No. Motor Third Party Risks cover is compulsory in Kenya. Driving without this insurance is illegal in Kenya.
No. As the name suggests, Motor Vehicle Comprehensive policy only protects damage or loss to the motor vehicle and any claim made by the third parties. As such the policy does not pay any claim for loss or damage made by the policyholder. Policyholders are therefore advised to buy separate insurance to protect them against losses arising from the use of the vehicle.
Insurance Premium Tax Relief (IPTR) is a benefit offered by the Government to resident life insurance policyholders. Under the relief, the insured is entitled to a tax relief of 15% of the premium paid but shall not exceed KES 60,000 per year.
No. motor Insurance policies are not transferable because they are personal in nature.
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