Harare

Fidelity Life offices in Harare along Julius Nyerere Way Chatsva

By Staff Reporter
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788
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April 12, 2026

Ndaona nyaya yekuFidelity yawaposter inini ndatambura nayo. Ndaiisa mari ikoko since 2019 so that I would harvest it kana mwana aakuenda kuSecondary for Form 1. I was contributing around $30 per month. I went there last year and filled maForms ekuti vachimira kubata mari then voDepositer yacho yandaiContributer yandanga ndakuda kuharvesta into my account. If I tell you kuti kubva last year up to now maStories after stories. Mari muAccount havasi kuisa ndatoneta nekuendako. MaEmails ndaneta kunyora ndichiita follow up havapindure. Kufona chaiko vanondiisa paHold for 10 minutes ndotozocutter ndaona kuti hapana. Fidelity handina mate nayo ndaneta nekuita follow up.I just did a quick research. So it's a subsidiary of ZimRe Holdings Limited which has a majority stake (over 55%) .

Then, ownership of ZimRe includes Day River with 33%, then there is gvt and NSSA.

Kana uchigona 1+1 yacho ibva wangoona kuti ma1 ega ega, but with this information at hand, you will still see people investing in these Life assurance companies.1000 ways to die is to join a life insurance .kutotenga magaba ekumapositori aye betterPlease post for me. I lost my father in November 2025. He had a Life Assurance Policy with Fidelity Life for more than 10 years. During that time, USD $12 was deducted from his salary every month, as he was a government teacher.

After his burial, we went to the Fidelity Life offices in Harare (along Julius Nyerere Way) to make a claim. We were told the money would be deposited into my mother’s account in February 2026. February came, but nothing was deposited. I went back to their offices, and they told me to come back the following Friday. We waited, but still nothing.

After two more weeks, I returned again. This time, they told me that only USD $38 and 2000 ZiG would be deposited into my mother’s account the next week.

After more than 10 years of deductions from my father’s salary, this is all my mother is expected to receive, and even that has not yet been paid.

Fidelity Life is a scam. Others should be careful.

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Home Equity Loan vs HELOC: Which One Is Better?

Homeowners who have built equity may be able to borrow against their home. Two common options are a home equity loan and a home equity line of credit, also called a HELOC.

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A home equity loan gives you a lump sum of money with a fixed interest rate and fixed monthly payments. This can be useful for one-time expenses such as home renovations, medical bills, debt consolidation, or major repairs.

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A HELOC works more like a credit card. You get access to a credit line and can borrow as needed during the draw period. HELOCs often have variable interest rates, which means your payment can change over time.

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The best choice depends on your needs. If you know exactly how much money you need and want predictable payments, a home equity loan may be better. If you want flexibility and do not need all the money at once, a HELOC may be a better fit.

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Both options use your home as collateral. This means if you cannot repay the loan, your home could be at risk. That is why you should borrow carefully.

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Home equity financing may be used for home improvements, which can increase property value. However, using home equity for vacations, luxury purchases, or short-term spending can be risky.

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Before applying, compare interest rates, fees, repayment terms, minimum payments, and closing costs. Also ask whether the rate is fixed or variable.

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Your credit score, income, debt, home value, and available equity will affect approval.

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A home equity loan and HELOC can both be powerful financial tools, but they should be used responsibly. The right choice depends on whether you need stability, flexibility, or a combination of both.