27th JULY 2020,

Dear Sir/ Madam

RE: EXPRESSION OF INTEREST TO BE YOUR PREFERRED INSURER.

Britam Insurance Uganda Limited is a wholly owned subsidiary of the Britam Group, East & Central

Africa's biggest Insurance Company by Market Capitalization, Geographical foot-print and most
importantly best Claims Service.

Britam was the first and still (five years later) the only Insurance Company to win the highly

coveted Superbrand accolade in the Eastern African region due to our excellent Customer service and
Claim settlement and the first Company on the African Continent to be inducted in the International

famed Balanced Scorecard Hall of Fame for perfect Strategy execution.

These developments among others that have seen the Company continue to post very impressive
growth and this has attracted the IFC - World Bank who have recently acquired a 10.37%

shareholding in the Britam Group, being further testimony to the Company’s massive Strength and

capacity to serve you!

As noted above, Britam Uganda is part of the Britam Group, the region’s biggest insurer with operations
in Kenya, South Sudan, Rwanda, Tanzania, Malawi, Mozambique and Uganda. The Britam Group is a

leading diversified financial services group with primary interests in Insurance, Asset management,
Banking and Property. Britam owns 10% of Equity Bank Group, 48% of Housing Finance Bank of Kenya
making Britam the majority shareholder of the region’s biggest Housing/mortgage financier!

We hereby express our interest to be your preferred insurance service provider. We have a business

relationship with KCB bank where we are listed service providers for the provision of Insurance Services.

On being listed as a Bancassurance service provider Britam brings a wealth of experience in the provision

of outstanding and innovative Insurance solutions and the very best and memorable service in line with
our service level agreement and standards.

We have listed below key products that we shall offer under the Bancassurance partnership and these

are;
24th June 2019,

VAXE COSMETICS INDUSTRY.

Mbarara

Dear Sir/ Madam

RE: EXPRESSION OF INTEREST TO BE YOUR PREFERRED INSURER.

Britam Insurance Uganda Limited is a wholly owned subsidiary of the Britam Group, East & Central
Africa's biggest Insurance Company by Market Capitalization, Geographical foot-print and most
importantly best Claims Service.

Britam was the first and still (five years later) the only Insurance Company to win the highly
coveted Superbrand accolade in the Eastern African region due to our excellent Customer service and
Claim settlement and the first Company on the African Continent to be inducted in the International
famed Balanced Scorecard Hall of Fame for perfect Strategy execution.

These developments among others that have seen the Company continue to post very impressive
growth and this has attracted the IFC - World Bank who have recently acquired a 10.37%
shareholding in the Britam Group, being further testimony to the Company’s massive Strength and
capacity to serve you!

As noted above, Britam Uganda is part of the Britam Group, the region’s biggest insurer with operations
in Kenya, South Sudan, Rwanda, Tanzania, Malawi, Mozambique and Uganda. The Britam Group is a
leading diversified financial services group with primary interests in Insurance, Asset management,
Banking and Property. Britam owns 10% of Equity Bank Group, 48% of Housing Finance Bank of Kenya
making Britam the majority shareholder of the region’s biggest Housing/mortgage financier!

We hereby express our interest to be your preferred insurance service provider. We have a business
relationship with KCB bank where we are listed service providers for the provision of Insurance Services.
On being listed as a Bancassurance service provider Britam brings a wealth of experience in the provision
of outstanding and innovative Insurance solutions and the very best and memorable service in line with
our service level agreement and standards.

We have listed below key products that we shall offer under the Bancassurance partnership and these
are;
 BRITAM INSURANCE PRODUCT BUSINESS PROPOSAL

CLASS OF INSURANCE : INDUSTRIAL ALL RISKS INSURANCE.

COVER: Against loss of or damage caused by:-

1. Fire.
Lightning.
2.
Explosion.
3.
Additional perils extension.
4.
Earthquake, volcanic eruption and subterranean fire, bush
fire.
a)
Storm, wind, water hail or snow.
b)
Aircraft, other aerial devices or articles dropped
therefrom.
c)
Impact by animals, train, trees or vehicles excluding
damage to
d)
such vehicles.
Leakage or discharge from fire extinguishing
e)
installations/appliance like Sprinkler System
Subsidence and Land-slip.
f)
Riot, strike, Civil Commotion and malicious damage.
g)
Spontaneous combustion, fermentation, self-heating.
h)

INTEREST: ( As per schedule of Properties and Assets above )

GEOGRAPHICAL AREA: UGANDA

85% Average clause: Insured value must not be less than
CONDITIONS: i) 85% of
actual value of property.
Electrical Clause: Modified to cover fire or lightning
ii) damage to
electrical machines, apparatus or installations where such
damage results from short circuiting, excessive electricity,
arcing,
self-heating or leakage of electricity or lightning – US$
,000 per
Occurrence
 Insured value to be invoice cost, freight, duties, taxes,
iii) other
incidental costs and installment or erection costs if
applicable
iv) Extensive Clauses
Designation of property.
– Ushs.50,000,000
– Up to 10% of the sum insured.
– 200 Litres
Accountants Clause
Misdescription
eyors, Consulting Engineers
other
professional fees
Vehicle Load.
– up to 10% of all contents
Breach of Warranties.
Workmen‟s Clause.

hoarding
ic Reinstatement of sum Insured after loss
Appraisement Clause
Tenants Clause
-sided buildings
– Ushs.100,000,000/=
Fire Brigade Clause – Limit Ushs. 15,000,000/=
Internal Removal
Temporary Removal

Public Authorities Clause

Definition of Buildings
Adjoining Buildings Clause.
Malicious Damage.
Fire due to Burglary, housebreaking, Larceny or attempted theft.
Damage due to Burglary.
Basis of valuation - Full Reinstatement value.
 Definition of Buildings – Buildings and outbuildings inclusive of landlords
fixtures and fittings attached thereto and all inside and outside
appurtenances attached therein and thereon and inclusive of boundary
walls, gates, and fences, foundations, fire escapes and steps and stone
flagging and underground electricity distribution system,
Cancellation: After 30 days‟ notice
72 hour Clause: where a series of „weather damage‟ losses can be
attributed to one „weather system‟ happening within
72 hour period the terms, limitations and conditions of the policy will be
applied as if to one single loss.

Business interruption Section

1. Accumulation of stock clause
2. Alternative basis clause
3. Alternative trading clause
Company)
4. Expediting expenses clause
5. New/additional premises clause
6. Professional Accountants clause – Ushs.10,000,000
7. Payment on account clause

Claim preparation Costs: Ushs.5,000,000/=

Insurers will pay any amount actually expended by the Insured in producing and certifying any
particulars or details required as specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance covering the same event
b) In informing the Police of any particular claim involving theft (if required by Insurer), or
loss of property and taking all practical steps to discover the guilty party and recovering
the stolen or lost property
c) In providing Insurer with full particulars of claim and such proofs, information,
and sworn declarations as the Insurer may require
d) In cooperation with Insurer, or their nominees, on behalf of the Insurer in minimizing
the loss or damage.
CLASS OF INSURANCE : ELECTRONIC EQUIPMENT.

