WIBA Insurance Cover
WIBA stands for Work Injury Benefits Act and is an Act of Parliament 92007) designed to provide for compensation to employees for work related injuries and diseases contracted in the course of their employment and connected purposes. Who is required to have it?
The Act clearly states that it is the responsibility of every employer to obtain an insurance policy for the safety, health and well-being of their employees, working at the organization or business premises. ALL employers are therefore required by law to take the WIBA Cover for their Employees.
What does WIBA Cover?
WIBA covers your employees against accidental bodily injury, disablement, or death whilst on duty and engaged in the execution of your business &/or any project undertaken by you, the injury or illness must arise out of and in the course of employment.
Benefits of a WIBA Cover to the Employer:
- Death – Compensation is equivalent to a maximum of 8 Years earnings or 96 Months earning.
- Permanent Total Disability – Compensation is equivalent to a maximum of 8 Years earnings or 96 Months earning.
- Temporary Total Disability – Compensation is equivalent to weekly earnings up to a maximum of 52 Weeks.
- Medical Expense – The policy provides for a free cover limit up to Kshs. 100,00/- per employee. However, the insured may opt for an upper limit.
- Funeral/Last expense cover – The policy provides for a free cover limit up to Kshs. 30,00/- per employee. However, the insured may opt for an upper limit.
How Much does WIBA Cost?
The cost of WIBA Insurance cover differs from company to company and will be calculated based on your employees’ earnings and nature of their work.
How can I get the WIBA Cover?
KATO insurance Agency is in a position to address your WIBA requirements.
For more information contact:
Dominic Mokua
Insurance Agency Manager
Email: insurance@katokenya.org
Mobile: 0726711986
