Mahiga Mairu Avenue, Westlands
enquiries@smartinsurance.co.ke
Directors and Officers Liability Insurance Policy (D&O) offers protection for company directors and officers against claims made by shareholders, employees, and other stakeholders due to the actions taken by the Officer and Directors of the Company in the discharge of their duties.
This policy compensates the Insured against all claims made during the Period of Insurance which the Insured shall become legally liable to pay in respect of accidental death of or bodily injury (including illness) to any person; and/or accidental loss of or damage to tangible property arising from anything harmful or defective in any products manufactured, assembled, processed, modified, repaired, serviced, altered, labelled, handled, sold or supplied by or through the Insured in the course of or in connection with the insured’s business and the defective condition of the containers of such products
With this policy, your Organization will be compensated against all sums which it will become legally liable to pay in respect of accidental death of or bodily injury or disease contracted by any person and/or accidental loss of or damage to material property, occurring through the fault or negligence of your Organization and in connection with its business at any time during the Period of Insurance or any subsequent period for which the cover is in force.
This insurance provides security for Insured businesses against loss of profit which would otherwise have been earned had the fire damage not occurred. This cover provides peace mind to business owners against such effects of fire. The compensation is for the Gross profits lost and for wages paid out during the period when the business is interrupted.