General Insurance

Motor Insurance

Nassefu Insurance Agency provides Motor Insurance to take care of the cost of repairs in case your vehicle is involved in an accident or compensation if your vehicle is totally damaged or stolen. This is facilitated by a client paying a premium to the insurance company for a predetermined insurance package that is renewable annually.

Types of Motor Insurance Covers

1. Comprehensive Policy

1. Assists in vehicle repair in case of an accident.
2. Compensates you if your car is stolen or totally damaged.
3. Pays for third party damages.
4. Additional riders include Political Violence & Terrorism Cover, Car Hire, AA Towing Service, among others.

For more details, kindly contact the Insurance agency through +254111018100 or This email address is being protected from spambots. You need JavaScript enabled to view it..

2. Third Party Policy

1. Third Party Insurance Cover covers third party damages only.
2. insurance cover is mandatory in Kenya
3. Pays for third party damages but can also include theft and political terrorism or riot.

Vehicles Covered

Private Vehicles as well as Commercial vehicles are covered and this can be advised further by our sales reps in the Sacco offices.

Domestic Insurance.

This insurance package covers accidental loss or damage to residential homes and/or contents of a dwelling house including valuable items normally carried or worn. It incorporates your personal liability and that of your house hold members. 

The policy also covers the cost and expenses that you incur in the event of death of or injury or disease to your domestic servant arising out of and in the course of his or her employment as defined in the Work Injury Benefits Act.

Public Liability Insurance.

Public Liability covers is a policy that protects against claims of personal injury or property damage that a third party suffers (or claims to have suffered) as a result of your business activities.

Public liability insurance safeguards your business by providing cover against personal injury or property damage claims, including legal defense costs. This gives you the confidence to go about your work, knowing you’re protected if something goes wrong.

It is designed for professionals who interact with customers or members of the public. If you work with clients or customers, or in public spaces, it’s important to protect your business against claims of damage or injury.

Public liability insurance only covers claims made by external parties, not those made by your own employees. Public Liability protects your business against a wide range of circumstances, including:

• Injuries caused by slips or falls on your premises to third parties.
• Death to third parties.
• Loss of or damage to third party property.
• Both legal costs and any legal payouts for which the insured would be responsible if found legally liable.

Annuities

An annuity is a financial instrument issued and backed by an insurance company that provides guaranteed monthly income payments for the life of the contract, regardless of market conditions.

It can be customized based on a variety of options, including how long you think you’ll live, when you want your payments to start and whether you want to leave your income stream to a beneficiary after your death.

Annuities can be optimized for income or long-term growth, but they are not short-term investment strategies. They are for people whose objectives include long-term financial security, retirement income, diversification and principal preservation.

How Do Annuities Work?

Annuities work by converting a lump-sum premium into a stream of income that a person can’t outlive. Retirees need more than social security and investment savings to provide for their daily needs.

Annuities are designed to supply this income through a process of accumulation and annuitization or, in the case of immediate annuities, lifetime payments guaranteed by the insurance company that begin within a month of purchase — no accumulation phase necessary.

In essence, when you buy a deferred annuity, you pay a premium to the insurance company. That initial investment will grow tax-deferred throughout the accumulation phase, typically anywhere from 10 to 30 years, based on the terms of your contract. Once the annuitization, or distribution, phase begins — again, based on the terms of your contract — you will start receiving regular payments.

For more details, kindly contact the Insurance agency through +254111018100 or This email address is being protected from spambots. You need JavaScript enabled to view it..