We keep our word

KENYA SECONDARYSCHOOLS HEADSASSOCIATION

Our Purpose (mission) To enable people achieve financial security.

Our VisionTo be a world-class provider of insurance and other financial services.

Our Core ValuesIntegrity - Be fair and transparentDynamism - Be passionate and innovativePerformance - Be efficient and results driven Cooperation - Live the cooperative spirit

CIC Insurance Group is a leading Cooperative Insurer in Africa, providing insurance and related financial services in Kenya, Uganda, South Sudan and Malawi.

The Group offers a wide range of products including General Insurance, Life Assurance, Medical Insurance and Asset Management services. It is a pioneer and leader in Micro-insurance. The Group’s focus on innovation and excellence in service delivery has differentiated it in the market and earned it National and International recognition.

CIC SCHOOLGUARD INSURANCE

THE SCOPE OF COVERThe CIC Schoolguard insurance is a multi-peril tailor made policy to cover schools and other learning institutions against loss or damage to property, teaching and non-teaching staff as well as third party liabilities.

KEY BENEFITS• Loss of cash in a locked safe or cash box cover upto Kshs. 20, 000• Loss or damage to school items following fire, collision or overturning of the conveying vehicle upto a limit of Kshs. 50,000• Goods in the open cover upto Kshs. 20,000• Hold up cover• Loss or damage to students’ personal efftects following a fire - maximum Kshs. 5,000 per student• Personalized service by a relationship manager• Third party liability cover• Cover incase of riot, strike, civil commotion and malicious damage

SECTION A - FIRE & PERILSProperty insured include all buildings, swimming pool, furniture, fixtures and fittings, food stocks, books and any other similar property against loss or damage occasioned by the following risks:• Fire• Lighning• Earthquake• Special Perils• Floods & storm• Riot, strike, civil commotion and malicious damage• Explosion as a result of domestic gas cylinders and appliances

Premium indicationsSUM INSURED 20M 25M 50M 100M 150M 200MANNUAL PREMIUM 25,000 31,250 62,500 125,000 187,500 250,000

SECTION B - ALL RISKSInsurance under this section is specifically arranged for computer and accessories, laptops, photocopiers, fax machines and other electronic equipment

This cover offer financial compensation following loss or damage to the equipment the event accidental breakage, theft or fire. Indicative rate 1.5% of sum insured

SECTION C - PUBLIC LIABILITYPublic Liability insurance is designed to cover 3rd party legal liability claims in and out of the schools premises. Such claims may be in respect of accidental death, bodily injury or accidental damage to property.

Premium indicationsSUM INSURED 2M 3M 4M 5M 10M 20M 50MANNUAL PREMIUM 2,000 3,000 4,000 5,000 10,000 20,000 50,000NB: Premium are not inclusive of levies

CIC SCHOOL BUS INSURANCEThe CIC School Bus Insurance is a customized policy that offers a wide range of unique benefits. It allows the insured/school management to enjoy peace of mind as they focus to promote quality education.

• Accidental damage or overturning • Accessories - Alternators and starters • Damage by fire • Loss of use • Malicious damage • Excess waiver • Third party liabilities • Perils of nature e.g floods • Theft • Terrorisim and Political Risks

SCHOOL BUS

CIC SCHOOL BUS INSURANCE

The Scope of CoverThe CIC School Bus Insurance is a customized policy that offers a wide range of unique benefits. It allows the insured/ school management to enjoy peace of mind as they focus on promoting quality education.

Basic Cover• Accidental damage or over turning• Damage by fire• Malicious damage• Theft• Third party liabilities• Perils of nature e.g. floods

Extra Benefits At A Glance• Free valuation• Geographical area – East Africa• No blame no excess• Windscreen cover up to Kshs. 30,000/- extra cover charge 10%• Radio cassette cover up to Kshs. 20,000/-• Emergency medical cover up to Kshs. 30,000/-• Towing charges of up to Kshs. 50,000/- extra cover charge 10%• Authorized repair limit Kshs. 50,000/-• Third party property damage up to Kshs. 5,000,000/-• Passenger legal liability for students and staff• Riot, strike and civil commotion• Cover for alternators and starters subject to reinforcement

