Madison Money Market Fund
Daily Yield: 14.55%
Effective Annual Yield: 15.66%
Madison Fixed Income Fund
Daily Yield: 14.92%
Effective Annual Yield: 16.09%
Madison Wealth Fund
Weekly Average Daily Yield: 14.28%
Weekly Average Effective Annual Yield: 15.35%
Motor Private Insurance: Protect your personal vehicle with our tailored Motor Private Insurance. Choose from comprehensive coverage or the minimum legal requirement of Third-Party Only. Drive with peace of mind knowing you’re financially protected against accidents, theft, fire, and more.
- Covers damage following an accident or theft to the vehicle(s) and accessories of the vehicle within the territorial limits.
- Protection, recovery & removal after accident (towing charges)
- Authority to repair in line with the authorized repair limit.
Covers legal liability for damages including the related costs and expenses for:
- Death or bodily injury to any person
- Damage to third party property
Disclaimer: This legal liability must arise as a result of an accident by or in connection with the insured vehicle.
This cover also caters to emergency medical expenses: reimbursement of reasonable medical expenses incurred in connection with any bodily injury by accident to passengers and third parties.
• 24/7 Roadside Assistance: We’re here for you anytime, anywhere, with our round-the-clock roadside assistance to handle emergencies.
• Excess Protector: Minimize out-of-pocket expenses by protecting your excess in the event of a claim.
• Political Violence and Terrorism Coverage: Stay protected against unforeseen events related to political violence or terrorism.
• Loss of Use: If your vehicle is under repair after an accident, we’ll provide compensation for alternative transportation expenses.
Introducing a seamless new way of reporting your claims for you Motor Insurance in Kenya!
Seatback and relax as we work behind the scenes to get your claims processed seamlessly.
Here is why you need the AKI-CRA App;
- It’s paperless, on-the-spot claim reporting.
- Real-time Notification of Claims.
- Faster Claims processing.
- Request Emergency Scene of Accident Support (Ambulance, Towing, Police)
- Report Grievances.
- Track your Claim.
- Assist a Stranded Friend.
Frequently asked questions.
What types of motor insurance do you offer?
We offer a comprehensive range of motor insurance options, including Motor Private Insurance for personal vehicles, Motor Commercial Insurance for businesses, and Private Motorcycle Insurance for two-wheel enthusiasts.
What does Comprehensive Coverage include?
Comprehensive Coverage protects your vehicle against a wide range of risks, including accidents, theft, fire, natural disasters, and third-party liability. It provides the most extensive protection for your vehicle.
What is Third-Party Only (TPO) insurance?
TPO insurance is the minimum legal requirement in Kenya. It covers liability for bodily injury and property damage caused to a third party by your vehicle. However, it does not provide coverage for your own vehicle’s damage.
How can I file a claim?
Filing a claim is simple and hassle-free. You can reach our dedicated claims team through our 24/7 hotline, email, or visit any of our branches. Our team will guide you through the process and ensure a swift resolution.
What are the additional benefits offered with your motor insurance?
Besides standard coverage, we offer several value-added benefits, including 24/7 Roadside Assistance, Excess Protector, Political Violence and Terrorism Coverage, and Loss of Use coverage for alternative transportation expenses.
How do I renew my motor insurance policy?
You can conveniently renew your policy online through our Mini-App on Mpesa App, our USSD short-code *828# or visit any of our branches. Our team will also send you timely reminders to ensure you never miss the renewal date.
Are there any exclusions in the motor insurance policy?
Like all insurance policies, there are certain exclusions, such as driving under the influence of alcohol or drugs, participating in illegal activities, and using the vehicle for unauthorized purposes. Our team will provide you with complete details during the policy consultation.
Get peace of mind with Madison General Insurance. Secure your drive today!