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1 Jubilee Insurance House, Wabera Street P.O. Box , Nairobi, Kenya Tel: +254 (0) Fax: +254 (0) General Department Hotlines , , Mombasa Jubilee Insurance Building, Moi Avenue, 3rd Floor P.O. Box , Mombasa, Kenya Tel: +254 (0) / / Fax: +254 (0) [email protected] Kisumu Jubilee Insurance House, Oginga Odinga Road P.O. Box , Kisumu, Kenya Tel: +254 (0) / Fax: +254 (0) [email protected] trade

2 Traders Comprehensive Insurance Policy Your trade or business on which so much of your time and money have been spent to build up is constantly exposed to various kinds of risks. Some unfortunate occurrence might bring a huge financial burden to your business from all possible risks. However, you can take steps to help tide over such unexpected events. Jubilee s Traders Comprehensive Insurance Policy (TCIP) is just the right kind of Policy to provide protection against these uncertainties. A Complete Protector Our Traders Comprehensive Insurance Policy (TCIP) gives complete protection to your business against a wide range of risks and perils. By opting for this single package Policy, you will be covered against almost all risks that you may normally encounter while carrying out your trade. Who Can Buy This Policy This policy is suitable for shops, retail agencies, wholesalers, dealers, salons, pubs and restaurants, cyber cafes, auto garages, fuel stations or any other business establishments who want to take comprehensive insurance protection under one package Policy, provided that the value of contents and/or stock does not exceed Kshs. 15,000,000. Premises should have walls of reinforced concrete, concrete blocks, bricks or stone, with hard roof consisting of roof tiles, cement or metal sheets. Banks, forex bureaux, jewellery shops and premises where manufacturing is carried out are excluded. 1

3 Exclusive Features Simple and Convenient package ideal for small and medium size traders Comprehensive insurance for peace of mind Single discounted premium for a variety of insurance covers No excess deduction in claims except earthquake claims Easy and flexible payment terms through Insurance Premium Financing, if required Easy and fast claims service Benefits Available This policy has 10 sections that provide comprehensive protection for your business, assets, and liability as well as for you the owner, your directors, partners and employees. These sections are: Fire & Allied Perils (Section I) This section covers your buildings, stocks, furniture, fixtures, fittings, interior decorations and other contents against fire, explosion, bursting/overflowing of water tanks, riots, strikes, malicious damage, earthquake, flood, cyclone, landslide. Business Interruption (Section II) This section provides compensation for interruption of your business as a direct result of operation of the perils covered under Section I above. Burglary (Section III) This section covers loss or damage to contents whilst contained in your insured premises by burglary. Money (Section IV) This section covers loss of money in premises or in safe due to burglary or in transit due to robbery, theft or any other misfortune not specifically excluded. Goods In Transit (Section V) This section covers goods owned by the Insured in respect of loss or damage in the course of transit caused by fire, collision and overturning of the conveying vehicle. Plate Glass and/or Neon Signs (Section VI) This section covers accidental breakage of fixed glass and or neon signs in the insured premises including cost of frames, lettering/printing/embossing etc. Public Liability (Section VII) This section covers you against legal liability to general public for accidental death, bodily injury or property damage. Workmen s Compensation (Acts Limits) (Section VIII) This section covers legal liability to your employees for any bodily injury or death arising out of and in the course of their employment under the Workmen s Compensation Act. Employer s Liability (Common Law) (Section IX) This section covers you against the legal liability in respect of any bodily injury to or death of employees at Common Law. Group Personal Accident (Section X) This section covers you and directors/partners of the insured business against accidental bodily injury leading to death or disability. Easy Claim Process In case of any incident leading to a claim under this Policy, please ensure your safety as well as that of your property and then inform your broker or our office who will guide you through the simple and quick claim settlement process. Cover Options You may choose any option below to suit your insurance needs: Option 1: Fire; Business Interruption; Burglary; Money; Public Liability; Workmen s Compensation and Employer s Liability (Section I IV and Section VII IX) Option 2: Option 1 plus Goods in Transit (Section I V and Section VII IX) Option 3: Option 2 plus Plate Glass and/or Neon Sign and Group Personal Accident (Section I X) 2 3

