Life insurance in Senegal
Status: Optional
Life insurance covers optional savings and protection products (lump sum or annuity on death or at maturity), distributed by licensed life insurers and governed by the CIMA insurance code.
Legal requirement
Life insurance is not mandatory; it is governed by the CIMA insurance code and taken out voluntarily.
Frequently asked questions
- Is life insurance mandatory in Senegal?
- No. It is an optional savings and protection product, governed by the CIMA insurance code.
Licensed companies (vie) in Senegal
Licensed companies operating in this line. Exact product range to be confirmed with each company.
- ASKIA Assurances
- Assurance Sécurité Sénégalaise (ASS)
- SONAM SA
- La Prévoyance Assurances (PA)
- Assurances La Providence du Sénégal
- WAFA Assurance Sénégal
- Salama Assurances Sénégal
- Sen Assurance Vie
- Finafrica Assurances
Sources
Data verified on .