Jubilee Holdings is a respected East African brand with a strong financial base and over 70 years of experience in the industry.

Jubilee Holdings owns Jubilee Insurance which is the number one composite insurer in Kenya and East Africa and the market leader in medical insurance.

We provide the following individual products:

All Risks Office Equipment: Compensation against loss of or damage to the specified property as a result of any cause not excluded by the policy. The property insured is covered while inside or outside the building. The insurance is provided in respect of items like cameras, laptops, watches, cell phones and other portable items.

Bankers Blanket Bond: Indemnity against fidelity guarantee risks; property  damage resulting from theft, larceny, burglary, robbery or hold-up whilst on the premises; property in transit and loss of or damage to the premises, furnishings, fixtures, equipment (other than computers) and other contents caused by burglary, robbery, hold-up, theft, larceny or attempt thereat. The standard cover is extended to cover counterfeit currency, loss of subscription rights, extortion (threat to both property and persons) and computer fraud.

Burglary: Compensation against loss of or damage to property insured resulting from theft accompanied by entry into or exit from the premises by forcible and violent means. The insurance is provided in respect of plant & machinery, other contents inside the building and stock. Damage to the building caused by thieves while breaking in or out is also covered.

Consequential Loss: Indemnity against loss of revenue due to business interruption following any unforeseen physical loss of or damage to the plant and machinery insured under the Machinery Breakdown policy.

Contractors All Risks: Compensation against sudden and unforeseen physical loss of or damage to the property insured and legal liability for accidental bodily injury to third parties and/or loss of or damage to third party property resulting from any cause not specifically excluded resulting from the specified contract. The insurance is provided in respect of contract works, temporary buildings, surrounding third party property and third party injuries.

Directors' and Officers' Liability: Compensation against amounts which the insured shall become legally liable to pay as compensation, including agreed defence costs and expenses resulting from any wrongful act by the insured in their capacities as directors, officers or employees of the Insured Company.

Domestic Package: Compensation to the insured against loss or damage to residential building, household goods and personal effects caused by perils coverable under fire and burglary/theft policy. The insurance has five sections:

• Buildings – covers the private dwelling
• Contents – covers the contents while inside the house
• All Risks – covers portable items like cameras, mobiles etc within and outside the house
• Workmen’s Compensation – covers domestic workers
• Liability – covers owners or personal legal liability towards third parties

Electronic Equipment: Indemnity against any unforeseen physical loss of or damage other than by specifically excluded perils. Cover is meant for various Items of Computer Equipment and accessories.

Employers Liability: Compensation to the insured in respect of death, injury or disease to employees arising out of and in the course of their employment and resulting from the employer’s negligence.

Fidelity Guarantee: Indemnity against direct pecuniary loss resulting from fraud or dishonesty of employees in the course of employment

Fire Consequential Loss: Compensation against loss of profits resulting from business interruption following loss or damage to property caused by Fire, Lightning, Explosion, Earthquake (Fire & Shock), Volcanic Eruption, Bush Fire, Riot, Strike, Malicious Damage, Special Perils (A to H) and Spontaneous Combustion. The insurance is provided in respect of Gross Profit (as defined), wages and audit fees.

Fire and Special Perils: Loss of or Damage to Property resulting from Fire, Lightning,  Explosion, Earthquake Fire & Shock and Volcanic Eruption, Bush Fire, Riot, Strike, Malicious Damage, Special Perils (A to H) and Spontaneous Combustion.

Goods in Transit: All risks of loss of or damage to goods in transit anywhere within the country.

Group Personal Accident: Compensation for death or disability, and medical expenses incurred in connection with an accident occurring at any time (24 hours cover duty or pleasure) caused by accidental, violent, external and visible means. This insurance is taken out for a group of people with a common purpose like the employer taking out insurance to cover all his employees against death, disability or medical expenses. This insurance can also extend to cover wages paid out by the employer during the period of temporary total disability up to a maximum of 104 weeks. Individual persons can also arrange own personal accident cover under a separate personal accident insurance policy.

