Unaitas Bancassurance Agency

Product Offering

  • Wholly owned subsidiary of Unaitas Sacco Society Ltd
  • Serves Sacco members and non-Sacco customers.
  • Specially crafted products to meet customers’ unique business needs.
  • We design the solution together with the customer and always ensure we get it right the first time.
  • Wide panel of Insurance company partnerships based on expertise, product and ability to settle claims.
  • IPF facility (premium financing) that allows our customers to pick policies of their choice and pay for the premiums in up to 10 installments.

Our products focus on three types of customers:

1. Motor Vehicle Insurance

This policy is applicable to the motor vehicle for family use and extends to the commercial transport carriers that ferries your goods across the continent can be covered under the policy. Coverage is available for the vehicle, damage to third party vehicles, injury/death to the third parties and theft of the vehicles. Policy can be extended to cover multiple geographies in the continent.

Our Motor Insurance rates are unmatched in the market and are packaged competitively to include benefits such as Excess protector, valuations, Premium Financing options etc.  

  • Motor Comprehensive Insurance

Covers damages to your motor vehicle following an accident, fire, flood and malicious damage. It also covers the theft of the vehicle and the third party liability arising out of the use of the vehicle.

  • Motor Third Party Insurance

This insurance provides for compensation to third party persons and property in the event of any loss due to the use of the insured vehicle. Compensation is only for the third parties and not for the own vehicle.

  • Motor Commercial Insurance

This insurance provides for compensation following an accident in respect to commercial vehicles such as Lorries, pickups etc. The cover extends to include theft and third party liability.

  • Motor Chauffer PSV Insurance

This insurance provides for compensation following an accident and theft in respect to PSV vehicles with a designated driver such as Uber Taxis, Yellow line Taxis, Tour vehicles etc.

  • Motor Asset Insurance

This insurance provides for compensation following an accident and theft in respect to Matatu vehicles such as Buses, 14 seater Matatus, Shuttles etc. This covers the body of the Matatu vehicle ONLY and the customer will need to purchase the third party cover separately.

  • Tuk Tuks and Motor Bike Insurance

This insurance provides for comprehensive cover following an accident and theft in respect to Motor bikes and tuk tuks. This cover extends to include third party liabilities as a result of an accident. 

2. Personal Accident Insurance

The Personal Accident Insurance covers an individual against accidental death, total disability and medical expenses following an accident. The coverage is for 24 hours and covers anywhere in the world. Our package extends to include cover as a result of political violence and terrorism.

3. Homeowners Insurance (Domestic Package)

This policy covers the normal perils associated with a home. Such risks include fire and allied perils, burglary, housebreak in, hold up cases and loss of valuables against a variety of risks. Our cover extends to include Domestic servants such as house helps and Public Liability section to cover for any Third Party damages.

Home owners/landlords can also insure their property under this category.

The application is simple and requires a proposal form to be completed giving full details of the home to be insured.

4. Medical Insurance

This policy covers the individual and family whenever they get ill or have an accident and they need to be hospitalized in hospital or outpatient visits so that they do not have to look for money whenever someone needs to seek treatment. The limits of cover will be unique to the family needs and budget.

Every business is considered as unique and the insurance solution crafted specifically for them. We understand that the lifeline of the business is on cash flow and we shall therefore allow the business to pay for premiums in up to 10 instalments per policy year. Some of our products for businesses include:

1. Fire and related perils Insurance

This class of insurance will cover your property that houses the business premises including factory buildings, office building, supermarkets, warehouses, shops, garages, exhibition halls etc. The property insurances cover you against financial loss due to a variety of natural perils including fire, flood, earthquake, rain damage, etc.

If you do not own the building, the business would still suffer financial loss due to a variety of natural perils including fire, flood, earthquake, rain damage, etc.

We can enhance the cover to include extensions such as:

  • Business Interruption Insurance that covers the loss of revenue or gross profit due to damage to the property following a fire or related peril for a period of up to 12 months.
  • Burglary Insurance to cover all losses arising out of burglary and housebreaking into a premises. All loss of property following a violent and visible break-in is covered.
  • All Risks Insurance which covers all perils on Portable and valuable items like office equipment, field equipment etc. Coverage is available within Kenya or could be extended across the customers geographical spread.

2. Money Insurance

This policy covers the movement of money from the business premises to the bank or other customer offices. Loss due to theft and attack is covered and can be extended to cover the loss of money in a safe, in the counter and money with directors.

3. Fidelity Guarantee Insurance

This policy covers theft orchestrated by employees of the business. Such will include embezzlement of funds by employees and fraud.

4. Contractors All Risks Insurance

During construction of a property, there is a chance of loss due to a myriad of risks. The Contractor faces risks due to fire, floods, man-made accidents, property damage etc. Such contractors could be constructing residential homes, county tenders, road works, civil works etc.

Our Contractors All Risks Insurance (CAR) covers the perils faced by contractors while building civil structures. The cover extends to cover the property under construction, the third party liabilities such as adjacent property to the construction, loss of building materials from sight etc.

The coverage is available not only for the construction phase but also during the maintenance phase. Our package is enhanced to include:

  • Contractors Plant and Machinery Insurance that covers the specialized construction machines such as mobile equipment contractors’ used in constructing including cranes, hoists, bulldozers, levers and other such machines.
  • Coverage is provided for the breakdown of the machines as well as for Third Party damages.
  • Erection All Risks Insurance that covers mishaps in construction that could potentially put the project back in its timeline leading to loss of money and opportunity costs.

