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The insurance industry and the government of Kenya have engaged in concerted effort to make coverage affordable to many farmers through micro-insurance initiatives that provide viable and affordable insurance products to farmers. Again, the lack of insurance cover is implied to be largely based on the perception that insurance is a complex area shrouded with legal jargon and too much ‘small print. For most car owners in Kenya, the “Third party cover’’ is usually the most mandatory type of coverage. However, this coverage is only limited to damage and physical injuries on third parties as a result of an accident. For those who use their vehicles often, stay in a flood zone or park their cars where demonstrations are likely to happen, know that apart from accidents, there are many other ways in which their cars can be damaged. Aon Motor Comprehensive Insurance Cover Motor vehicle insurance is as old as the invention of the motor vehicle itself. After few days of inception, it was soon realized that man wasn’t in full control of the machine. It had the potential to cause harm to which adversely might result in death. That is why it was christened a lethal machine. That is when the thought of countering its lethality was born. Motor vehicle insurance was then born as a result. This is where Aon Motor Comprehensive insurance comes in handy. Aon Motor comprehensive covers the asset against damage as a result of other incidents other than an accident, like fire, theft, vandalism, animal damage, floods and falling objects. Although this type of cover is not required by the Kenyan law, it may be a good idea especially if you consider the value of the car you drive. In fact most drivers of financed or leased cars are required to acquire this type of insurance cover so as to protect the car lender or owner’s investment.
Aon domestic package insurance cover We all value the sanctity of our homes. It is one place we feel most safe and it is also the last place we envision suffering of any kind of loss or damage. What if a raging storm destroyed not only your perimeter wall but also the contents of your house or worse still a fire guts down all your worldly possessions. This is where the domestic package policy comes in handy. The domestic package policy is tailor-made to ensure that you are not rendered destitute in these circumstances. The household insurance policy covers loss or damage as a result of theft, burglary, fire and related perils to residential buildings, whether owned or rented. It incorporates the insured personal liability and that of their house hold members. The policy also covers the cost and expenses that the insured incurs in the event of death of or injury or disease to their domestic servant arising out of and in the course of their employment as defined in the Work Injury Benefits Act. Aon crop insurance cover Crop and livestock farming in Kenya are exposed to many challenges which make it difficult for a farmer to realize their expected harvest. Some of the challenges the farmers go through are the need to plant the right seeds at the right time and place and using the correct type of fertilizer. However, others such as changes in weather patterns, excessive rainfall and drought, earthquakes, diseases, damage by wild animals, malicious damage, pests, death of animals etc. are beyond the control of farmers. In many instances, farmers do require credit from financial institutions so as to be able to buy farm input such as seeds, fertilizers, chemicals and farm implements among others. Farmers also need to buy chemicals, drugs, construction materials and the like. Financial institutions however, are not willing to avail credit to farmers unless they are assured that the farmer will be able to pay back the money even in the event of poor returns. Availability of insurance protection enhances loan repayment as the farmer is assured of repaying the credit using the amount paid in by the insurance company. Arrangements could also be made for the claim proceeds to be paid directly to the financial institution that extended credit to clear the outstanding amounts Did you know that In the event of the buildings being rendered uninhabitable by any of the perils specified above the Insurer will indemnify the Insured against: (if the building is yours) a. Reasonable additional expense for alternative accommodation b. Loss of rent payable to the Insured actually incurred during the period necessary for reinstatement of the Buildings
Page 1: AON RISK WWW.AON.COM/KENYA | QUARTE
Page 4 and 5: Contents Insurance at a glance The
Page 7: Environmental issues are becoming i
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Page 20 and 21: Taking precautions against loss of
Page 22 and 23: Disaster Mitigation Strategies Arti
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Page 31: Jokes & Quotes By Sydney Obonyo The
Page 34 and 35: Lydia Macharia Director- Employee B
Page 37 and 38: Management Liability Insurance Poli
Page 39: Statutory liability Covers certain
Page 43 and 44: Example of a claim A graphic design

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