MICRO INSURANCE

APA’s Micro & Inclusive Insurance product offerings are innovative and affordable. We position ourselves as Kenya’s innovative one stop provider for tailor made micro insurance solutions. We have different types of micro insurance policies which offer extensive coverage for a wide range of risk.


Following are the significant micro & inclusive insurance policies available from APA :

Micro property Insurance

Micro property is a combined insurance policy tailor made to provide insurance cover for business and domestic (households) property.

Features:

This product covers against property loss/ damage arising from
  1. Fire & Perils (Fire, Lightning, Impacts, Water, Wind, Hail, Limited explosions, etc.),
  2. Burglary (forced and violent entry to insured premises),
  3. Theft and Political Violence & Terrorism risks.
  4. Can be extended to cover risk such as Money, Fidelity guarantee, electronic equipment etc.
Benefits:

  • Nature of premises could be of Stone, Timber, Iron Sheets but not Thatched
  • Cover (Sum Insured) up to maximum limit of KSh 4 Million
  • Minimum annual premium Ksh 1000/-
  • Nature of business and location not restricted
  • Watchman requirement – communal watchmen allowed

  • APA Hospitalisation Cash

    This is a cover that provides a weekly benefit equivalent to weekly earnings/ profit/ loan installment to enable the insured person meet the financial obligation occasioned by following continued hospitalisation.

    Features:

  • Fixed benefit which is not determined/ dependent on actual hospital bills incurred.
  • Age limit on entry maximum 70 years.

  • Benefits:

    The weekly benefit shall be limited to a maximum of KES 10,000 and the total claim/ benefit cannot exceed KES 50,000
  • 3 – 7 nights in hospital: 1 (one) week’s earnings/ profit/ loan installment
  • 8 – 14 nights: 2 (two) week’s earnings/ profit/ loan installment
  • 15 – 21 nights: 3 (three) week’s earnings/ profit/ loan installment
  • 22 – 28 nights: 4 (four) week’s earnings/ profit/ loan installment
  • Over 28 nights : Up to 6 (six) weeks earnings/ profit/ loan installment

  • Heshima na Faraja

    A comprehensive insurance cover designed to provide protection to you and your family against personal accident risk. There is an additional funeral cash benefit to meet funeral expenses in the unfortunate event of the death of insured member.

    Features:

    This product covers against accidental Death, Total permanent disability, Medical expenses and a last expense (funeral) benefit of oneself and family in the event of death from accidental, illness or natural cause.


    Benefits:

  • Available to an individual or a family package (Spouse and up to two children included)
  • Annual premium is as low as Ksh 170/- for an individual
  • In the event of an accidental death both, death and funeral benefit is payable.
  • Age limit minimum 3 months (children) and 65 years (adults)




  • Our main products include:


    1. Micro property Insurance
    2. APA Hospitalisation Cash
    3. Heshima na Faraja

    The cover provides the following features.

    1. Fire & Perils (Fire, Lightning, Impacts, Water, Wind, Hail, Limited explosions, etc.),

    2. Burglary (forced and violent entry to insured premises),

    3. Theft and Political Violence & Terrorism risks.

    4. Can be extended to cover risk such as Money, Fidelity guarantee, electronic equipment etc.

    5. Fixed benefit which is not determined/ dependent on actual hospital bills incurred.

    6. Age limit on entry maximum 70 years

    7. This product covers against accidental Death, Total permanent disability, Medical expenses and a last expense (funeral) benefit of oneself and family in the event of death from accidental, illness or natural cause.




    The benefit include:


    1. Nature of premises could be of Stone, Timber, Iron Sheets but not Thatched

    2. Cover (Sum Insured) up to maximum limit of KSh 4 Million

    3. Minimum annual premium Ksh 1000/-

    4. Nature of business and location not restricted

    5. Watchman requirement – communal watchmen allowed

    6. 3 – 7 nights in hospital: 1 (one) week’s earnings/ profit/ loan installment

    7. 8 – 14 nights: 2 (two) week’s earnings/ profit/ loan installment

    8. 15 – 21 nights: 3 (three) week’s earnings/ profit/ loan installment

    9. 22 – 28 nights: 4 (four) week’s earnings/ profit/ loan installment

    10. Over 28 nights : Up to 6 (six) weeks earnings/ profit/ loan installment

    11. Available to an individual or a family package (Spouse and up to two children included)

    12. Annual premium is as low as Ksh 170/- for an individual

    13. In the event of an accidental death both, death and funeral benefit is payable.

    14. Age limit minimum 3 months (children) and 65 years (adults)




    If you are interested in learning how much any of the Micro Insurance products would cost you, or if you are interested in purchasing Micro Insurance products, please click Get Cover.

    If you would like further explanation or assistance about Micro Insurance, please click I Need Assistance.