Industrial All Risks: Compensation against physical loss or damage to property caused by any peril (i.e. fire, explosion, earthquake etc) not specifically excluded and against loss of profit resulting from business interruption following such loss or damage.

Machinery Breakdown: Indemnity against any unforeseen physical loss of or damage to the specified plant as a result of any cause not excluded by the policy. Cover includes loss or damage resulting from mechanical or electrical breakdown.

Machinery Breakdown Consequential Loss: Provides compensation against loss of profit following any unforeseen physical loss of or damage to the insured machine other than by specifically excluded perils.

Marine Cargo: Compensation against loss of or damage to property or goods belonging to the insured or held in their custody or control or for which they are responsible or which they may wish to insure (including legal liabilities for general average and salvage where applicable) for goods of every description imported or exported as declared. The mode of transport is either by sea, air, inland waterways or road from or to anywhere in the world.

Money: Indemnity against loss of money and damage to safe or strong room damaged in the course of theft of money.

Motor Commercial Vehicles: Compensation to the insured against loss of or damage to and legal liability towards third parties arising out the use of a specified motor vehicle used in connection with the Insured’s business. The levels of cover are the same as under private cars.

Motor Contingent Legal Liability: Compensation against legal liability towards third parties arising out of the use of any motor vehicle not owned or provided by the insured, in connection with the Insured’s business.

Motor cycles: Compensation to the insured against loss of or damage to and legal liability towards third parties arising out the use of specified motor cycles. The levels of cover are the same as under private cars.

Motor Private Cars: Compensation to the insured against loss of or damage to and legal liability towards third parties arising out of the use of a specified private car used for social domestic and pleasure purposes. There are three main levels of cover provided:

• Third party only
• Third party fire and theft
• Comprehensive

Motor insurance is compulsory as provided in the Insurance (Motor Vehicles Third Party Risks) Act. Third party only cover is the minimum provided to meet the requirements of the Act.

Motor Traders Risk: Compensation against loss of or damage to any vehicle in the custody or control of the insured and legal liability towards third parties arising out of the use such vehicle.

There are two levels of cover

1. Motor trade (external risks) – which covers use of the vehicle on the public road using specified licensed trade plates.
2. Motor trade (internal risks) – which covers use of the vehicle within the defined premises of the motor trader

This insurance is required by motor garage owners or motor traders and dealers.

Personal Accident: Compensation for death or disability, and medical expenses incurred in connection therewith, occurring at any time (24 hour cover) caused by accidental, violent, external and visible means.

Professional Indemnity: Indemnity against legal liability to third parties arising out of breach of professional duty by reason of any negligent act, error or omission of the insured.

Plate Glass: Indemnity against the cost of replacing glass following accidental breakage including

• Cabinets, Glass Signs & Display Signs
• Lettering & Sign-writing
• Cost of Temporary Boarding-up

Property Terrorism and Sabotage: Indemnity against physical loss of or physical damage to the property insured belonging to the Insured or for which the Insured is legally responsible, directly caused by act of Terrorism; Sabotage; Riots, Strikes and/or Civil Commotion; Malicious Damage; Insurrection, Revolution or Rebellion; Mutiny and/or Coup d'etat.

Public Liability: Indemnity against legal liability to third parties for accidental death, bodily injury and / or illness and / or loss of or damage to property incurred in the course of the Insured’s business.

Travel:

• Medical expenses and hospitalization abroad
• Cost of medical evacuation and repatriation in case of illness or accident
• Cost of prolongation of stay due to illness
• Cost of emergency return home following death of a family member
• Cost of returning home mortal remains of the Insured.

Workmens Compensation: Compensation to the insured in respect of death, injury or disease to employees arising out of and in the course of employment in accordance with the Work Injury Benefits Act (WIBA).