SUMMARY OF COVER: SECTION I: Material Damage

Against any unforeseen and sudden physical loss or damage to the

equipment and External Data from any causes not specifically excluded
by the Policy whilst working, at rest, being dismantled, or reassembling
for maintenance, movement or repair. (Including Burglary /Theft risks)

INSURED INTEREST:
All electronic equipment of every description and peripheral
equipment belonging to the Insured or for which the Insured is
responsible or has assumed responsibility to insure prior to
occurrence of damage/loss.

Total Sum Insured: As per schedule

SECTION II: External Data Media- As per schedule

To indemnify the Insured against material damage to external

data media inclusive of information stored thereon.
Sum insured is the amount required for replacing lost or
damaged insured external data media by new material and
reproducing information or recompiling program (soft ware)
recorded or stored on data-carrying media, as more fully
described in the Policy wording.

SUM INSURED:

SECTION III: Increased Costs of Working- N/A

If material damage indemnifiable under Section I gives rise to
total or partial interruption of operation of Electronic Data
Processing Equipment (EDP), Insurer will indemnify the Insured
for any additional expenditure necessarily and reasonably
incurred for; for hire of substitute EDP equipment, for personnel
expenses, costs of transportation of materials, express freight
and other incidental costs incurred to mitigate further loss or
keep in operation or production

SUM INSURED: As above

GEOGRAPHICAL LIMITS: Uganda, worldwide for laptop and other portable items

BASIS OF VALUATION: Reinstatement/Full Replacement - If repairable to condition

substantially the same as it was, but not better or more
extensive than when new. If completely destroyed or damaged
 replacement with new item of same kind, capacity, quality and
size.
MAJOR CONDITIONS:
1. Mechanical breakdown covered on condition that there is a
maintenance warranty or contract
2. Power Protection gadgets must be installed
3. Maintenance according to suppliers' recommendations
4. Insured value to be invoice cost, freight, duty/taxes, other
incidentals like erection costs if applicable

PRINCIPAL EXTENSIONS: a) Transit and away from premises

b) Power surge or lightning strikes
c) Temporary Removal
d) Theft or attempted theft
e) Riot, strike and civil commotion
f) Flood, storm and earthquake

EXCESS : 20% of Claim Min Ugx 100,000 for portable items , 10% of loss minimum as
per IRA guidelines Ugx 100,000

MAJOR EXCLUSIONS:

1. War and related risks

2. Nuclear, radiation and related risks
3. Wear, tear, depreciation, corrosion, oxidation, incrustation
4. Wilful negligence of Insured or their agents
5. Losses discovered only at time of taking inventory, unexplained losses
6. Loss or damage due to fault or defects known to Insured before loss
7. Theft by own employees
CLASS OF INSURANCE: FIDELITY GUARANTEE

INSURER : BRITAM INSURANCE COMPANY (UGANDA) LTD

PERIOD OF: 12 MONTHS FROM INCEPTION.

COVER ON: Against loss of money or negotiable instruments or goods or

property belonging to the Insured or for which the Insured
is legally liable directly resulting from any act of fraud,
dishonesty and/or any infidelity of employees during
currency of this Policy.

INSURED PERSON All employees of the Insured

Including liability for loss involving two or more employees
acting in collusion.

AMOUNT OF Circumstances Amount

GUARANTEE: 1. In respect of any one employee per occurrence,
giving rise to a claim – Ushs. As per schedule

2. In the aggregate anyone period of insurance for all

employees - Ushs.

No of staff

EXCESS: 20% of each loss Min Ushs. 1,000,000

CONDITIONS: a) Install, enforce and observe all precautions, checks,

audits and controls to prevent loss and check
accuracy of accounts at all times
b) Have regular audits by Internal and External Auditors
c) Report any cases of fraud or embezzlement to Police
d) Assist Police and/or courts in prosecution and conviction of
suspects
e) Retention of Employees/ Assets- Employer to retain all
salary, commissions and the like, owing to suspect
employee as far as permitted by Law.
PRINCIPAL
EXTENSIONS: i) Automatic reinstatement of Sum Insured –If the Insured
undertakes to pay additional premium at agreed rate on the
amount of loss calculated on prorata basis from date of loss
to expiry of current period of cover, it is agreed that in
event of loss, cover shall be maintained in force for full
aggregate sum insured, but only for other employees of
Insured not the suspect or culprit of fraud.
ii) Accountants’ Clause and Claims preparation costs.
iii) Costs of Recovery – In case of loss due to defined events
which exceeds the Sum Insured, the Insurer will in addition
to the Sum Insured pay to the Insured costs and expenses
up to stated limit necessarily incurred with consent of the
 Insurer for the recovery or attempted recovery from the
employee in regard to whom the claim is made, of that part
of loss which exceeds the Sum Insured. Limit –Ushs.
50,000,000
iv) Goods in care, control or custody of Insured.
v) Including Loss of Stocks/other property of Insured
vi) Discovery period- within 12 months after termination/lapse
of policy
vii) Discovery period – within 12 months after termination of
employment of the suspect employee
viii) Automatic additions and deletions of employees
ix) Policy on Blanket Basis – In respect of all employees of
Insured
x) Computer Fraud cover extension( subject to 20% excess) -
Insurer will indemnify the Insured for any defined event
resulting from the dishonest manipulation of, input into,
suppression of input into, destruction of, or alteration of
any computer programme, system, data or software by any
insured employee who is employed in the insured’s
electronic data processing department or area
xi) Collusion Clause – (Limit Ushs 100,000,000– being a
multiple of the limit per employee depending on the
number of employees involved subject to aggregate limit
any one period of Insurance).
xii) Unidentifiable Employee – cover is afforded where the
employer can prove fraud or dishonesty by employees, but
cannot identify specific individuals. The onus is on Insured
to prove fraud or dishonest of employee and resultant loss.
xiii) Recoveries- Should the Insured incur any liability under this
Policy which exceeds the limit of Indemnity payable
hereunder, the Insured shall be entitled to all recoveries
(except from surety ship, Insurance, re-insurance, security
or indemnity taken or effected by the Insurer or for the
amount of any deductible) by whomsoever made on
account of such loss until fully re-imbursed, less the actual
cost of effecting the same, and any remainder shall be
applied to the re-imbursement of Insurer.
xiv) Cancellation Notice 30 days

GEOGRAPHICAL AREA: Uganda

DEFINITIONS: Occurrence shall mean – any defalcation or series of defalcations

committed by an employee or a number of employees acting in
collusion and discovered not later than 12 months after termination
of policy or not later than 12 months after termination of the
employment of the particular employee(s) is deemed to constitute
an occurrence and considered as one claim under the terms of the
Policy.