4. Machinery Breakdown Insurance

Machinery Breakdown Insurance covers damages to machinery caused by electrical or mechanical breakdowns. In today’s world most of the machines are interdependent and connected to the production process. As such, we advise that all machinery (critical and non-critical) are covered under the Machinery Breakdown Policy to ensure full protection.

However, the machinery must be maintained as per the required standards and the value insured will be assumed to be the replacement value of the machine.

Our package extends to include Machinery Breakdown Consequential Loss Insurance. This extension insurance covers the financial loss an organization suffers following the breakdown of the insured machine awaiting replacement or repairs.

5. Motor Vehicle Insurance

This policy is applicable to the motor vehicles that are used in the business operations and also those of the directors. Coverage is available for the vehicle, damage to third party vehicles, injury/death to the third parties and theft of the vehicles. Policy can be extended to cover multiple geographies in the continent.

We have enhanced our product offering to include customers with a fleet of vehicles and also special purpose vehicles.

6. Employee Insurance

As the business owner and employer, your are legally and morally bound to take care of your employees health and working conditions while they are under your employment.

Unaitas Insurance Agency can advise on insurance packages that are suitable to the employees of the business including group medical covers, group personal accident covers, Workmen Compensation Insurance (WIBA) and also Employers liability in case they are sued by the employee.

The above benefits are unique to each business and will require a sitting with the business owner to craft a solution that works for that business.

7. Professional Indemnity

The Professional Indemnity Policy covers awards arising out of court judgments, defense costs, loss of documents, fees and expenses against professional executives such as lawyers, medical practioners, engineers, accountants, trustees etc.

This policy protects professionals from legal liability for any acts of negligence they may commit in the course their duty. You do not have to be wrong to be sued, the policy will provide for the costs of defending any action brought against the insured in their professional capacity.

Institutions such as schools and churches are increasingly being faced by various risks. Such would include fire loss, riots and strikes, malicious damage, burglary etc.

Such institutions could take out insurance covers for:

1. Fire and related perils Insurance

This class of insurance will cover the Institutions property such as buildings, administrations blocks, dormitories for schools, kitchen, stores etc. where applicable. The insurances covers against financial loss due to a variety of natural perils including fire, flood, earthquake, rain damage etc.

We can enhance the cover to include extensions such as:

  • Burglary Insurance to cover all losses arising out of burglary and housebreaking into a premises. All loss of property following a violent and visible break-in is covered.
  • All Risks Insurance which covers all perils on Portable and valuable items like office equipment, electronics, field equipment etc.

2. Student Group Personal Accident Covers

The Group Personal Accident Insurance covers the students while they are in school and outside school in the event of accidental death, disability and medical expenses such as dental expenses following an accident ONLY. The coverage is for 24 hours and covers anywhere in the world.

3. Employee Insurance Cover

Unaitas Insurance Agency can advise on insurance packages that are suitable to the employees of the institution including group medical covers, group personal accident covers, Workmen Compensation Insurance (WIBA) and also Employers liability in case they are sued by the employee.

4. Agriculture Insurance Policy

We offer agricultural insurance based on expert technical advice and pricing models. The policies are highly tailor made and are unique for each farmer. The cover options include:

  • Crop Insurance

Cover designed to cover crops in the field. The perils covered include Fire, Windstorm, Excessive rainfall, Uncontrollable pests and diseases, Drought except under irrigation farming and hail storms.

For crop insurance, we could either insure the input costs or the anticipated harvest as the case might be.

  • Livestock Insurance

Cover designed to cover death of livestock insured by the farmer. The perils covered include Accidents & disease related death, complications during delivery, Emergency slaughter on medical grounds, Fire, Smoke, Lighting and Theft with the use of force.

  • Greenhouse Insurance

Cover designed to cover the greenhouse structure and the crop being grown inside. The losses covered include Plastic cladding and steel structure, the growing crop, Yield in Transit, Machinery breakdown, Deterioration of stock, Irrigation Equipment and other assets related to greenhouse production.

The perils covered include Fire and firefighting, Theft and/ or loss during fire or salvaging, Lightning damage, Impact damage, Theft after burglary, Damage during burglary or attempt thereto, Water from reservoirs and/or water tanks, Excessive rain, Storm (Including Hail or weight of snow) and Salvage costs.

  • Forestry Insurance

The cover is designed for farmers who establish forests and the perils covered include Fire, Lightning, Explosion and Windstorm.

  • Optional Additional Covers

Our covers extend to include perils such as:

  • Flood and / or inundation
  • Malicious Damage
  • Subsidence and landslide
  • Damage by wild animals
  • Riot strike and civil commotion
  • Aircraft and other aerial devices and/or articles dropped there from

What are the next steps?

As a potential customer of Unaitas Insurance Agency, this is what you need to do to acquire an insurance policy.

  1. Identify the risks that you are concerned about as an individual, business or institution
  2. Walk into any Unaitas branch and speak to an Insurance Officer or call Unaitas to speak to an Insurance officer on phone.
  3. Receive a quotation and complete the paper work required for that Insurance policy for processing.
  4. Choose the premium payment method among these ones:
    • Deposit the premium directly to the Unaitas premium collection account.
    • Draw a cheque in favor of Unaitas Sacco and present it to the insurance officer for processing.
    • Opt to pay via Mobile Money Mpesa platform.
  5. The Insurance officer will guide you on how to collect the Insurance cover note to confirm that your insurance is in force.