By definition, Insurance is an arrangement by which a company undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death to the insured (person or thing) in return for payment of a specified premium.
In this context, we shall be talking about car insurance.
In order to get your car insurance, the following are the requirements:
- Driving License
- Copy of Logbook
- Copy of PIN Certificate from you or the Company certificate of registration for companies
- Duly completed and signed proposal from you
- Bio data ( Date of Birth, Marital Status, Occupation, Address, e.t.c)
- Valuation (optional)
- Premium, will be based on the valuation
On the other hand, with digitisation across, you can window shop for some of the insurance options/packages online, strike a balance between the commonly used, promptly paying and listening to the clients needs based on feedback from fellow vehicle owners.
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#InsuranceTheKenyanWay
