Kenya Orient Insurance Limited-Orient Commercial Insurance
Motor
About this product
This is a comprehensive commercial motor vehicle cover used to protect the insured against theft or occurrence of an accident involving his/her vehicle. Commercial vehicles include:- Canters
- Large Trucks
- Pickups
- Trailers
Scope of the Cover
For the different categories of vehicles the following type of insurance can be purchased:- Comprehensive - This is a superior cover to all the others it protects you against the third party’s death, bodily injury and/or property damage as well as loss/ damage to your vehicle due to accidental fire, theft or an accident.
Benefits of the Cover
- Excess Free
- Free Tracking Device
- Container Insurance
- Free alternative transport
- Authorized repair limit now at KES 300,000
- Tracking services
- Personal accident cover of KES 250,000 each for the driver and loader
- Alternative accommodation for two persons at KES 10,000, KES 5,000 each in both Kenya and COMESA
- Alternative transport/hire free KES 50,000
- Expanded Territorial scope across COMESA subject to vehicles towed to the nearest Kenyan Border Station
Enhanced Benefits
- Carriers Liability
- Fleet management
- Employers liability-25% of WIBA excess KES 20,000
- WIBA-10% of annual earnings
- Loan repayment-Interest reduced 30 days 10% 60 days 7.5%
- Loss of income (10 days and 30 days Option) Up to KES 200,000
Limits of Liabilities (Carriers liability)
| Limit-up-to(KES) | All risks(KES) |
| 500,000 | 15,000 |
| 1,000,000 | 22,500 |
| 2,000,000 | 45,000 |
| 3,000,000 | 67,500 |
| 4,000,000 | 90,000 |
| 5,000,000 | 112,000 |
Limits of Liabilities (Fidelity Guarantee)
| Limit | Annual Premium |
| 250,000 | 7,500 |
| 500,000 | 10,000 |
| 1,000,000 | 17,500 |
| 1,5000,000 | 25,ooo |
Policy Excess
| Partial theft/own damage | 5% of sum insured min KES 20,000 |
| Theft with anti-theft device | 10% of sum insured min kes 20,000 |
| Theft without anti-theft | 20% of sum insured min KES 20,000 |
| Third party injury | NIL |
| Third party property damage | KES 10,000 |
| Novice drivers | KES 7,500 |
| Young drivers | KES 7,500 |
Comments