Madison Money Market Fund
Daily Yield: 9.88%
Effective Annual Yield: 10.38%
Madison Fixed Income Fund
Daily Yield: 10.62%
Effective Annual Yield: 11.20%
Madison Wealth Special Fund
Weekly Average Daily Yield: 11.23%
Weekly Average Effective Annual Yield: 11.89%
Hospital Malpractice
Insurance
Madison General Insurance Kenya Hospital Malpractice Insurance protects hospitals, clinics, and healthcare practitioners against legal liability arising from errors, omissions, or negligence while providing medical services.
The cover is tailor made for all institutions and individuals directly involved in providing healthcare services including.
| Facility Level | Facility Type | Typical Services |
|---|---|---|
| One | Community units / outreach | Preventive & promotive services
(education, screening, referrals) |
| Two | Dispensaries / small outpatient clinics | Minor treatments, basic consultations, immunizations |
| Three | Health centers / small hospitals (some inpatient, maternity) | Deliveries, minor surgeries, inpatient observation |
- Proof of KMPDU membership
- Cover is on Claims Made Basis
- Jurisdiction (Kenya)
- Territorial scope (Kenya)
- Retroactive date – Madison Inception date
- No Retroactive Cover
- Premium payment warranty – Cash and Carry
- Claims Control Clause
- Wordings: Standard PI wordings
- Libel and Slander
- Cyber Risk Exclusion
- Total Asbestos exclusion clause
- Sanction Limitation & Exclusion Clause
- COVID 19 LMA 5396 Exclusion
- Political Risks Exclusion clause
- Confirmation of No Known or Reported Losses
- Excess: 5% of the limit of liability
- Duly Executed PI Proposal Form
- KMPDU registration number
- Practising license
- KRA Pin certificate
- Certificate of Incorporation
- Payment proof of full premium
Note: all limits past 5M MUST be quoted for by underwriting.