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The Automobile Association of Kenya, often abbreviated AA Kenya is an independent motoring association that provides services to its members such as roadside assistance, driver training, motor vehicle valuation and car insurance brokerage. AA Kenya is also an active voice in road safety related matters within Kenya and the region. [1]
The regulation of the insurance industry in Kenya was initially based on the UK Companies Act 1960. The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 [1] with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National ...
This is a list of some of the Insurance Companies carrying on insurance business in Kenya. They are regulated by the Insurance Regulatory Authority: [1] Allianz; Britam Holdings T/A British-American Insurance Company Kenya Limited, and as Real Insurance Company; CIC Insurance Group [2] First Assurance Kenya Limited [3]
Had my car stolen 2 months after purchase. Finance company valued vehicle to be $15k over what comprehensive insurance covered meaning I would have to pay $15k out of my own pocket to repay ...
Car insurance is required to drive legally in almost every state, so it’s important to maintain at least the state-required minimum car insurance policy even if you don’t think you need it.
Currently, the limits are too low to compensate the victims. In respect of Act Only Liability Motor Vehicle Insurance, the compensation for personal injuries and property damage to third parties is ৳ 20,000 (US$165) BDT 20,000 for death, ৳ 10,000 (US$82) for severe injury, ৳ 5,000 (US$41) for injury, and ৳ 50,000 (US$411) for property ...
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