Business Insurance

Group Accident Cover

Group personal accident insurance provides financial benefits to a group of people such as a family, employees, chamas, learning institutions, SMEs or any other group of people with common interest

For employers who take the cover on behalf of their employees, the claim is paid to the employer for onward transmission to the employee or their appointed beneficiaries.

Group Medical Insurance

Medical insurance policy, also referred to as health insurance, covers the medical expenses incurred by the insured or their dependents. It covers numerous illness and or bodily injuries. It can be taken by an individual or a group of people.

Professional Indemnity

This insurance policy covers liability to a third party arising from the performance of, or failure to perform services by a professional. Insurance is provided in accordance with the limits, conditions and activities defined in the policy.

WIBA

WIBA insurance policy responds to the requirements of the above Act. It covers employees whilst on duty against accidental bodily injury, disablement or death. Compensation is payable in accordance with the provisions of the WIBA Act 2007. The maximum benefit is set at 96 months’ salary. The insurance also covers funeral expenses, medical expenses and artificial appliances or prosthetics.

Employer's Liability Insurance (EL)

Employers’ liability insurance protects employers from their legal liability to an employee for injury arising out of, and in the course of employment. The policy protects the Employers against lawsuits brought against them by employees due to allegations of injuries or contracting diseases because of employer negligence.

The employee must prove negligence on the part of the employer e.g. if injury is a result of lack of a helmet – which the employer failed to provide. Employers Liability compliments WIBA and picks common law claims after WIBA has dealt with statutory claims

Professional Indemnity

This insurance policy covers liability to a third party arising from the performance of, or failure to perform services by a professional. Insurance is provided in accordance with the limits, conditions and activities defined in the policy.

Public Liability Insurance

Public liability insurance is the most common type of insurance taken out by small businesses. This insurance is essential for businesses that interact with the public such as customers receiving deliveries or clients visiting your office or work premises. Even home-based businesses should consider public liability insurance if their home office is also used as a client’s meeting place.

Product Liability Insurance

Product liability insurance covers the cost of compensating anyone injured by a faulty product or damage to property caused by a faulty product that a business designs, manufactures or supplies. This insurance mainly targets the food and beverage industry, cosmetics, pharmaceuticals and manufacturers etc.

Fidelity Guarantee Insurance

Fidelity Guarantee insurance covers an employer against loss of money, business equipment, securities or other goods belonging to the business resulting from an act of fraud or dishonesty by employees for improper personal financial gain in the course of their duties.