Excess Applicable• Own damage and partial theft 5% of value minimum Kshs. 20,000/- and maximum of Kshs. 150,000/-• Theft with anti-theft device 10% of value minimum Kshs. 20,000/-• Theft without anti-theft device 25% of value minimum Kshs. 20,000/-• Theft with tracking device from our appointed provider 5% of value minimum Kshs. 20,000/-• Third party person injuries nil• Young and/or inexperienced drivers excess 25% of value minimum Kshs. 10,000/- over and above own

damage excess. (These are drivers who either have less than two years driving experience and/or are not older than 30 years or both).

Extra Benefits At Additional Premium1. Passenger legal liability for organized groups: One off payment Kshs. 250 per seat2. Excess waiver: Own Damage – 0.5% of value minimum Kshs. 10,000 Own Damage and Theft with an operational anti-theft – 1% of value minimum Kshs. 10,0003. Terrorism and political risk Political violence at 0.3% of the sum insured, minimum Kshs. 5,000

CIC STUDENTS PERSONAL ACCIDENT COVER

• Accidental permanent disabilty • Accident medical expenses • Artificial appliances • Dental treatment • Funeral expenses

CIC STUDENTS PERSONAL ACCIDENT COVER

DefinitionThe policy provides monetary payments as detailed in the schedule of benefits in the event bodily injury to the insured students as a result of an accident.

BENEFIT PLAN 1 PLAN 2 PLAN 3

Accidental permanent disability 100, 000 150,000 300, 000

Accidental Medical Expenses 50,000 75,000 100,000

Cost of artificial appliances 20,000 30,000 30,000

Accidental dental treatment 20,000 20,000 20,000

Funeral expense 50,000 50,000 50,000

Premium 300 388 525

Stabilization and treatment on site 250 250 250

Total Annual Premium 550 638 775

Emergency stabilization and treatment on site by AAR Rescue Services

BENEFITS UNDER THE POLICY BY CIC

i) Accidental permanent disabilty The policy will compensate in monetary terms

for permanent disability to the students as determined by a medical doctor.

ii) Accident medical expenses Medical bills incured as a result of an accident

will be reimbursed upto the policy limit.

iii) Artificial appliances The policy will make monetary payments for

purchase of artificial limbs as recommended by a medical doctor subject to the policy limit.

iv) Dental treatment The policy will pay for the cost of treating

dental injuries resulting from an accident upto the policy limit.

v) Funeral expenses In the event of the unfortunate occurence

of death through an accident, the policy will make monetary payment towards funeral arrangement within 48 hours.

Emergency medical services by AARa) Stabilzation and treatment on site

b) Unlimited emergency ambulance service

c) Transfer to nearest hospital depending on the nature of the emergency

d) Annual basic first aid training to 3 teachers/ staff

e) 24 hours medical helpline

f) 24 hour ambulance service is on standby to take care of any emergency while students are in school or travelling in the school bus

WHAT IS COVEREDAll life threatening conditions which if not attended to immediately might result in death or permament disabiltity and include:• Fall from a height• Fractures and dislocations• Severe back pains• Fainting/sudden collapse• Electrocution• Asthmatic attack• Severe abdominal pains• Severe bleeding• Severe chest pains due to heart attack

PremiumAs low as KShs. 300 per student per year

CIC PRINCIPAL’S MOTOR PRIVATE INSURANCE

CIC PRINCIPAL’S MOTOR PRIVATE INSURANCE

Summary of CoverAny loss or damage by accidental means, theft, malicious damage to the vehicle and third party liabilities (death, injuries and property damage).

Basic Rate3.5% of vehicle value minimum KShs. 20,000/-.

Policy Benefits• Geographical area – East Africa• No blame no excess• Windscreen cover up to KShs. 20,000/-. Extra

cover charge 10%• Entertainment unit cover up to KShs. 20,000/-.

