Corporate Insurance

Corporate

All Risk Insurance

Movable properties such as mobile phone, laptops, cameras, musical instruments, tablets and other mobile/movable items against all risks like fire and perils, burglary, accidental damage and theft.

GROUP PERSONAL ACCIDENT
SCOPE OF COVER: This policy compensates the insured or his legal in respect of death, permanent
disability and temporary disability caused by violent, accidental, eternal and visible means while on
duty or off duty (24 hour basis).
Benefits covered

Death
Permanent
Disability
Temporary disability – actual weekly salary for 104 weeks
Medical Expenses
Last Expenses Cost of Artificial limbs
Wheelchair
Hearing Aids
Local Evacuation expenses
Ambulance expenses
Rehabilitation expenses
Dental expenses
Optical expense

WIBA

Work Injury Benefit Act (WIBA) – ** Occupational only

Covers bodily injury or illness caused to any employee, arising out of and in the course of his employment by the insured in the business.

Benefit	Limits
Death	96 months earnings with a maximum benefit limit of Kshs. 5 Million
PTD	96 months earnings with a maximum benefit limit of Kshs. 5 Million
TTD	Weekly earning up to 52 weeks
Medical expenses	Limit – Kshs. 100,000/-
Funeral expenses	Limit – Kshs. 30,000/-

Limits of liability

Any one person – Kshs. 5 million

Any one event – Kshs. 25 million

Any one year – Kshs. 50 million

Work Injury Benefit Act PLUS (WIBA+GPA) – ** 24 hrs/ 365 days

Covers bodily injury or illness caused to any employee, arising out of and in the course of his employment by the insured in the business as well outside the course of duties.

Benefit	Limits
Death	96 months earnings with a maximum benefit limit of Kshs. 5 Million
PTD	96 months earnings with a maximum benefit limit of Kshs. 5 Million
TTD	Weekly earning up to 104 weeks
Medical expenses	Limit – Kshs. 100,000/-
Funeral expenses	Limit – Kshs. 30,000/-

Limits of liability

Single life limit – Kshs. 100 million

Accumulation limit – Kshs. 200 million

BUSINESS MAN COMBINED (SME SOLUTIONS)

Farelane insurance Brokers offers a one stop solution for the day today insurance needs for Small
Medium Enterprises (SME)
We have uniquely tailor made products for various SME’s in the construction, industrial, agricultural
and service sectors. They include: –

Fire and Perils.
Burglary.
Business Interruption (Loss of Profits).
Insurance Fidelity Guarantee.
All Risks.
Cash In Transit (Money)
Group Personal Accident.
Staff And Students
Terrorism And Sabotage
Insurance Employers Liability Policy.
Wiba Policy.
Public Liability.
Medical Insurance.

BENEFITS

The SMEs insurance package provides a one stop solution to the day to day insurance needs of the
enterprises. They are provided as a package but dependent on the specific needs any section can be
taken alongside the fire and peril section.

Professional Indemnity

PROFESSIONAL INDEMNITY

By virtue of their qualifications, persons in the professions outlined below carry a high degree of responsibility in law to their clients. If they fail to measure up to the standards required of them so that their clients suffer financial loss as a result, they may well find themselves liable to reimburse this loss. Professional who can be covered include:-

Auditors/Accountants/Tax Advisors/Actuaries
Advocates/Notaries
Civil and Constructural Engineers
Quantity Surveyors/Land Surveyors
Valuers/Property Consultants
Architects
Doctors

Directors & Officers Liability

Directors’ and officers’ liability sometimes covers defense costs arising from criminal and regulatory investigations into your company where no actual wrongful act has been alleged against a director.

Call us today to discuss your Directors & Officers liability needs.

Employers Liability

Provides indemnity to the employer against legal liability under common law for damages and claimants costs and expenses of litigation in respect to Bodily injury by accident or occupational diseases caused by Employees during the period of insurance and arising out of and in the course of common law or Statutory Duty by the Employer . In addition Indemnity in respect of all costs incurred by the Employer with the Company’s consent subject to terms, jurisdiction Clause, Exceptions, Conditions and Warranties of the Company’s Employers Liability.

Call us today to discuss your Employers Liability needs.

Marine Cargo & Hull

Marine insurances helps protect individuals and firms against financial loss incase of loss or damage of their goods caused by marine perils.

Bankers Blanket Bond

Protects banks and other financial institutions against the risks of Fraud, Forgery, Counterfeit, ATM, Bank Robbery, Loss of Cash in Safe, Counter or Transit, and many other perils.

Call us today to discuss your Bankers blanket needs.

Fire and Allied Perils

This is a fire insurance policy which covers a property against the risks of fire, lighting, explosion and flooding which can cause you huge sudden setbacks and losses. you are covered incase of such loss or damage to your property and investments.

LEARN MORE…

Political violence Sabotage & Terrorism

This policy covers loss or damage to property caused terrorism, sabotage or political violence.

Call us today to discuss your political, sabotage & terrorism cover.

Goods In Transit

The cover offers protection against loss, destruction, or damage to goods whilst they are in transit – from the time of leaving the insured premises to final delivery. The policy also covers liabilities arising when loading or offloading the goods.

Bonds

Bonds are important tools for risk mitigation. But it’s important to know that bonds and insurance are two different types of tools. Bonds are a form of credit in insurance and if claimed, the insured will need to pay back like any other form of credit. It’s usually required by either a government or company as a guarantee that an action will be completed as needed.

Aviation Insurance

Covers against claims and losses arising from the ownership, maintenance, or use of aircraft, hangars, or airports including damage to aircraft, personal injury, and property damage.

Call us today to discuss your Aviation insurance needs.

Electronic Equipment

Electronic Equipment

Provides cover against accidental loss or damage to specified items including theft that is not forceful. This covers items that are prone to accidental damage and items that are portable e.g. laptop computers, mobile phones and fixed phones. This cover provides additional cover to that provided under fire and burglary sections.

Money

Covers loss of money belonging to your business
Damage to the safe
Damage to Personal effects during a robbery or hold up whilst in charge of money

Theft/ Burglary

SCOPE OF COVER:
Loss or damage to the property insured caused by :
Theft following actual forcible and violent entry into or from premises. Damage to premises as a result of such entry or exit.

Hold up or attempt thereat
What is covered under burglary.
Furniture and office Equipment and machinery.
Stock in trade
BENEFITS
The policy covers loss or damage to the property insured caused by:
Theft following actual forcible and violent entry into or from premises.
Damage to premises as a result of such entry or exit.
Hold up or attempted threat

Consequential Loss

Covers the loss of profit resulting from interference and subsequent interruption, in the event of destruction of or damage to property by fire, lightning and explosion.