Collusion Clause- Any defalcation or series of defalcations

committed by 2 or more employees acting in collusion is deemed to
constitute an occurrence and considered as one claim in terms of
 the policy, and in the event of such a claim arising the limit of
guarantee to be applied shall be deemed to be the aggregate of the
individual amounts guaranteed in respect of all the employees so
involved provided that the liability of the Insurer for such loss in
respect of any one employee shall not exceed the individual
amount guaranteed and in respect of all the employees implicated
in the loss, the amount of guarantee shall not exceed the maximum
guarantee as indicated on the policy schedule.

Fraud or Dishonesty – shall mean acts of default, larceny,

misappropriation, embezzlement, misrepresentation, deception,
forgery, invention, fabrication, false meaning, lying, breach of
promise or trust or of faith, among other infidelities

Claim preparation Costs: Ushs. 5,000,000

Insurers will pay any amount actually expended by the Insured in

producing and certifying any particulars or details required as
specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance

covering the same event
b) In informing the Police of any particular claim involving theft (if
required by Insurer), or loss of property and taking all practical
steps to discover the guilty party and recovering the stolen or lost
property
c) In providing Insurer with full particulars of claim and such proofs,
information, and sworn declarations as the Insurer may require
d) In cooperation with Insurer, or their nominees, on behalf of the
Insurer in minimising the loss or damage.
MAJOR
EXCLUSIONS: The following is a short form listing of major policy exclusions:

a) War and related perils

b) Unexplained shortages or losses.
c) Any consequential losses of any kind
CLASS OF INSURANCE: MONEY

INSURER : BRITAM INSURANCE COMPANY (UGANDA) LIMITED

PERIOD: 12 MONTHS FROM INCEPTION

COVER: Loss of or damage to money (as defined) from any causes not
specifically excluded by the policy and occurring in Uganda.

INTEREST INSURED: Money deemed to include current coins, bank and currency
notes, travellers and other cheques, postal and money orders,
revenue and holiday pay stamps, script and share certificates,
customer’s credit cards, credit card slips and other certificates,
uncrossed and bearer cheques, insurance and current unused
postage stamp, treasury notes, and other documents or
instruments of a negotiable nature.

LIMITS OF COVER: 1. Transits with in Uganda- Ushs

2. In premises during working hours- Ushs.
3. Locked safe /Stromg room after business hours – Ushs.
4. In handa of authorized officers – Ushs
5. Annual Transists –Ushs.

PRINCIPALEXTENSIONS :
 Receptacles – Replacement value
 Clothing or Personal effects – Ushs. 5,000,000
 Locks & Keys for receptacles – Ushs. 5,000,000
 Personal accident/bodily injury to employee during
robbery/Assault – Ushs. 10,000,000
 Including riots, strikes, and civil commotions
 Hold-up and or threat of violence – It is hereby declared and
agreed that the within Policy is extended to cover money of
the Insured which may be lost or stolen as a result of a hold-
up, violence or threat of violence to the Insured or their
agents
 Skeleton keys Clause – Cover extends to loss or damage to
the property Insured caused or accompanied by entry to
receptacles by use of a skeleton key or other similar device
(excluding a duplicate key) provided that the Insured shall
establish to the satisfaction of the company that a skeleton
key or device was used.

GEOGRAPHICAL LIMIT: Uganda

LOCATION: All premises owned, rented, leased or hired by the Insured

anywhere in Uganda
BASIS OF VALUATION: Cash - Replacement.
Receptacle - Replacement.
Receptacle shall mean any safe, strong room, strong box, till,
cash register, cash box, or other receptacle for money or any
franking machine

EXCESS: 10% of claim amount, minimum Ushs. 200,000, 20% for cash in authorized
officers hands.

CONDITIONS:
 Subject to annual declarations of actual cash carryings done
the previous period of Insurance.
 Cancellation Notice 30 days
 Armed Guard warranty for amounts above Ushs. 50,000,000

Claim preparation Costs: Ushs. 5,000,000

Insurers will pay any amount actually expended by the Insured in
producing and certifying any particulars or details required as
specified below, but limited to sum stated in the schedule:

i) In notifying Insurer and giving details of any other Insurance

covering the same event
ii) In informing the Police of any particular claim involving theft
(if required by Insurer), or loss of property and taking all practical
steps to discover the guilty party and recovering the stolen or
lost property
iii) In providing Insurer with full particulars of claim and such
proofs, information, and sworn declarations as the Insurer may
require
iv) In cooperation with Insurer, or their nominees, on behalf of
the Insurer in minimising the loss or damage.

MAJOR EXCLUSIONS: The following is a short form listing of major policy

exclusions
a) War and related risks
b) Shortages due to clerical or accounting errors or omissions.
c) Loss from safes by use of original keys or duplicates
thereof unless such keys have been obtained by violence or
threats of violence.
d) Theft by or dishonesty of own employees not discovered
within 14 working days of the occurrence thereof.
e) In an unlocked safe or strong-room whilst the portion of the
premises containing such safe or strong room is unattended.
CLASS OF INSURANCE : COMBINED WORKERS COMPENSATION & GROUP PERSONAL
ACCIDENT

PERIOD OF COVER: 12 Months

COVER: Payment of benefits as defined, as a result of accidental death or

bodily injury caused by accidental violent external and visible
means to insured persons during the period of insurance.
PRINCIPAL
EXTENSIONS: I) Riot, strike, civil commotion
ii) Burns disfigurement.
iii) Disappearance Clause – after 12 months
iv) Starvation, thirst and/or exposure to the elements
v) Motor cycling – up 750 cc
vi) Cover whilst under influence of prescribed drugs and/or
alcohol.(prescribed by Medical Practitioner) or
vii) Alcohol not exceeding the legal limit as per Ugandan laws
–80mg/100ml alcohol level in blood.
viii) Work-related sicknesses/illnesses including 54 scheduled
diseases
ix) Evacuation costs - 15,000,000/=
x) Artificial appliances –15,000,000/=
xi) Common Law Extension – Limit Ushs. 500M/= per
occurrence and in aggregate
BASIS OF COVER: 24 Hours

TERRITORIAL LIMITS: Worldwide

INSURED PERSONS: a) Population: -

b) Capital Sum Insured: -Ushs.

AGE LIMITS: Up to 75 years

BENEFITS: Insured Event Compensation

1. Death/Permanent Total Disablement: 5 years' earnings

2 Permanent Total Disablement: 5 years’ earnings plus 25%

of CSI if the disabled requires 24hour assistance as per WCA
2000.

3. Temporary Total Disablement: Actual weekly Earnings up

to 96 months

4. Temporary Partial Disablement:50% of Actual weekly

Earnings up to 96 months
5. Medical Expenses including
 Hospitalisation Limit Ushs. 10,000,000/= per person per
Accident.
6. Funeral expenses Limit Ushs.10,000,000/=

(Breakdown of funeral cover is administered by our partnership with Kampala

Funeral Directors as seen herebelow)

BRITAM 24/7 LAST EXPENSE AT NO EXTRA COST

Britam offers 24/7 last Expense level of benefits is herebelow provided under our partnership
with Kampala Funeral Directors Ltd:
ITEM SERVICE PRICE in UGX
1 Medical Procedures 1,000,000
2 Professional Services ( Pall bearers, flowers on stand, 1,000,000
casket tent, trolley and lowering device)
3 Transport-From the deceased’s home to the mortuary 3,000,000
where applicable and thereafter to the burial ground
4 Coffin 3,000,000
5 Grave construction in tiles 2,000,000
TOTAL 10,000,000

7. Transport and incidental costs Limit Ushs. 10,000,000/=

CONDITIONS:
Declarations: You are required to declare the actual salaries paid
out/expended with or one month of the expiry of this Insurance
for premium adjustment purposes.