Extra cover charge 10%• Emergency medical cover up to KShs. 30,000/-• Towing charges up to KShs. 30,000/-. Extra

cover charge 10%• Authorized repair limit KShs. 30,000/-• Riot, strike and civil commotion• Pre-inspection and valuation at the time of

first cover

Limits Of Liability• Third party personal injury - unlimited• Third party property damage KShs. 5,000,000/-• Passenger legal liability per person and per

event, KShs. 3,000,000/- and KShs. 20,000,000/- respectively

Policy Excesses• Own damage is 2.5% of vehicle’s value -

minimum of KShs. 20,000/- and maximum of KShs. 100,000/-

• Theft with an anti-theft device is 10% of vehicle’s value - minimum KShs. 20,000/-

• Theft without an anti-theft device is 20% of vehicle’s value - minimum KShs. 30,000/-

• Third party claims – KShs. 7,500/-• Young / novice drivers – 2.5% of vehicle value -

minimum KShs. 10,000/- (additional)

Geographical AreaEast Africa (Subject to payment for COMESA yellow card with regard to third party liabilities)

UseSocial, pleasure and own business

Drivers ClauseAny authorized and licensed driver

Policy Clauses• Cancellation clause (30 days)• Including use by motor trader• Including liability of passengers for acts of

negligence• Unobtainable parts clause• Agreed value basis

Benefits at an Additional Premium• Loss of use (courtesy car) - maximum 10 days

(excluding the first 3 days) at Ksh. 6,000 per unit

• Excess protector - 1% of sum insured of the vehicle, minimum Ksh. 10,000

• Political violence at 0.25% of the sum insured, minimum Ksh. 2,500

Subject to• A completed proposal form• Copy of driver’s license• Copy of Income tax PIN

WORK INJURY BENEFITS ACT (WIBA) INSURANCE POLICY

WORK INJURY BENEFITS ACT (WIBA) INSURANCE POLICY

Summary of Cover• Work Injury Benefits Act (WIBA) Insurance is a replacement of the Workmen Compensation Act (WCA

cap 236 which was repealed and replaced by WIBA in 2007• The Policy is taken by employers to compensate their employees in the event they sustain bodily

injury by accident or disease in the course of employment.• The cover extends to include transportation of employees to and from their places of work and also in

relation to employment to and from social recreational and sporting activities and while participating in such activities

• The cover is also extended temporarily for employees deployed outside Kenya for a period not exceeding twelve (12) months continuously.

• This is a no fault and therefore negligence need not to be proved against employers

Policy Conditions• The cover is subject to declaration i.e. it is

required that the employer keeps a record of earnings and

declare to the insurer actual earnings of all employees at the end of each insurance period

• The insured is required at all times to keep a proper record of all employees including their full names

national identity card number, date and time of engagement ,salaries wages earning for a period of not less than six years

• The insured is also required to establish Safety and Health Committees in the event they are employing

more than twenty employees

The Policy Benefits• Death - which is an equivalent of eight years’

salary maximum Kshs.10,000,000/- per employee

• Permanent total disability - which is a percentage of the death benefit de pending on degree of disability suffered again the upper ceiling Kshs.10,000,000 per employee

• Partial disability - which is an equivalent of actual earning but should not exceed twelve months earnings

• Medical expenses - actual medical expenses incurred as a result of an injury or illness subject to a maximum of Kshs.100,000/-

• Funeral expenses - the limit is Kshs.30,000/- per deceased person

Summary of BenefitsDeath: 96 Months EarningsPermanent Total Disability: 96 Months EarningsTemporary Total Disability: Actual weekly earnings, Max. 12 monthsMedical Expenses: Kshs.100,000/- per person per accidentFuneral Expenses: Kshs.30,000/-

Policy LimitsAny one person: Kshs.10,000,000/-Any one incidentor event: Kshs.25,000,000/-Any one period: Kshs.50,000,000/-Medical expenses: Kshs.100,000/-Funeral expenses: Kshs.30,000/-

The Policy does not take care of common law claims and it is advisable that the insured considers taking an employers’ liability cover.

