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SCOPE OF COVER: Any loss or damage by accidental means, theft, fire, malicious damage to the vehicle and Third Party Liabilities (death, injuries and property damage).
VEHICLES INSURED: Sum Insured Ksh 500,000 and above
MAXIMUM AGE: 15 Years
VALUATION: Free by our panel of valuers. To be done within 30 days from inception and at renewal
VEHICLE USE: Hire and Reward and the carriage of goods in connection with the insured's business.
DRIVERS: The Insured or any person authorized by the Insured and holding a valid Driving License
PREMIUM RATE: 4.5% inclusive of excess protector
Political Violence/Terrorism : 0.35% of vehicle value Min Ksh 3,500
Minimum Basic Premium : Ksh 30,000/- per vehicle
TYPE OF COVER PERIOD: MOTOR CYCLE
PERIOD: Annual Per declared risk
COVER: Any Loss or damage by accidental means, theft, fire, malicious damage to motor cycle and third party liability (death injuries and property damage.
USE: Private/Commercial – (Non-fare carrying passengers)
Geographical Area Excess: Kenya
DRIVERS: The Insured or any person authorized by the insured and holding a valid Driving License
Applicable premium Rates
Basic Premium rate 3% of Sum Insured – Minimum Ksh 3,500/- (Excluding levies)