EXCLUSIONS: The following is a short form listing of major policy

Exclusions:

a) War and related perils

b) Suicide or intentional self-injury
c) Childbirth or pregnancy
d) Racing of any kind involving the use of any
Power driven
 Vehicle
 Vessel
 Craft
e) Mountaineering necessitating the use of ropes,
Winter sports involving snow or ice, professional football
or hang-gliding.
f) Caused solely by an existing defect or other infirmity of
such person
 g) While such insured person is traveling by air other than
as a passenger and not a member of the crew
h) As a result of one’s participation in any riot or civil
commotion.
Claim preparation Costs: 2,000,000/=
Insurers will pay any amount actually expended by the Insured in producing and certifying any
particulars or details required as specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance

covering the same event
b) In informing the Police of any particular claim involving theft (if
required by Insurer), or loss of property and taking all practical
steps to discover the guilty party and recovering the stolen or
lost property
c) In providing Insurer with full particulars of claim and such proofs,
information, and sworn declarations as the Insurer may require
d) In cooperation with Insurer, or their nominees, on behalf of the
Insurer in minimising the loss or damage.

TYPE OF INSURANCE : WORKERS COMPENSATION

SUMMARY OF COVER: To provide compensation to employees in accordance with

Workmen’s Compensation Act in respect of death/ bodily injury or
illness where such injuries arises out of and in the course of
employment including
BENEFITS :
Description Benefits
Death 60 months’ earnings
Per. total disablement 60 months’ earnings
Permanent Partial Percentage as provided in the 2nd
Disablement schedule of the WMC Act 2000
Temporary permanent Actual weekly earnings up to 96
disablement months
Temporary Partial 50% of actual weekly earning up to a
Disablement maximum of 52 weeks
Medical Expenses Actual medical/ hospitalization
expenses but limited to UGX
5,000,000.Per person per event
Funeral Expenses UGX 5,000,000.00 per event
Common law Anyone incident- UGX 100m/=
extension Aggregate anyone year- UGX 200m/=
Artificial appliances UGX 5,000,000 per person
Ambulance/Incidental UGX 5,000,000 per person
transportation
expenses
Special Unique Funeral Extensions In level of benefits is herebelow provided under our
partnership with Kampala Funeral Directors Ltd

ITEM SERVICE PRICE in UGX

1 Medical Procedures 200,000
2 Professional Services ( Pall bearers, flowers 1,000,000
on stand, casket tent, trolley and lowering
device)
3 Transport-From the deceased’s home to 1,000,000
the mortuary where applicable and
thereafter to the burial ground

4 Coffin 1,800,000
5 Grave construction in tiles 1,000,000
TOTAL 5,000,000

CLAUSES :
1. Automatic additions/ deletions
2. Common law liability extension
3. Burns & disfigurement
4. Disappearance clause
5. Exposure clause
6. Common law liability cover

EXCESS : Nil
TYPE OF INSURANCE: PUBLIC LIABILITY & PRODUCTS LIABILITY (CLAIMS MADE BASIS)

PERIOD OF COVER: 12 MONTHS

COVER: To indemnify the Insured for all sums (damages) which they shall
become legally liable to pay consequent upon:
i) Accidental death of or bodily injury or illness of any
person
ii) Accidental loss of or physical damage to tangible
property
iii) Accidental obstruction, tresspass, nuisance or
interference with any right of way, air, light or water or
other easement.
iv) Un intended Wrongful arrest – limit Ushs. 50,000,000
v) Un intended Defamation – limit Ushs. 50,000,000

Occurring during the period of the policy and arising in the

course of or in connection with the Insured’s Business
operations.
BASIS OF
COVER: Occurrence basis, however claims may be made any time after
expiry or cancellation of Policy subject to territorial limitation
laws, provided notification of possible claim was made as soon
as insured was aware of occurrence of defined event(s) during
period of Insurance.

EXCESS: Nil

LIMIT OF
LIABILITY: Limit any one incident – Ushs
Aggregate any one year – Ushs

TERRITORIAL
AREA LIMITS: Anywhere in the World but not in connection with:-

i) Any business carried on by the insured at or

From premises outside or
ii) Any contract for the performance of work outside
Uganda
CONDITION:
No admission, offer, promise or payment shall be made by or on
behalf of the insured without the written consent of the Insurer;
the Insurer may take over and conduct in its name the defence
or settlement of any claim, or prosecute in its name for its own
benefit any claim for indemnity or damages. The Insurer shall
have discretion in the conduct of any proceedings and in
 settlement of any claim, and the Insured shall give all such
information and assistance as the Insurer may require.

Claim Reporting Clause – In the event of non-renewal or

cancellation of the Policy either by the Insurer or by the Insured,
the Insurer will allow a time limit not exceeding the limitation
Period as per Ugandan Limitation Act from the date of expiry or
cancellation of the policy, for notification of claims which had
occurred during the Policy period, provided however, all claims
made during the extended reporting period shall be handled as if
they were made on the last day of the expiring Policy period and
are subject to the limits of indemnity and terms, conditions and
exceptions of the Policy.

PRINCIPAL
EXTENSIONS Policy is extended to include:-
 Additional Insured
 Fire and explosion
 Cross liabilities
 Emergency medical expenses –to indemnify the Insured for
all reasonable expenses incurred by Insured for such
immediate treatment as may be necessary at the time of an
accident causing injury to any person who may be the
subject of a claim for indemnity by the Insured.
 Tenants’ Liability – damage by defined events to premises
hired, leased, borrowed or rented by Insured is covered.
 Loading and unloading of vehicles.
 Medical first aid treatment.
 Food and drink poisoning.
 Car parks – Insurer will indemnify the Insured in respect of
liability due to defined event(s) causing damage to vehicle(s)
and/or their contents and accessories, the property of
tenants, customers, visitors, directors, partners, members or
employees of the Insured using parking facilities provided by
the Insured. Limit: Ushs 30,000,000 per occurrence Ushs
50,000,000 in the aggregate. (Cover includes theft of
vehicle contents )
 Movement of Vehicles –policy is extended to include liability
arising from or in connection with the movement of any
vehicle, trailer or caravan (not belonging to the Insured) by
any person being an employee or acting on Insured’s behalf,
provided such movement of motor vehicle, trailer or caravan
is undertaken to facilitate the carrying on of the insured’s
business.
 Tool of trade.
 Employee’s and visitor’s property.
 Unattached trailers
 Wrongful arrest and defamation – the defined events are
extended to include damages:
a) Resulting from wrongful arrest (including assault in
connection with such wrongful arrest)
b) In respect of defamation
Provided always that the limits of indemnity as stated shall
not exceed -under each of a) and b) and in any one 12
months period of Insurance.
 Lifts, elevators, hoists
 Bailees Liability for Property in Insured’s care, custody,
control (if required)– To indemnify the Insured in respect of
all sums insured which the insured shall be required to pay in
respect of their legal liability as bailees of goods,
merchandise of every description and containers held and/or
stored by them in trust or on commission for which they may
be responsible to their clients and/or customers. Warranted
that the said goods, merchandise of every description and
containers shall be held and stored in the premises owned
and/or leased by the Insured. The Insurer shall not be liable
to make any payment under this extension in respect of
liability due to (i) wilful or illegal sale of property and/or
produce entrusted to the insured, (ii) loss caused by infidelity
of the employees of Insured or persons to whom property
and/or produce is entrusted, (iii) loss due to forged
warehouse receipts.
 Defective sanitary installations
 Animal
 Plant hired or rented out
 Liability for acts of sub contractors
 Social club liability
 Member to member clause
 Legal defense costs – Ushs 20,000,000 per event & Ushs
50,000,000 in Aggregate.
 Cancellation: after 30 days’ notice.
 Security Firms – Ushs 30,000,000 per occurrence and in
Aggregate

