Being a continuation of different activities which insurance players in Tanzania are doing in their Insurance Week in Tanzania the players will be donating blood to Tanzania blood bank for two days starting Tuesday 15th November to Wednesday 16th November at Mnazi Mmoja grounds. The players are inviting all Tanzanians to support them in this charitable event. The donation goes along with the exhibition whereby 26 insurance companies will be educating the mass on the need to buy insurance.
Insurance is there to preserve lives. The insurance stakeholders felt it is important to donate blood since so many lives have been claimed just because of insufficient blood reserves in hospitals where accident victims have been taken. In 2015/2016 itself Tanzania has lost so many people from road accidents. Those who die from accidents reduce the market of insurance in Tanzania because they are the people who could buy motor insurances, health insurances, home insurances, pension plans etc. “We know that blood reserves are not the only rescue when it comes to accidents but we are donating blood to rescue lives of those who could die because of blood shortages”…quoted Margaret Ikongo who is the chairlady of the week’s organization committee.
Some of the life claim payouts and extended hospitalizations are also because of shortages of blood in hospitals. The stakeholders believe that some market claims expenses in health and life can be reduced with the availability of blood in our blood banks.
More than 100 blood donors are expected to support the donation from insurance companies, insurance brokers, insurance agents, loss adjusters, Tanzania Insurance regulatory Authority, students from IFM and the insurance industry customers.