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WHY-Liability Insurance?

Liability insurance is very important for those who may be held legally liable for the injuries of others, especially medical practitioners and business owners. A product manufacturer may purchase product liability insurance to cover them if a product is faulty and causes damage to the purchasers or any other third party. Business owners may purchase liability insurance that covers them if an employee is injured during business operations.

The policies we offer are as below:

WORKER’S COMPENSATION.

It is statutory on the part of the employer to take Worker’s Compensation Act 2000. The Policy covers any injury/death to the worker during the course of and arising out of employment upto 60 months wages.

Public Liability
The policy covers loss or damage to the third party due to activities of the insured trade. The premium is charged on the selected sum insured.

PERSONAL ACCIDENT

The policy provides indemnity to the insured for the injuries sustained due to accident as per the benefits mentioned below:-

a) Death – Capital Sum insured.

b). Permanent total disablement upto Capital Sum Insured.

c). Temporary total disablement 1% of the sum insured or 50% of the weekly wages per week which ever is less, upto 1 year.

d). Medical expenses 500,000/= or as agreed.

e). Burial expenses 5% of the sum insured maximum Ushs. 500,000/= or as agreed.

CEO Comments.

We welcome you all to our new portal .We welcome your comments and suggestions to improve our website. Our intention is to be informative, transparent, useful and interactive. We ,TransAfrica Assurance Co Ltd , are part of Mehta Group of Companies and believe in the values and philosophy for which Mehta Group stands for.

Our Vision is to be the most respected company with a regional presence in Sub-Saharan Africa.
Our Mission is being the best company in terms of claim settlement and client servicing