Security Firms – Notwithstanding anything to the contrary, if in

terms of contract with a security firm engaged to protect the
Insured’s property in the
course of the business of the Insured stated in the schedule or
persons, the insured becomes legally liable for the acts or
omissions of the employees of the security firm in the course of
their employment, then this section includes such legal liability
to the extent that indemnity would have been granted under
this section had the employees been under a contract of service
to the Insured and not to the
security firm, but not exceeding the limit of liability stated in the
schedule.
 If, at the time of an event giving rise to a claim, the security firm
is entitled to indemnity under any other Policy in respect of the
same event, the Company shall not be liable to make any
payment except in respect of any amount above the amount
payable under such other policy.

Recoveries- Should the Insured incur any liability under this

Policy which exceeds the limit of Indemnity payable hereunder,
the Insured shall be entitled to all recoveries (except from
suretyship, Insurance, re-insurance, security or indemnity taken
or effected by the Insurer or for the amount of any deductible)
by whomsoever made on account of such loss until fully re-
imbursed, less the actual cost of effecting the same, and any
remainder shall be applied to the re-imbursement of Insurer.

DEFINITIONS: Injury – death of or bodily injury, illness disability or disease of or

to any person, including mental injury, anguish, shock, wrongful
arrest, detention, wrongful imprisonment, humiliation, post
traumatic stress, defamation or injury

Damage – loss of use of or damage to property; piracy,

plagiarism, passing off unfair competition or idea
misappropriation, infringement of design, patent copy right,
trade mark, service mark, trade name, title or slogan;
interference with servitude or other infringement of real or
personal rights
MAJOR
EXCLUSIONS: Cover provided excludes legal liability for claims in respect of:-
a. Injury to employees of the Insured (workers compensation).
b. Any vehicle which is required by law to by registered (motor
vehicle).
c. Property damage to property owned by the insured other
than premises leased or rented to the insured.
d. Punitive or exemplary damages.
e. Asbestos related incidents.
f. Liability in consequence of war, and related perils.
g. Liability arising form ionizing radiation or
contamination by radioactivity from any nuclear fuel or from
any nuclear waste.
h. Wrongful advice.
i. Products recall and/or guarantee.
j. Claims in respect of contamination or pollution unless caused
by a sudden, unintended and unexpected event
k. Damage to property on which Insured is or has been working
if such damage results from such work.
l. Goods or products sold or supplied
m. Damage caused by vibration or by the removal or weakening
of or interference with support to any land building or
structure.
 Claim preparation Costs: Ushs. 5,000,000
Insurers will pay any amount actually expended by the Insured in
producing and certifying any particulars or details required as
specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance

covering the same event
b) In informing the Police of any particular claim involving theft (if
required by Insurer), or loss of property and taking all practical
steps to discover the guilty party and recovering the stolen or
lost property
c) In providing Insurer with full particulars of claim and such
proofs, information, and sworn declarations as the Insurer may
require
d) In cooperation with Insurer, or their nominees, on behalf of
the Insurer in minimising the loss or damage.
TYPE OF INSURANCE: GOODS IN TRANSIT

PERIOD: 12 MONTHS FROM INCEPTION.

COVER: ‘All Risks’ of physical loss and/or damage to the whole or part of the property
declared in the course of transit by the means of conveyance declared, including loading and
unloading risks.

CONVEYANCE: By Road

SUM INSURED: Limit per conveyance – Ushs

ESTIMATED: Annual transit – Ushs

GEOGRAPHICAL AREA : East Africa

EXCESS: 10% of the amount claimed, Minimum Ushs. 250,000/=

EXTENSIONS: -
 Riot, strike, and civil commotion, malicious Damage
 Flood, storm, tempest and earthquake
 Loading and unloading risks
 Transhipment/Storage for 14 days at Premises
 Vehicle load
 Rail and/or Road Risks Clause (All Risks
 Costs of recovery

Transit shall be deemed to commence from the time of moving the property described in the
schedule at consignor’s premises (including carrying to any conveyance and loading thereon),
continue with transportation to the consignee (including temporary storage not exceeding 14
days in the course of the journey) and end when off-loaded and delivered at any building or
place of storage at the consignee’s premises.
If any consignee shall refuse to accept property consigned, transit shall be deemed to continue
and the insurance in respect of such property shall continue in force, including incidental
storage, until the property is delivered at the premises of the consignor by any means of
conveyance, provided that the Insured shall take all reasonable steps to ensure that the
property is returned as soon as possible
 Cancellation: after 30 days notice.
EXCLUSIONS:
 War and related perils
 Theft by own employees.
 Consequential loss of any kind.
 Atmospheric or climatic conditions unless the property is conveyed in a closed vehicle
or shall have been covered with a proper tarpaulin.
 Depreciation, deterioration, damp, vermin, insect.
 Claim preparation Costs: Ushs 1,000,000/= Insurers will pay any amount actually
expended by the Insured with their prior consent in producing and certifying any
particulars or details required as specified below, but limited to sum stated in the
schedule:
 In notifying Insurer and giving details of any other Insurance covering the same event
 In informing the Police of any particular claim involving theft (if required by Insurer), or
loss of property and taking all practical steps to discover the guilty party and
recovering the stolen or lost property
 In providing Insurer with full particulars of claim and such proofs, information, and
sworn declarations as the Insurer may require
 In cooperation with Insurer, or their nominees, on behalf of the Insurer in minimising
the loss or damage.
TYPE OF INSURANCE: MARINE CARGO (OPEN)

INSURER: BRITAM INSURANCE COMPANY (UGANDA) LTD

PERIOD 12 MONTHS FROM INCEPTION

COVER: Against loss of or damage to property of the insured

(Including legal liabilities for general average and salvage where
applicable whilst in transit by means of the specified conveyance
within the geographical limits and condition specified in the
policy.