Premium RatingAdministrative staff 0.694%Teachers 1.140%General Workers 1.974%Kitchen Staff 1.974%Driver 3.800%Watchmen 8.400%

MEDICAL SCHEME

MEDICAL SCHEME

Product Overview:

This is a hospitalisation cover that protects insured members’ and their declared dependants against valid hospitalisation medical expenses arising from both illnesses and accident.The annual cover limit is per individual or shared per family.

Valid medical expenses are covered 100% (no excess).

Members of the KSSHA (maximum age at scheme entry is 66 years and automatic coverage thereafter.

Their spouses (maximum age at scheme entry is 66 years and automatic coverage thereafter.

Their own or legally adopted children from 30 days to 21 years of age.

In-Hospital Expense Covered

• Hospital accommodation• Doctors’ fees• Theatre charges• Diagnostic tests• Prescribed drugs / dressings• Surgical appliances• Physiotherapy, chemotherapy, radiotherapy• Day care surgery• Emergency road ambulance services in partnership with Avenue Health Care Services.• Accident, dental and optical injuries up to full cover• Specified benefits for non-accident dental & optical claims• Overseas extension of cover up to 60 days while on holiday or business visit• Emergency air evacuation in partnership with ICAA• Resident mother or guardian expenses for children under 7years of age• Gynaecological expenses (Uterine fibroids).

POLICY EXCLUSIONS

The policy will not pay expenses arising from:

• Hazardous sporting activities as a professional player • Family planning / infertility• Circumcision unless as a treatment of a covered illness / infection• Cosmetic surgery unless necessary to correct accidental bodily injury• Intentional self-injury (alcoholism, drug abuse, attempted suicide)• Injuries sustained during participation in a wilful and material violation of law• Herbal medical treatment (alternative medicine).• Self-referral overseas for treatment available locally• General Medical examinations/check-ups not incidental to a diagnosis of an illness• Expenses recoverable under any other insurance e.g (NHIF rebate amount)• Outpatient expenses (medical,dental and optical expenses)

Waiting Period

The waiting period is as follows:

• Ordinary illnesses – 28 days• Maternity – 6 months• Chronic illnesses – 3 monthsNo waiting period for accident claims.

INPATIENT COVER STUCTURE

No. Benefit Description Benefit Limit (Kshs)

1 Overall cover limit per family (combined for illness and accident ) Kshs.1,000,000

2 Hospital accommodation - Bed limit entitlement net of NHIF rebate per day. General ward bed

3 Pre-existing conditions (Chronic illnesses, injuries, HIV) Kshs.500,000

4Newly diagnosed Chronic conditions and HIV/AIDS related illnesses (in the cover

period of diagnosis only). Will become pre-existing on the next renewal date.Full overall cover

5Maternity cover for normal child birth and pregnancy related complications (E.g.

miscarriage). Kshs.50,000

6 First Emergency Caesarean Operation and Ectopic pregnancy Kshs.120,000

7 Last Expense or funeral cover for Principal members only. Kshs. 100,000

8 Psychiatry and psychotherapy treatment. Kshs.300,000

9 Emergency Air evacuation within East Africa, subject to pre-authorization Full overall cover

10 Emergency local road ambulance services leading to admission. Full overall cover

11

Overseas cover - for a maximum of sixty consecutive days outside East Africa while

on holiday or business visit during any one period of insurance, for emergency illness

or injury. This is on reimbursement basis.

Full overall cover

12 Accident caused dental and optical expenses. Full overall cover

13 Non-accident ophthalmologic surgery. Kshs.250,000

14 Non-accident dental surgery, subject to pre-authorization. 100,000

15Post Hospitalization Benefit for accident and surgical admissions within thirty days after discharge.

Kshs.35,000

16Professional fee for specialist doctors (Physicians, Surgeons, and anesthetists).

Full overall cover

17 Theatre charges - surgical, ICU / HDU charges. Full overall cover

18 In-patient prescribed physiotherapy, chemotherapy and radiotherapy. Full overall cover

19In-patient prescribed drugs/medicines and dressings (including prescription on

discharge for a maximum of two weeks).Full overall cover

20Internal & external surgical implants, appliances, joint replacements and prostheses.

