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Home Insurance
- Can I own a home without domestic package insurance?
- Can I purchase domestic package insurance if I'm renting a house?
- How are claims paid under various Sections?
- How do I file a claim under domestic package insurance?
- How often should I review my policy?
- What information do I need to provide to my agent,broker or insurer when proposing or renewing cover?
- What is a standard domestic package insurance cover?
- What is domestic package insurance?
- What kind of domestic package cover is adequate?
- What should I do if I am leaving the house unoccupied for sometime?
- What type of insurance do I need for a house purchased through a mortgage?
- Which are the common types of misfortunes covered in a domestic package insurance?
- Why is it important to take a home inventory?
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Motor Insurance
- How do I file a motor insurance claim?
- How is the premium of motor insurance determined?
- Is motor insurance compulsory in Kenya?
- What are my rights when filing a claim?
- What are the different types of motor claims?
- What are the different types of motor insurance certificates in Kenya?
- What are the different types of motor insurance policies?
- What are the duties of insured person in the event of an accident?
- What are the duties of the insurance company in the event of a claim?
- What are the main documents required in settling a claim?
- What information is required when proposing for<br>insurance?
- What is motor Insurance?
- What should I do if I am involved in an accident?
- What should I do if I have a problem with claim<br>settlement?
- What steps are taken by an insurance company before a motor insurance claim is settled?
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Medical Insurance
- Am I insured while out of the country?
- Do I need to continue paying my monthly contribution to NHIF if I have medical insurance policy?
- Does medical insurance cover all hospital bills?
- Does my policy cover conditions existing before I took up the insurance?
- Does the policy cover all my children?
- Does the policy cover the insured in old age?
- How are medical bills paid?
- How do I apply for medical insurance?
- How do I benefit from NHIF membership?
- How will the hospital know that I am the insured?
- What happens in case of an emergency?
- What is medical insurance?
- Who does an in-patient policy cover?
- Who does an out-patient policy cover?
- Will the policy compensate me for all kinds of treatment that I receive?
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Agriculture Insurance
- Agriculture insurance underwriting and claims
- Challenges of crop insurance
- Index Based Livestock Insurance
- Index based weather insurance
- Introduction to agriculture insurance
- Livestock Insurance
- Other types of agriculture insurance
- Perils that affect the agriculture sector
- Poultry Insurance
- The International Agricultural Insurance Market
- Types of Crop Insurance
- What is Agriculture insurance?
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Aviation Insurance
- Aircraft Hull and Liability Cover
- Aviation Hull War and Allied Perils Cover
- Aviation Insurance Underwriting and Rating
- Introduction to Aviation insurance
- Laws Relating to International Trade or Carriage of Passengers by Air
- Loss Adjusting and Surveying Aviation Insurance
- The Aviation Insurance Market
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Business Interruption Insurance
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Common Factors in Property Insurance
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Emerging Issues and trends in general insurance
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Engineering Insurance
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Fire and Perils Insurance
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Liability Insurance
- Classes of liability insurance
- Directors’ and Officer’s Liability Insurance
- Employers Liability Insurance
- Introduction to liability insurance
- Legal Expense Liability Insurance
- Products LIability Insurance
- Professional Indemnity Insurance
- Public Liability Insurance
- Trustees’ Liability Insurance
- Work Injury Benefit Act (WIBA)
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Marine Insurance
- Arranging for marine insurance
- Effecting Marine Insurance market
- International Contracts of Sale(INCOTERMS)
- Introduction to Marine Insurance
- Marine Insurance and Trade
- Marine Insurance Claims
- Marine Insurance Policies
- Marine Insurance Underwriting and Rating
- Marine Perils
- Principles of Marine Insurance
- The marine Insurance Markets
Underwriting Features
Underwriting is the process of accessing a risk and deciding on the terms, conditions, and rate of premium to apply. Rating on the other hand deals with factors that directly relate to premium which is eventually charged by the underwriter.
The key underwriting factors and rating factors in fire insurance are:
The construction of the building
A building constructed of bricks will be more sound than building constructed of wood. A building construct of concrete roof has a less probability of burning than one which is not protected.
Height of the Building
Many floors enhance the the chance of collapsing of the upper floors in the event of fire in the lower floors. The higher the building the building the more difficult it is to put off fire in the upper floors.
Again, the risk of water damage to lower flows is increased if water is used to distinguish the fire.
Nature of Flooring
A floor constructed by wooden materials becomes a fuel in the event of fire. Upper floors constructed of wooden material may collapse easily during a fire causing damage to property.
Openings in the Floor
Openings in the floor for lifts and belts constitutes a higher physical hazard as the y cause greater chance of ignition of fire and difficult in extinguishing it.
Values Involved
As a rule, the higher the value the higher the loss should it occur.
Occupancy
This refers to the use to which the building is devoted. A building occupied by a residence or an office is a better risk than a retail shop. A building occupied as highly combustible goods is more hazardous from a fire insurance point of view than a grocery shop.
Place and Location
The place where the property is located may greatly influence the fire hazard. Account must be taken by the fire underwriter of the following.
- The nature of adjoining property
- Distance from the fire station
- The source of water
- The degree of congestion in the area
- The use/occupancy of the surrounding building
Fire protection devices
The availability of firefighting appliances such as fire detectors, and water supply in a building means that fire can be distinguished easily and quickly.
Lighting, Heating and Power
The fire may occur due to short circuiting. Combustion can occur due to faulty installation. The system of lighting, whether by gas or oil and use of naked lights may cause more hazards to property.