CONVEYANCE: By Air/sea/land

INTEREST: To Be advised

GEOGRAPHICAL
AREA LIMIT: At and from port or ports, place or places anywhere in the world
to Uganda
Sum Insured
 Metals Export – Up to Consignment value per per vessel,
aircraft or conveyance; 20% anyone location
 Imported Orders – Upto Consignment value per vessel,
aircraft or conveyance; 20% anyone location

EXCESS: 10% of claim Minimum Ushs. 250,000/=

BASIS OF VALUATION: Invoice cost plus 30% (being freight, taxes/duties and expenses
of and incidental nature). The same costs to be included in Sum
insured by Proposer
PRINCIPAL
EXTENSIONS: Covering shipments in accordance with the following clauses:
 Institute cargo clauses (A)
 Institute cargo clauses (Air)
 Institute strikes clauses (Cargo)
 Institute strikes clauses (Air cargo)
 Institute war clauses (Cargo)
 Institute war clauses (Air Cargo)
 Institute war clauses (Sending by post)
 Institute classification clause
 Institute standard conditions for cargo contracts
 Transhipment held covered at rates to be agreed
 Institute replacement clause
 Institute malicious damage clause
 Including risks of loading and unloading
 Institute theft pilferage and non-delivery(insured value)
 Cancellation 30 days
Claim preparation Costs: Ushs. 2,000,000
 Insurers will pay any amount actually expended by the Insured in
producing and certifying any particulars or details required as
specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance

covering the same event
b) In informing the Police of any particular claim involving theft (if
required by Insurer), or loss of property and taking all practical
steps to discover the guilty party and recovering the stolen or
lost property
c) In providing Insurer with full particulars of claim and such proofs,
information, and sworn declarations as the Insurer may require
d) In cooperation with Insurer, or their nominees, on behalf of the
Insurer in minimising the loss or damage.
MAJOR
EXCLUSIONS: The following is a short form listing of major policy exclusions:

a. War and related perils and terrorism on land

b. Wilful misconduct of the Assured
c. Inherent vice or nature of the subject matter Insured
d. Ordinary wear and tear of the subject matter
Insured
e. Radioactive contamination
f. Nuclear risks
g. Delay or loss of market or any consequential
loss of any kind
TYPE OF INSURANCE: PROFESSIONAL INDEMNITY (CLAIMS MADE BASIS)

PERIOD: 12 months from inception

COVER: Against legal liability for the consequence of

Alleged errors, negligence, omission, erroneous
commission or mistake occurring or alleged to have
occurred on the
Part of the Assured or those acting on behalf
Of the Assured in the services rendered or which should
have been rendered to a Client

LIMIT OF INDEMNITY:
Anyone accident –anyone period of insurance –Ugshs. As per schedule
Any one period of Insurance – Ugshs. As per schedule

PRINCIPAL
EXTENSIONS:
 Legal costs with Insurers consent
 Loss of documents, data, information
 Claims preparation costs
 Waiver of Subrogation right against Employees
 Libel, slander or defamation
 Extended Claim Reporting Clause – subject to
Limitation Laws of Uganda
 Claim Series Clause
 Amendment of Dishonesty exclusion - Dishonesty,
fraud or malicious actions of employees of Insured
are held covered (as distinct from dishonesty, fraud
or malice of partner, employer or director). However,
the indemnity provided by this extension shall not
apply to any claim brought about or contributed to by
any partner or director of the Insured, or any
predecessor in business of the Insured.
 Cancellation Notice 30 days

CONDITION: No admission, offer, promise or payment shall be made

by or on behalf of the insured without the written
consent of the Insurer The Insurer may take over and
conduct in its name the defence or settlement of any
claim, or prosecute in its name for its own benefit any
claim for indemnity or damages. The Insurer shall have
discretion in the conduct of any proceedings and in
settlement of any claim, and the Insured shall give all
such information and assistance as the Insurer may
require.
EXCESS: 10% of each and every claim, Min 1,000,000/=
INTEREST: (Advise designations and the number of personnel and
staff involved in provision of professional services,
including all staff of the Assured.)

DEFINITIONS: Defense Costs: Insurer will pay all costs, fees or expenses
incurred with their prior consent in investigation, defense
or settlement of any claim made against the Insured and
the costs of representation at proceedings in respect of
matters which have a direct relevance to any claim made
or which may be made against the Insured, provided such
claim or claims are the subject of indemnity. Such costs,
fees and expenses are called Defense Costs.

Claim Reporting Clause – In the event of non-renewal or cancellation

of the Policy either by the Insurer or by the Insured, the Insurer will
allow a time limit not exceeding the limitation Period as per Ugandan
Limitation Act from the date of expiry or cancellation of the policy, for
notification of claims which had occurred during the Policy period,
provided however, all claims made during the extended reporting
period shall be handled as if they were made on the last day of the
expiring Policy period and are subject to the limits of indemnity and
terms, conditions and exceptions of the Policy.

Claims Series Clause – For purpose of this policy where a series of

losses are attributable directly or indirectly to the same cause or error
or omission relating to discharge of professional services all such
losses shall be added together and shall be treated as one claim and
such claim shall be deemed to have occurred at the point in time
when the first of the claims occurred.

Waiver of Subrogation Rights against Employees – if any payment is

made under this policy in respect of any claim and the Insurer is
thereupon subrogated to all the Insured’s rights of recovery in relation
thereto, the insurer shall not exercise any such rights against any
employee of the Insured unless the claim has been brought about or
contributed to by the serious or willful misconduct of the employee.

Loss of documents- notwithstanding anything to the contrary, if

during the period specified in the schedule, the Insured shall discover
that any documents (as hereafter defined), the property of or
entrusted to the Insured or its predecessors in business, which may
now or hereafter be, or be supposed to be, in custody of the Insured,
or any other person to or with whom such documents have been
trusted, lodged or deposited by the Insured in the ordinary course of
business, have, while within the territorial limits specified in the
Policy, been destroyed or damaged, lost or mislaid and after diligent
search cannot be found, the Insurer will:
 i) indemnify the Insured for legal liability as per policy limits
ii) costs and expenses of whatever nature incurred by the Insured
in replacing or restoring the documents
iii) costs and expenses incurred with the written consent of Insurer
in defense or settlement of any claim

Document – documents means deeds, wills, agreements, maps, plans,

records, books, letters, certificates, forms, documents whether
printed or reproduced by any other method other than bearer bonds,
coupons, bank notes, currency notes and negotiable instruments)

Queens’ Counsel Clause– The Insured shall not be required to contest

any legal proceedings unless a Queens Counsel (or lawyer to be
agreed upon by the insurer and Insured) shall advise that such
proceedings should be contested.

