policies

Property, liability and other business covers are sold by the short-term insurers on IPEC's list, directly or through the registered brokers on the same list. Check them first: check an insurer, agent or broker.

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Next step

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Frequently asked questions

Do employees contribute to NSSA workers' compensation?

No. NSSA says the Accident Prevention and Workers Compensation Scheme is employer-funded; employees do not contribute.

What is the NSSA contribution rate?

For the Pension and Other Benefits Scheme, 4.5% of insurable earnings from the employee and 4.5% from the employer, 9% in total, on earnings capped at US$700 a month since 1 June 2024.

Must a kombi carry passenger insurance?

The Insurance Council of Zimbabwe says public service vehicles are required to take out no-fault personal accident cover for passengers, on top of third-party cover.