The Co-operative Bank of Kenya has You Covered

There is nothing as bad as taking risks unnecessarily when one has the option of protecting themselves from whatever matter may be at hand. Many a-time we downplay the things that end up inconveniencing us at the most inappropriate time.

A number of insurance covers are presented to us almost everywhere we go, which are meant to cover us from losses and damages. These covers ensure that you live a comfortable life knowing that in case of anything, you will not have to strain yourself since everything will be catered for by your cover.

The Co-operative Bank of Kenya (Co-op Bank) has taken that responsibility of being there for you whenever you are in need. Apart from offering people with financial assistance, the bank offers a variety of insurance covers in a diversity of areas that include the following medical covers, Agricultural cover, Motor Vehicle Insurance among others.

Here is a list of the different covers that the bank offers in collaboration with CIC Insurance:

Motor Insurance

This offers your vehicle protection against accidents, theft or fire. It also covers third party liabilities.

Fire and Perils Insurance

Should you be a land or property owner, this policy offers protection over your office equipment and stocks against fire, theft, social unrest and the forces of nature. The cover can be extended to cover political violence and terrorism. The premium rate is as low as 0.125 percent.

Burglary Insurance

Should you own a shop or store, this cover stocks used in trade and office equipment such as furniture fixtures and fittings against theft. The premium is as low as 0.5 percent.

Domestic Insurance

Whether you are a homeowner or pay rent, this package offers protection against loss or damage to personal belongings against fire, theft, social unrest and the forces of nature. It also offers personal liability to third parties by the insured, workmen’s compensation to domestic staff and golfer’s liability.

Biashara Salama

This covers declared stocks and business tools against the risk of fire, lightning, burglary, social unrest, and water damage following fire breakout. This can be extended to provide personal accident cover for the entrepreneur and his/her family to cover accidental death, permanent total disability, and hospital costs at a fee. The policy can also be extended to include Group Funeral Expenses (GFE) with a limit of 20,000 shillings at an annual premium of 400 shillings.

Personal Accident Insurance

Should something befall you in the goings of your day-to-day life, this cover will provide monetary payments in the event that you sustain injuries leading to death, permanent/total disability, temporary/total disability, medical expenses, funeral expenses, professional trauma counseling and physiotherapy expenses.