Insurance brokerage firm Minet Kenya has unveiled
several insurance policies targeting learning institutions.
They include: teaching liabilities, students’ personal accident
covers, assets and other liabilities, pecuniary and institutions’
The teaching institution liability policy covers legal liabilities to
third parties including liability claims related to professional and
managerial negligence, employment practices, defense costs and
reputational crisis management costs, intellectual property infringement
and defamation, special tutoring liability as well as ancillary services
The student personal accident cover on the other hand includes accidental death, permanent
total disability, medical expenses, artificial appliances, accidental
dental injuries as well as funeral expenses.
“Schools and educational institutions face a variety of unique risks
that require specialized insurance protection. From students
participating in sports to the inherent dangers of running chemistry
classes and taking students on field trips, there is a lot that
educational institutions need to manage and protect. That is in
addition to the typical issues most businesses prepare for like property
damage or loss of critical school files and records,” said Minet Kenya
chief executive officer, Sammy Muthui.
Other policies offered include fire and extraneous perils which covers
indemnity for loss of or damage to property resulting from fire,
lightning, explosion, spontaneous combustion, earthquake fire and shock, volcanic eruption, bush fire, riot, strike as well as malicious damages.
“In the last few years, boarding schools in Kenya have experienced
unprecedented number of fire incidents and accidents. Apart from school
infrastructure being destroyed, unfortunate injuries and deaths to
children have been recorded. The launch of these policies is informed by
the desire to minimize the impact of such a loss to any school whenever
such incidents occur,” said Mr. Muthui.
Some of the notable school fire incidents that have occurred in the country include the 1998
Bombolulu Girls fire where 26 students died, the 2001 Kyanguli High
School outbreak that killed 63 students and recently, Moi Girls School
Nairobi where 10 students died.