.png)
Insurance Products
Read the content below to to get more information on our respective insurance products
This insurance protects you against accidental loss to your motor vehicle, as well as standard accessories and spare parts while on the road.
The cover comes in three packages:
- Comprehensive Insurance - This is an auto insurance that provides protection to you, your car and third parties against all possible risks. It covers a wide array of events that can damage your car, including vandalism, fires, and rockslides on twisting mountain roads.
- Third Party Only - This is an auto insurance that provides protection to you, your car and third parties against all possible risks. It covers a wide array of events that can damage your car, including vandalism, fires, and rockslides on twisting mountain roads.
- Motor Private - This cover is for private vehicles for personal use, including use for your own business. This policy indemnifies the insured against loss or damage to insured motor vehicle arising from accidental collisions, burglary, fire, external explosions etc
- Motor cycle private - This cover is for private motor cycles for personal use, including use for your own business. This policy indemnifies the insured against loss or damage to insured motor vehicle arising from accidental collisions, burglary, fire, external explosions etc
- Commercial own goods - This type of insurance provides comprehensive commercial auto insurance to compensate your vehicles against accidental loss or damage whilst being used to transport own goods.
- Commercial general cartage - This category is for commercial vehicles used by the insured for hire/reward business such as Lorries, trucks, pickups, trailers and motor trade. This policy indemnifies the insured against loss or damage to insured motor vehicle arising from accidental collisions, burglary, fire, external explosions etc
- Boda boda & Tuk tuk - This package takes care of accidental loss or damage of insured motor vehicles and/or death, bodily injury or loss or damage of property of third parties arising out of use of motor vehicles owned and/or operated by the insured. The motor vehicle should be chauffeur-driven, i.e. carrying fare paying single passenger of a small group of passengers for a non-shared ride.
- Self drive (psv) - The Self-Drive Loan covers against the accidental loss or damage of insured motor vehicles and/or death, bodily injury or loss or damage of property of third parties arising out of use of motor vehicles owned and/or operated by the insured. The motor vehicle of the insured should be used for Car hire/self-drive - hire and reward.
- Chauffer driven - This package takes care of accidental loss or damage of insured motor vehicles and/or death, bodily injury or loss or damage of property of third parties arising out of use of motor vehicles owned and/or operated by the insured. The motor vehicle should be chauffeur-driven, i.e. carrying fare paying single passenger of a small group of passengers for a non-shared ride.
- Tour vehicles - The Tour vehicle - chauffeur driven insurance provides protection against damage of property and damage of property of third parties arising from the use of motor vehicles owned and/ or operated by the insured. This policy covers chauffeur driven tour vehicles.
- Institutional vehicles - This are vehicles that belongs to companies, churches, schools etc, and they need to have the correct insurance policy will allow you to compensate individuals, businesses and companies against accidental loss or damage to their motor vehicles used in connection with their own business, or when hired out.
- Matatu/Buses (psv) - This package takes care of accidental loss or damage of insured motor vehicles and/or death, bodily injury or loss or damage of property of third parties arising out of use of motor vehicles owned and/or operated by the insured. The motor vehicle should be chauffeur-driven, i.e. carrying fare paying single passenger of a small group of passengers for a non-shared ride.
- Taxi (psv) - This package takes care of accidental loss or damage of insured motor vehicles and/or death, bodily injury or loss or damage of property of third parties arising out of use of motor vehicles owned and/or operated by the insured. The motor vehicle should be chauffeur-driven, i.e. carrying fare paying single passenger of a small group of passengers for a non-shared ride.
- Fire and Special perils - this cover responds to loss or damage to property caused by fire, lightening and explosion, property cover includes: - Buildings, Furniture, fixtures and fittings, plant and machinery etc
- Business Interruption - The policy responds to consequences arising from fire and allied perils losses. Examples of such consequences are loss of profit, loss of rent, loss of wages and increased cost of working
- All Risk Insurance - it provides cover against accidental physical loss or damage to specified items as a result of any cause which is not specifically excluded from the policy. This includes theft, fire, riot and strike, accidental damage and any other cause not excluded under the policy.
- Money Insurance - This policy provides loss of money by theft whilst:
- In transits from premises to the bank and vice versa
- In premises during business hours and outside business hours
- In the hands of senior employees/authorized personnel of the company
- Damages to safes and/or strong rooms
- Machinery Breakdown - - It provides cover to sudden and unforeseen damage to machinery whilst working, at rest or dismantling/erection for inspection or repair.
- Political violence & terrorism - This policy covers Acts of Terrorism, Sabotage, Riots, Strikes & Civil commotion, civil war, Malicious Damage, Revolution or rebellion.
- Employer Liability - This policy covers Acts of Terrorism, Sabotage, Riots, Strikes & Civil commotion, civil war, Malicious Damage, Revolution or rebellion.
- Public Liability - This cover provides protection against claims arising from general public liability for third party injury and property including legal cost.
GROUP PERSONAL (GPA) & WORK INJURY BENEFIT ACT (WIBA)
WIBA steps in to lift the employer’s financial obligation under the work injury Benefit Act to compensate workers injured out of and in the course of employment while Group personal Accident provides cover to employees against accidental loss of life or disability arising out of accidents whilst on duty or pleasure on a 24 hour basis
- Livestock Insurance - This cover will provide protection against loss arising from the death of specified livestock due to unavoidable or uncontrollable circumstances. This policy covers dairy & beef cattle, poultry, piggery, goats, sheep, horses and any other livestock of economic value. The coverage is based on a veterinary valuation report
- Crop Insurance - This cover protects the farmer against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities.
Education Policy - Education plan provides insurance for the life of the child for a specific period of time. The policy guarantee the payment of partial maturity benefits upon the death of the insurance holder or the remainder of sum assured plus bonus upon the death of the child or at the maturity of the insurance.
- Term Life Insurance - This policy guarantees a payment of a stated death benefit if the covered person dies during a specified term.
- Whole life Insurance - provides permanent death benefit coverage for the life of the insured. In addition to paying a death benefit, whole life insurance.
- Personal Accident Insurance cover - It provides Compensation for death, permanent disability and temporary loss of income due to disability from an accident.
- Last Expense - Protect the financial security of you and loved ones. As we move along with our day-to day activities, we encounter the possibility of death which is unplanned for or unpreventable. The funeral expense package act as a cushion to protect the financial security of you and loved ones in case of this misfortune.
-
Group credit life Insurance -This policy indemnifies the policy holder against.
- Death due to any cause - death occurring during the period of insurance due to illness, sickness, disease, natural...
- Permanent Total Disabilities - being totally and permanently disabled under a “Suitable Occupation” definition of...
Chunga Mchungaji medical cover
This is an affordable medical insurance cover (inpatient only) targeting individual SMEP customers, allowing them to get cover for themselves and their families.
Chunga Mchungaji Plus
This is an affordable medical insurance cover targeting individuals in a group, allowing them to get cover (both inpatient and outpatient) for themselves and their families. To qualify for this policy, you MUST be a registered member of group/sacco/institutions of not less than 10 people.
Discover
More Products
Logbook Loans
Asset Finance
