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Anonymous
Jun 6

Akili Mingi owns a house at Uswaziin Katavivalued at TSh. 20 million. He insured it against fire with Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd for TSh. 15 million and TSh. 10 million ?

Akili Mingi owns a house at Uswaziin Katavivalued at TSh. 20 million. He insured it against fire with Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd for TSh. 15 million and TSh. 10 million respectively. He also insured his household goods against burglary with Lipa Insurance Co. Ltd. for TSh. 5 million. One month before the expire of premium Linda Mali Insurance Co. Ltd wants to remaind Akili Mingi to repay his insurance against his house. Advise accordingly Linda Mali Insurance Co. Ltd on which type of negotiable instrument may use to remind Akili Mingi?

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