Dishonest or fraudulent act or omission shall mean an act or omission

on the part of any officer or employee of the Insured which was
committed with the manifest intent to cause a third party, to whom
the Insured may be held legally liable, to sustain a loss”
MAJOR
EXCLUSIONS: The following is a short form listing of the
Major policy exclusions: -
i) Any criminal act committed while in
Violation of any law or ordinance by employer,
partner or director or predecessor in business of
the Insured
ii) War and related risks and terrorism
iii) Services rendered while under the influence of
intoxicants or narcotics
iv) Any service given by other person not in the
employment of the Insured or not engaged by
the Insured for the provision of professional
services.
v) Millennium related risks
vi) Liability assumed by agreement that would not
otherwise attach
vii) Fines, penalties, punitive or exemplary damages
Claim preparation Costs: Ugshs 1,000,000/=

Insurers will pay any amount actually expended by the Insured in producing and certifying any
particulars or details required as specified below, but limited to sum stated in the schedule:
i) In notifying Insurer and giving details of any other Insurance covering the same
event
ii) In informing the Police of any particular claim involving theft (if required by
Insurer), or loss of property and taking all practical steps to discover the guilty party
and recovering the stolen or lost property
iii) In providing Insurer with full particulars of claim and such proofs, information, and
sworn declarations as the Insurer may require
 iv) In cooperation with Insurer, or their nominees, on behalf of the Insurer in
minimising the loss or damage.

TYPE OF MARINE HULL INSURANCE

SUMMARY OF COVER: Cover accidental loss of or damage to the Ferries and its accessories and
spare parts whilst thereon due to any cause- Accidental loss; Fire; Theft
and damage caused by storms, riots, strikes, civil commotion and
malicious damage other than those causes excluded by the policy

INTEREST & As per Schedule

SUM INSURED
Excess 15% of Each and every loss for partial losses; minimum Ushs.,000,000/=
for own damage and Nil for Third party liabilities

SITUATION: Various
EXTENSIONS

Third Party Bodily Ushs.20M Agg. Ushs 50M

injury/Death
Third Party property
damage- 50M
Claims preparation Actual up to Ushs. 2,000,000/=
costs
MAJOR EXCLUSIONS War and related perils and terrorism
Theft by own employees
Loss of Use (consequential loss of any kind)
Depreciation, wear and tear
Mechanical or electrical failures or breakages
Any Ferry being driven by or in the charge of any person under the
influence of any drug or intoxicating liquor
TYPE OF INSURANCE: HOUSE HOLDERS INSURANCE /DOMESTIC PACKAGE
SUMMARY OF COVER: Loss of or Damage to Property Insured from any Unforeseen Cause
such as but not restricted to All Types of Fires, Lightning, Full
Explosion, Earthquake (Fire, Shock and Volcanic Eruption), Bush
Fire, Spontaneous Combustion, Subterranean Fire, All Types of
Impact (Aerial, Land, etc.), Riot, Strike and civil commotion,
Malicious Damage, Theft, Larceny, Burglary, All Types of Water
Damage and Special Perils A - H.

LOCATION : On any property or land owned, leased, rented or otherwise

occupied by the Insured anywhere in Uganda

INTEREST AND SUM

INSURED :
1. 85% average condition
2. adjoining building clause
3. including damage by falling aerials, telecom masts, other
aerial objects
4. all risks section single article clothing / personal effects limit
5. alternative accommodation – 15% of building (or contents
where building is not covered) sum insured
6. Reimbursement or cost of removals
7. automatic reinstatement of loss clause
8. breach of conditions clause
9. bush fire
10. cancellation (30 days) clause
11. Capital additions clause – 10%
12. cross liability clause
13. debris removal costs clause –Ushs. 5,000,000-
14. earthquake excess memo
15. fire brigade charges clause
16. including cover for impact damage to building by insured’s
own vehicles: excess: Ushs. 250,000-
17. landlord’s fixtures & fittings clause
18. locked vehicle clause
19. loss reduction clause
20. malicious damage clause
21. misdescription clause
22. mortgage clause (where applicable)
23. Including Storm, Tempest or Flood damage to permanent
perimeter walls
24. petrol & mineral oil warranty
25. reinstatement clause (buildings)
26. replacement value clause (contents)
27. riot, strike and civil commotion clause
28. including spontaneous combustion
 29. subrogation waiver clause
30. temporary removal clause (internal & external)
31. tenants clause either with insured as tenant or the insured
as owner.
32. Including damage by falling trees or tree branches
33. un-occupancy 7 days for contents and 30 days for
buildings, otherwise - for more days - prior advice to the
insurer and security arrangements in force
34. Items of jewelry valued in excess of Ushs. 750,000/- to be
declared.
35. Jurisdiction Clause – Uganda
36. Including cover for contents whilst temporarily in the open
37. Theft by or involving servant: excess-15% of loss.
38. Including armed hold-up/robbery with violence

EXCESS : 10% of each and every claim, minimum Ushs. 100,000 for
Sections A, B and C only
TYPE OF INSURANCE: MOTOR FLEET ( COMPREHENSIVE)

PERIOD OF COVER: 12 MONTHS FROM INCEPTION

COVER: Part 1: Own Damage/Theft

Against accidental/loss of or damage to the motor vehicle and its

accessories and spare parts whilst thereon due to any cause
other than those causes specifically excluded by the policy.

Part 2: Liability to Third parties

Any accident caused by or through or in connection with any

vehicle described in the schedule or in connection with loading
and/or unloading of which the Insured and/or any Passenger
becomes legally liable to pay all sums including claimants’ costs
and expenses in respect of:

a) Death of or injuries to any person (excluding

employees or family members)
b) Damage to property other than property
belonging to the Insured or in care, custody or
control of Insured, or being conveyed by,
loaded on to or unloaded from such vehicle
GEOGRAPHICAL
AREA/LIMITS: Within Uganda

SUM INSURED/LIMITS OF
LIABILITY: Part 1 –
No of Vehicles –As per Schedule vehicles
Sum Insured – As per Schedule below

Third-Party Limits
a) Any one accident Ushs. 50,000,000 per person per
occurrence
a) Aggregate – Ushs. 100,000,000 per occurrence
b) Property Damage –Ushs. 100,000,000 per occurrence

PRINCIPALEXTENSIONS:
 Unauthorized passengers liability
 Including use by motor trader
 Locks and keys extension – Insurer to indemnify the Insured
in respect of the cost of replacing locks and keys, including
the remote alarm controller and, if necessary, the
reprogramming of any coded alarm system of any insured
vehicle, following upon the disappearance of any key or
alarm controller of any such vehicle or following upon the
 Insured having reason to believe that any un-authorised
person may be in possession of a duplicate of such key or
alarm controller, provided; the Insurer’s liability shall not
exceed for any one event, the amount stated, and that the
Minimum amount payable and NCD shall not apply. Limit
shs.2,000,000/=
 Parking Facilities & Movement of Vehicles –policy is
extended to include liability arising from or in connection
with the movement of any vehicle, trailer or caravan (not
belonging to the Insured) by any person being an employee
or acting on Insured’s behalf, provided such movement of
motor vehicle, trailer or caravan is undertaken to facilitate
the carrying on of the insured’s business
 Windscreen and glass extension – Replacement
 Medical expenses – Limit Ushs.5,000,000/= per person
 Riots, strikes, and civil commotion, malicious damage, flood,
earthquake, storm, hurricane, tempest
 Liability of passengers – Notwithstanding anything to the
contrary herein the cover under Part 2 of the Policy extends
to include legal liability of Passengers, caused in the course
of any passenger being carried in or upon entering or getting
onto or alighting from the Insured vehicle
 Protection and Removal – 5,000,000/=
 Contingent/Vicarious Liability
 Authority to Repair – 2,000,000/=
 Cross Liability
 Towing/Wreckage removal – limit 5,000,000/=
 Fire extinguishing charges – Any costs relating to the
extinguishing or fighting of fire shall be deemed to be
damage to the Insured vehicle and shall be payable in
addition to any other payment for which the Insurer maybe
liable, provided the Insurer is legally liable for such costs and
the Insured vehicle was in danger from the fire.
 Cancellation: after 30 days notice

Additional Non Conventional Extensions only uniquely offered by Britam applicable to

private vehicles.

