Tobacco is the single major foreign exchange earner and backbone of the economy, contributing up to 61 percent of total merchandise exports and employing a reasonable percentage of the country’s population. However, tobacco farming is inherently a risky business.
Tobacco farmers face a variety of natural, social and market related risks. Given the uncertainty of their income each year, tobacco farmers must constantly worry about their ability to repay debt, meet overhead costs, leaf damage and in many cases, even their ability to meet living costs of their families.
Mtetezi, as the name suggests, is a vibrant package policy that protects tobacco farmers against loss or damage to this tobacco leaf:
Other property covered
Key benefits of Mtetezi
How to buy the policy
How to make a claim
In the first instance, claims or any circumstance that may lead to potential claim should as soon as practically possible be notified to:
|NICO General Insurance Company,|
P. O. Box 2592, Blantyre, Malawi.
Or contact your authorised insurance broker.
You will be required to supply the following information: