Kimisitu DT Sacco

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    Kimisitu Insurance Agency (KIA)

    Our primary objective is to procure insurance solutions for members at negotiated premium rates.

    Kimisitu Insurance Agency (KIA) is a subsidiary of Kimisitu DT Sacco

    Kimisitu Insurance Agency (KIA) is regulated by Insurance Regulatory Authority(IRA). With a strong reputation built on trust, reliability, and personalized services, KIA in partnership with reputable insurance firms, offers a wide range of insurance solutions tailored to meet clients’ unique needs.

    Fire material damage insurance provides indemnity for loss of and/or damage to buildings and contents resulting from one or a combination of the following causes: Fire, Lightning, Explosion, Social perils, Chemical perils, Natural perils, and Miscellaneous perils. This product is for Commercial properties such as Office premises, factories, and schools. It covers the building, gates, and fences all in the same premises.


    Premium rate is 0.125% of the value of the property and the minimum premium is Kes 2,500/=
    Earthquake Excess: 2% of sum insured, maximum Kes 5,000/= per location

    Household policies cover building and/or contents against a wide range of perils including fire, additional perils, and theft of household contents. Cover for valuables and personal effects are also covered whilst outside the residence, benefits cover for domestic servants, any legal liability to the insured as the Owner/Occupier of the premises.

    Section A: Building, rate is 0.125% of the value of the building

    Section C: All Risk, rate is 1.5%

    Section D: Domestic servants, first two servants free cover, additional @ 500/=

    Section E&F: Owners/Occupiers Liability, free cover up to Kes. 2M, additional limit @10% of value

    It is a statutory requirement obliging every employer to take out insurance for the employees for death, disablement, medical & funeral expenses from accidents sustained whilst at work. Rating is based on occupation of the employee i.e., Office staff, light manual, heavy manual etc.

    An insurance policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices. The employee must prove negligence/failure to provide a safe working environment by the employer.

    Limit of liabilities:
    2 million any one person

    10 million any one event

    20 million any one year

    This type of insurance will cover the cost of claims if a member of the public is injured by you, your employees, or accidentally whilst visiting your business premises. Also cover you if you damage property belonging to someone else, while carrying out business.

    Premium rate is at 0.1% on the liability limit.

    Minimum premium is Kes 2,500/=

    Covers any loss or damage caused by accidental means, theft, fire, malicious damage to your vehicle and Third-Party Liabilities (death, injuries, and property damage).

    • Vehicle insured; Minimum Value insured Kes: 500,000/=
    • Age 15 years

    Premium rate is @3.5% inclusive of (Excess and Political Violence and Terrorism) on the value of the vehicle.

    Passenger legal liability
    • Any one person – KSH. 3 million
    • Any one event – KSH. 20 million
    • Radio cassette – KSH. 50,000
    • Windscreen & window glass – KSH. 50, 000
    • Towing charges – Kshs.30, 000
    • Geographical limit – Kenya
    Limits of cover
    • Third party personal injury – unlimited
    • Third party property damage – KSH. 5 million

    The loss of a loved one is a difficult and emotional time for family members. The high costs of arranging a funeral can add financial stress, which is why the Shoulder of Solace provides you and your family with peace of mind knowing that you and your loved ones will receive a respectable farewell in case of unexpected demise.

    This product covers the cost of private treatment for illnesses and other medical conditions. It covers doctors, surgeons and anesthetic fees, food, accommodation, bed charges, drugs and dressings, diagnostic procedures such as x-rays, cost of theatre and nursing services among other costs. Such costs are covered up to specified limits.

    The cover is available for individual and corporates. We offer Medical Insurance cover/services in the following, but not limited to the below

     

     Inpatient: Premium Per Family

     Option Limit M M+1 M+2 M+3 M+4 M+5 M+6 M+7
     A 500,000 12,900 21,930 25,800 29,670 33,540 37,410 41,280 45,150
     B 300,000 7,700 13,090 15,400 17,710 20,020 22,330 24,640 26,950
     C 200,000 5,600 9,520 11,200 12,880 14,560 16,240 17,920 19,600

    Outpatient: Premium Per Family

     Option Limit M M+1 M+2 M+3 M+4 M+5 M+6 M+7
     A 60,000 13,200 22,440 26,400 30,360 34,320 38,280 42,200 46,200
     B 50,000 10,900 18,530 21,800 25,070 28,340 31,610 34,880 38,150
     C 40,000 9,950 16,915 19,900 22,885 25,870 28,855 31,840 34,825

    This insurance provides cover for accidental death or bodily injuries, including medical expenses. It provides 24- hour protection and worldwide cover. The geographical limit is within the Republic of Kenya. The maximum amount of any claim is usually limited to the capital sum or annuity benefit provided. It is not cumulative, which means that death following permanent total disablement caused by an accident would result in only a single payment of one capital benefit

    Our pension program is structured to suit your needs and give you an opportunity to maximize on our investment vehicles that provides a yield beyond the market rate. Programs are available for individuals and corporate.

    Disclaimer on error and omission

    • The following provisions of this section set out our entire liability (including any liability for the acts or omission of our employees, agents, and sub-contractors) to you in respect of all losses, claims or liability arising under or in connection with this Agreement (including in respect of any indemnities), whether in contract, tort (including negligence), breach of statutory duty, or otherwise.
    • All warranties, conditions and other terms implied by law are, to the fullest extent permitted by law, excluded from this Agreement.
    • Nothing in this Agreement excludes or limit our liability for death or personal injury caused by our negligence or for fraudulent misrepresentation.
    • Nothing in this Agreement excludes or restricts our duty or liability to you under the applicable regulatory system.
    • Subject to clauses ii), iii), and iv) above, our total liability to you, shall in aggregate be limited to KSH 100,000; and we shall not be liable to you for loss of or corruption of data, loss of profit, loss of anticipated savings, loss of business, loss of opportunity, depletion of good will, additional operational and administrative costs and expenses, loss of employees or family members/dependents covered in any life policy, the cost of procuring replacement goods or services, or any indirect or consequential loss or damage.

    Kimisitu Insurance Agency is a subsidiary of Kimisitu Sacco ltd and is regulated by Insurance Regulatory Authority (IRA).

    KIA’s objective is to procure insurance business for our members at negotiated rates of premiums and to earn commission for members from the business solicited which will form part of Sacco income to the members. We are contracted by different insurers that are offering the best insurance products at negotiated rates and excellent service level agreement (SLAs).

    Kimisitu Insurance Agency is seeking to recruit a dynamic, self-driven, and result-oriented individual to join our team in our fast paced, modern work environment, to fill the below position:

     

    We don’t have opening as of now, please check later