 PVT – Free
 24 hour road rescue- Free
 Cover to East Africa excluding third -party liabilities- Free
 Pre-insurance valuation by Automobile Association of Uganda (AAU)- Free
 Cost of emergence Accommodation for 2 staff following accident outside the town of
residence- Actual up to Ugx 150,000 per claim
 Other benefits and services that shall be offered to the Insured – Free
 Free vehicle average running costs
 Free information on state on state of roads, border crossings and other vital facts both
locally and internationally
  20% discounts on driver testing
 20% discounts on International Driving Permits.
 20% discounts on defensive tactics and refresher courses.

BASIS OF VALUATION: Market Value.

EXCESS:
a) 10% of each loss Min Ushs. 100,000
b) 15% Mini. Ushs. 100,000 for Theft & Total loss claims
c) Nil for Third Party Liabilities

CONDITION: No admission, offer, promise or payment shall be made by or on

behalf of the insured without the written consent of the Insurer
The Insurer may take over and conduct in its name the defence
or settlement of any claim, or prosecute in its name for its own
benefit any claim for indemnity or damages. The Insurer shall
have discretion in the conduct of any proceedings and in
settlement of any claim, and the Insured shall give all such
information and assistance as the Insurer may require.

USE: Social, domestic, pleasure and Insured’s business

DRIVERS: Any person authorized by the Insured and holding a

Valid Licence.
ROAD/DRIVING
LICENCE CLAUSE It is warranted that no claim shall be admissible (except so far as
necessary to requirement of the legislation) unless the driver
holds a valid driving permit, and class which is in force at the
material time the vehicle is involved in accident giving rise to a
claim and the vehicle is duly licensed to be on the road.

Provided that any driver shall be deemed to be licensed to drive

the vehicle if he is complying with the licensing laws relating to
the Policy geographical area, or non-compliance with any
licensing law is solely because of failure of renewal of any license
subject to periodic renewal, and if a license is not required by
law, or while such driver is learning to drive and is complying
with the laws relating to learners.
Provided the Insurer is not prejudiced as regards subrogation or
otherwise.
Claim preparation Costs: 2,000,000/=
Insurers will pay any amount actually expended by the Insured in
producing and certifying any particulars or details required as
specified below, but limited to sum stated in the schedule:

a) In notifying Insurer and giving details of any other Insurance

covering the same event
b) In informing the Police of any particular claim involving theft
(if required by Insurer), or loss of property and taking all
 practical steps to discover the guilty party and recovering the
stolen or lost property
c) In providing Insurer with full particulars of claim and such
proofs, information, and sworn declarations as the Insurer
may require
d) In cooperation with Insurer, or their nominees, on behalf of
the Insurer in minimising the loss or damage.
MAJOR
EXCLUSIONS: The following is a short form listing of major policy exclusions:
a) War and related perils and terrorism
b) Theft by own employees
c) Loss of use (Consequential loss any kind)
d) Damage to tyres by braking, punctures, cuts,
or bursts.
e) Depreciation, wear, and tear, mechanical or
electrical breakages
f) Any driver with the general consent of the Insured who, to
the Insured’s knowledge is under the influence of
intoxicating liquor or drugs (unless administered by medical
personnel).
TYPE OF INSURANCE: POLITICAL VIOLENCE SABOTAGE AND TERRORISM:

PERIOD OF COVER: 12 MONTHS FROM INCEPTION

POLICY COVERAGE:
1. Sabotage:
Deliberate subversion that causes damage or destruction of
property.

2. Terrorism: Unlawful use of violence against

persons or property to further political
objectives.

3. Mutiny: Wilful resistance by members of legally

constituted, armed or peace keeping forces
acting in concert against superior officer(s).

4. Rebellion: Organized and open resistance by force of

arms, to all the laws or operation of a government,
committed by its citizens.

5. Coup d‟etat: Overthrow of an existing government by a

group of its citizens or subjects.

6. Insurrection: Violent rising of citizens of citizens or

subjects in resistance to their
government.
7. War and related risks
INTEREST: All property of the insured including all tangible and personal property of any description
whatsoever now or hereafter existing in any form including but not limited to buildings, contents,
stock, plant AND machinery and all as more fully described in the policy.

DEDUCTIBLE: Physical damage 10% minimum: USD 50,000.

CHOICE OF LAW AND JURISDICTION: Uganda

MAJOR CONDITIONS:

1. Statement of loss – Insured to file detailed, sworn statement of loss as soon as practicable.

2. Insured to take due diligence and take reasonable steps to minimize loss.

3. Insured to take reasonable measures not to disclose existence of the policy.

4. Insured to disclose any other policy covering same risks if any.

5. Insured to cooperate with insurer in matters relating to Insurance.

6. Insurer will not be liable for prolongation of interruption period due to delay in
repair of damaged property or procurement of spare parts caused by delay due to import/export
restrictions, customs regulations, currency or any other regulations imposed by government or
Public authority or unavailability of spare parts

7. Sum insured shall include invoice cost, freight, duties, taxes, erection or installation and all incidental
costs

37
CLASS: CONTRACTORS PLANT AND MACHINERY.

Period: (12 months)

Cover Summary: Cover against unforeseen and sudden physical loss of or damage to
the insured items, necessitating their repair or replacement. Cover
operates when plants are at work or rest, being dismantled for
purpose of cleaning, overhauling and reassembling
Cover also applies when equipment is being shifted from one point
to another at the same project.

Sums Insured and Interest Covered:

Territorial Limits: Uganda

Sub-Limits:
Clearance and Debris Removal
Escalation Clause

Third Party Liability Section

1. Anyone loss/occurrence – Ugx 20M
Aggregate during the period of insurance – Ugx 20M
2. Third party Property Claims – Ugx 20M

Claim Excess: 10% of claim Amount minimum Ugx 500,000

SUBJECT TO OUR POLICY TERMS AND

CONDITIONS
DATE: 27th JULY 2020

PREPARED BY:

Alonsio Okongo
BUSINESS DEVELOPMENT MANAGER.

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