Are you an entrepreneur in Kenya, however small? Is your small business your source of livelihood without which you will be financially handicapped? Is the profit you make from your small ‘kibanda’ used to pay for your children’s education and medical care? A lot is happening currently in the country.
One of the things that are happening that may put your business to risk is constant demonstrations. If not by unpaid workers or political sycophants, it is by university students.
During such times, you try to protect yourself and your business by closing your business because it gets pretty chaotic with the police firing bullets or tear gas and everyone running for their lives, some looting your valuables while at it.
There are times that as an MSME or SME, you are faced with things beyond your control. Things that, unlike the hitches where you temporarily close your business as you wait for things to calm down, may sweep you out of business forever and bring you back to where you began. Like fire incidences.
Have you thought of protecting your small source of income? Do you not know that your small business is the greatest contributor to the country’s GDP?
The Co-operative Bank of Kenya values you, so much so that they offer you a suitable insurance package for your business.
Here’s what you and your business are protected against with Co-op bank, based on the risks that you face;
The SME Cover
This cover depends on your needs at competitive prices. It covers almost every kind of risk you may possibly encounter in your business. You can have several policies insured under one package with competitive premiums for all classes.
The Personal Accident Cover
Under this, your business will be covered against personal accident risks with political violence and terrorism included and it can be bought alongside an account.
The Micro Cover
With this, you get your assets insured and business protected against burglary and you get a personal accident cover as the owner of the business.