4 Traders Comprehensive Package (TCIP) Proposal Form All questions must be answered in full, in BLOCK letters, in the Proposer s own handwriting or to his diction, on both sides of this form. Agent/Broker/Direct 1. Name of Proposer (s) in full 2. Postal address Post Code City/Town Telephone Mobile Fax 3. Location of Trade/Business Nature of Trade/Business Construction Materials used on the premises: Walls Roof 4. Period of Insurance: From to 5. Does any financial institution have any interest on your property? Yes No If Yes, name the financial institution 6. Burglary cover required: Option A Option B 7. Details of losses in the last three (3) years Date of Loss(es) Amount of Loss(es) Type of Loss(es) 8. Do you require Insurance Premium Financing? Yes No 9. Cover option required: Option 1 Option 2 Option 3 Declaration I/We warrant that the above and overleaf statements are true and complete and that nothing materially affecting the risk has been concealed by me/us. I/we agree that this Proposal shall be the basis of the proposed contract between me/us and The Jubilee Insurance Company of Kenya Limited and I/We agree to accept a policy in the Company s usual form for the class of insurance. Signature of the Proposer(s) Date Signature of Broker/Agent Date 4 5

5 Sections Incorporated In This Policy Section Class of Insurance Sum Insured I. Fire and Allied Perils a) Buildings Kshs... b) Tenants fixtures and fittings Kshs... c) Contents/Stock in Trade Kshs % II. Business Interruption Loss of Income or Increased Cost of Working 100% of section 1(c) III. Burglary Contents /Stocks in Trade Option A - 50% of section 1(c) Option B -100% of section 1(c) but to charge the difference at a rate of 10% o IV. Money i) Money in Transit ii) Money in Premises iii) Money with Partners/Directors 5% of section 1(c) iv) Damage to safe V. Goods in Transit Contents/Stock in Trade as in section 1(c) in the course of transit 10% of section 1(c) VI. Plate Glass and or Neon Signs Fixed glass and or neon signs 2.5% of section 1(c) VII. Public Liability General Liability a) Any one occurrence Kshs. 2,000,000/- b) Any one period of insurance Unlimited VIII. Workmen Compensation All employees of the insured including 10 Employees (Maximum) casuals as per the Workmen s All employees of the insured Compensation Law(s) of Kenya including casuals IX. Employers Liability Legal liability under common law for damages and claimant s costs and expenses of litigation for all employees including casuals. 10 Employees (Maximum) Limits of Liability Section C Any one person Kshs. 2,000,000/- Any one occurrence Kshs.10,000,000/- Any one year Kshs. 20,000,000/- X. Group Personal Accident Death or Disability as a result of an Accident. Death and PTD Kshs. 1million each per person Names of partners/directors: Medical Expenses Kshs.50,000/- per person Maximum four (4) Directors

6 A Little Bit About Us The Jubilee Insurance Company of Kenya Limited (JICK) is a wholly owned subsidiary of Jubilee Holdings Limited (Jubilee). Jubilee was incorporated on 3rd August 1937, in a small office in Mombasa and is one of the pioneers in the establishment of a local composite insurance company. In 1984, and in keeping with our mission of contributing to the economic development of the region, Jubilee took the bold step of converting itself into a listed public company to broaden its ownership base locally, which now consists of over 6,000 shareholders. Jubilee is an affiliate of the Aga Khan Development Network and is a leader in its field, with a solid emphasis on security for policyholders, information technology, committed, knowledgeable and professional staff, and a reputation for customer service. As a demonstration of our commitment to service excellence, Jubilee has implemented a quality management systems and is an ISO 9001: 2000 certified company.