Details of your car like make, registration number, year, type of cover required, and the value of the vehicle.

This covers liability arising from third parties in respect of property damage and or bodily injury.

• Loss of or damage to vehicle due to accidents, theft, fire, self ignition, and riots
• Liability to third parties for damage to their property or death/bodily injury

This is the amount which the Insured contributes on each and every claim.

• Police Report
• Three quotations
• Copy of driver license(both sides)
• Completed claim form

Mechanical faults are not covered by the policy. We recommend that the vehicle be kept in a roadworthy condition.

Damage to the vehicle springs and shock absorbers due to inequalities on the road are not covered by insurance.

It will cover against fire and allied perils such as lightning, explosion, earthquake, storm, tempest, flood, hail, non political riot, malicious damage, impact by aircraft, aerial devices or articles dropped therefrom or by road vehicles, trains, animals or falling trees, bursting or overflowing of water tanks and pipes, theft or any attempt thereat, accidental breakage or collapse of television or radio aerials etc  the policy extends to cover outbuildings, gate motors, borehole pumps, swimming pool pumps etc

The television set cannot be insured alone. This is covered under the householders policy including all the other contents of the house.

Capitol Insurance Brokers will facilitate for a free physical valuation of property to ascertain the correct market values.

An insurance broker acts in the best interests of the client and provides sound practical advice which is independent of any insurance company’s influence. An insurance broker is similar to an accountant or lawyer who provides impartial professional advice. As with everything in life the cheapest is not necessarily the best.  When arranging insurance it is easy to take short cuts and look for the cheapest, without considering policy wordings, insurance companies financial stability and their claims paying history. Often a wider policy wording does not cost much extra.

 professional insurance broker deals with many insurers and has access to different types of policy wordings. They act for their clients and help them to decide what risks to insure, what types of cover are best and how much it should cost. They can also consider if there are other ways that the risk can be transferred such as self insuring and other non traditional insurance products. In many cases the insurance broker is most valuable in the event of a claim.

A defined benefit pension plan is a type of pension plan in which an employer promises a specified monthly benefit on retirement that is predetermined by a formula based on the employee’s earnings history, tenure of service and age, rather than depending on investment returns. It is ‘defined’ in the sense that the formula for computing the employer’s contribution is known in advance.

 A defined contribution plan is a type of retirement plan in which employer and employee contribution amounts are specified. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts plus any investment earnings on the money in the account. In defined contribution plans, future benefits fluctuate on the basis of investment earnings.

A Self Administered Fund is a standalone Pension Fund mainly administered in-house or by a consultant/broker.

An Insured Fund is a fund administered by a Life Assurance Company.

Email capitol@capitol.co.zw