A simplified combined solution tailored for an ordinary trader-: Dukawalas, Chemists, Hardwares, etc
A Combined Solution covering-: Fire, Burglary, All Risks, Money, G.I.T(Goods in transit), FG, WIBA/EL(Employers Liability, & P/L(Public Liability)
Political Violence& Terrorism covered up to a limit
Relaxed Warranties & Conditions
What is the Coverage?
1. Fire &Perils (compulsory section)
Covers ALL occupations other than the EXCLUDED
Political Risk Cover extended up to a limit of Kes.2M
Accidental Damage Cover extended up to a limit of Kes.1M
Personal Effects extensions up to kes.20,000
Max Limits (as per schedule)
Accidental Damage Excess of Kes.5,000
2. Theft (Burglary) (optional)
Hold-up cover inclusive
Political Risks extension up to Kes.2M
Personal Effects cover of Kes.20,000
Pre-calculated FLSI options Excess Kes.5,000
3. All Risks (optional)
Specified Business portable electronic items – Geographical area-Worldwide
‘New for Old’-Items up to 12 Months
Political Risks extension up to Kes.0.5M
Max Limit of cover Kes.1M
Excess 10% minimum Kes.5,000/-
4. Money Section (optional)
Covers: Limit any one Claim/Year
Covers money in ‘Premises’, ‘Transit’, with ‘staff/directors’.
Max Limit of cover Kes.500,000
Cover on ‘reducing’ basis – reinstatement
No EAC thus No Declaration Condition
No Transit or Escort Warranty
Personal Effects cover up to Kes.20,000
Forced ATM withdrawal up to Kes.20,000
Airtime/scratch card limit Kes.20,000
Political Risks extension up to Kes.0.5M
Territorial limit: Kenya
Automatic Reinstatement (prem. from claim)
Excess 10% eel minimum Kes.10,000
5. Property in Transit (optional)
Cover: Limit any one claim/year
No EAC thus no Declaration Condition
Cover on ‘Reinstatement Basis’
Coverage: Road Risk Cover ‘Collision, Overturning, Fire, Burglary, Hijack, Goods belonging to Insured but carried by own or hired vehicles
Territorial Limit : Kenya (road, rail, sea, air)
Max Limit of over Kes.5,000,000
Political Risks extension up to Kes.0.5M
Personal Effects Cover (own crew) -20,000
Automatic Reinstatement (premium from claim)
Excess 10% eel min. kes. 10,000/-
6.Work Injury Combined (optional)
Combines both WIBA & EL covers
Limit of Liability: 4M/25M/50M
Insures ‘All Employees incl. working Directors’
No need to categorize occupations
Only Annual wage-roll required Excess Kes.5,000
Incorporates Political Risks &Terrorism Extension
7. Public Liability (optional
Overview of Application Process
Simplified proposal-form
Rationalized Warranties & Conditions
Simplified Rating
No Quotation Required
Min Sections: Fire plus 2 others
Minimum Policy Premium Kes.7,500
Should be of first class construction (stone & metal etc.)
For More Infor.
Gallin Wekesa-Financial Advisor @Britam
0712 870447
gwwekesa@britam.com