List of Occidental Insurance Products and Branches in Kenya

This is a list of products offered by Occidental Insurance and its branches in Kenya. It is one of the 56 licensed insurance companies in Kenya by the Insurance Regulatory Authority. The company was incorporated in 1984 and has been transacting insurance business since 1987.  It specializes in offering general insurance products as listed below.

• Motor Third Party Only – This is a basic insurance policy that covers against liabilities that arise from your vehicle causing bodily injuries and property damages to third parties. It is a minimum requirement by the law for any motor vehicle owner.
• Motor Comprehensive Cover- It provides insurance against theft and material damage of the vehicle in addition to third party bodily injury and property damage liabilities that your vehicle causes.

2. Personal Accident Policy

This policy covers against accidental injury or death. Benefits are paid in case of death, permanent total disablement, and temporary total disablement. Medical expenses incurred as a result of accidental injury can be recovered from this policy on a reimbursement basis.

Funeral expenses incurred as a result of accidental death are also recovered from the policy on a reimbursement basis.

3. Domestic Package 

This policy provides cover for your residential building and your house contents against damage by fire and allied perils. The policy also covers against loss of house contents due to theft characterized by forcible and violent entry into/exit from the house. Other portable items like laptops, phones, and jewelry are also covered in this policy.

This policy extends to cover domestic employees’ accidental injury/death arising out of and in the course of their duties. It also covers legal liability to third parties.

4. Group Personal Accident Policy

This policy provides cover against accidental death or injury to any person within a particular insured group. Medical and funeral expenses as a result of accidental injury can be recovered from this policy on a reimbursement basis.

5. Travel Insurance

The policy provides cover for medical expenses and assistance, travel delay or cancellation, loss of baggage that has been checked in by the airline and hijacking.

B) Business Covers

1. Motor Commercial Insurance

It provides cover for your vehicle used for commercial purposes. The policy covers against accidental damage or loss to the vehicle and also extends cover against third-party liability arising out of the use of the car.

• Motor Third Party Only – This is a basic insurance policy that covers against liabilities that arise from your vehicle causing bodily injuries and property damages to third parties.
• Motor Comprehensive Cover- It provides insurance against theft and material damage of the vehicle in addition to third party bodily injury and property damage liabilities that your vehicle causes.

2. Marine Insurance

It protects your vessels and goods while in transit.

• Marine Cargo- Provides cover against loss or damage to goods whilst in transit as exports or imports.
• Marine Hull – Provides cover against loss and or/ damage to vessels and ships hull and machinery and other equipment of the vessel including collision and liability to third parties.

3. Engineering Insurance

• Contractors All Risks – provides cover for contract works undertaken by a contractor against any unforeseen physical loss or damage.The policy covers total contract value including the cost of materials and equipment and the policy can be extended to cover against legal liability to third parties as well as the contractors’ plant and machinery used in the project.
• Erection All Risks – Provides cover for erection works undertaken by the contractor against any unforeseen physical loss or damage. It extends cover against legal liability to third parties arising out of and in the course of the erection works.
• Machinery Breakdown- It provides cover against sudden and unforeseen accidental physical damage to the insured’s plant, machinery, and equipment while at work or at rest.
  The policy extends to cover against loss or damage due to faulty operation, adjustment, casting, vibration, entry of foreign objects, loosening of parts, self-heating, and centrifugal force.

4. Liability Policies 

• Public Liability – Provides cover against legal liability to third parties. Compensation is paid in case of personal injury to a third party and or/ third party property damage.
• Carriers Liability – Provides cover against actual and physical loss or damage of goods by fire or accident whilst being transported and if such loss can be attributed to negligence by insured or insured employees.
• Professional Indemnity – Provides cover against legal liability to insured arising directly out of a negligent act, error, or omission made by him during the performance of his duties as a professional man/woman e.g architects, lawyers, or accountants.
• Employers Liability – The policy offers protection to employers for their legal liability (under common law), for damages and claimants costs of lawsuit expenses by an employee. Compensation is paid where an employee dies or is injured as a result of negligence on the part of the employer.
• Fidelity Guarantee – This policy provides cover against loss of money or business stock that arise out of dishonesty of employees entrusted with such money/goods.

5. Fire and Related Perils

Political Violence and Terrorism Policy 

Covers against physical loss or damage to buildings and contents caused by the following perils:

• Act of terrorism
• Sabotage
• Riots, strikes and/or civil commotion
• Mutiny and/or coup deter
• War and/or civil war

The policy extends to cover motor vehicles insured comprehensively, against political
violence and terrorism risks.

Business Interruption Policy

This policy is taken together with a fire/policy. The policy covers against loss of income/increased costs of working as a result of interruption due to damage of premises by fire and allied perils. Salaries  and wages are also covered

Fire and Perils Policy