Full overall cover

21 External aids on prescription(Wheel chair, corsets/walking frames, crutches) Kshs.30,000

22Inpatient diagnostic tests for therapeutic purposes (X-rays, pathology, ECGs, MRI

scans) Full overall cover

23

Day care surgery for minor surgical treatment that may not necessarily require

admission, subject to pre-authorization. Full overall cover

PREMIUM RATES

Family Size Total Premium Payable Per Family

M 18,622

M+1 25,282

M+2 31,449

M+3 35,633

M+4 38,880

M+5 42,760

CIC UNIT TRUSTS • CIC Money Market Fund • CIC Fixed Income Fund • CIC Balanced Fund • CIC Equity Fund

CIC UNIT TRUSTS

A unit trust is a unique and excellent way to accumulate wealth through a pool of savings by unit holders (members) that is invested by professionals in selected shares, cash and interest bearing instruments.

Benefits of investing in a unit trustInvestors can buy stocks, shares and other securities independently. But unit trusts give investors the following advantages:• Professional fund management - prospective

investors benefit from expertise of our seasoned professionals

• Diversification - diverse investing mitigates market risks

• Choice - there are various unit trusts to choose from, namely Equity Fund, Balanced Fund, Fixed Income Fund and the Money Market Fund.

• Easy access - you can easily convert unit trusts to cash

• Flexibility - you can switch or transfer funds between the various funds

• Cost effective - a simple and effective way of investing small amounts

• Disciplined investing - systematic investing pays back

• Higher returns - potential to deliver excellent returns (inflation beating)

• Low cost of investments - due to the large amount of funds that the fund manager manages, very low costs accrued per investor

CIC Money Market FundThe CIC Money Market fund is a low-risk fund which invests in diversified near cash, interest bearing instruments in the Kenyan market. The fund managers invest in high quality interest bearing investments, fixed deposits, and near cash holdings.

This fund is:• Conservative.• For the investor looking for a safe parking place

for their funds and with a low risk appetite preservation of capital.• Ideal during times of stock market turbulence.

Returns on the Money Market Fund.Returns consist of interest and are credited monthly into the investor’s account. It is recommended that the interest be reinvested into the fund so as to maximize return on investment through compounded growth. This is an ideal product for clients with a short term investment horizon.

The current rate of return is 11.72% and will move with market dynamics. CIC endeavors to investprudently and negotiate competitively to give its customers the best rates possible in the market taking investor’s security of their investment into consideration.

The above annexure is an illustration of how an investment into the CIC Money Market fund can perform for a one-year period, assuming different initial investments at an annual effective rate of 11.72% p.a.

Fees• Minimum investment amount is Kshs. 5,000.

Minimum additional amount is Kshs. 1,000.• There is no initial fee charged on the Money

Market Fund.• Access to your money is when required with a

short notice of 5 working days.• Monthly statement is sent.

CIC INSURANCE GROUP LTD.

CIC PLAZA MARA ROAD, UPPERHILL P.O. BOX 59485-00200 NAIROBI, KENYA +254 020 282 3000, 0703 099 120 callc@cic.co.ke www.cic.co.ke

CICinsurance CICinsurance CICinsuranceKENYA • SOUTH SUDAN • UGANDA • MALAWI

GENERAL • LIFE • HEALTH • ASSET

NAIROBI BRANCHES:Town OfficeReinsurance PlazaMezzanine Floor, Aga Khan Walk Mobile: 0734 209600/1 0722 209600/1Tel: (020) 329 6000townoffice@cic.co.ke

Buru Buru BranchVision Place, Ground FloorMumias RoadMobile: 0773 592119,Tel: (020) 778 0132buruburubranch@cic.co.ke

Westlands BranchPamstech House2nd Floor, Woodvale GroveMobile: 0718 882826cic@cic.co.ke

--------------------------

THIKA BRANCHThika Arcade, 6th FloorKenyatta HighwayMobile: 0701 238227 0734 080445Tel: (067) 222 00 43thika@cic.co.ke

KITENGELA BRANCHCapital Center, 2nd FloorMobile: 0773 616674kitengela@cic.co.ke

NANYUKI Pearl Place, 1st Floor Mobile: 0703 099 770nanyuki@cic.co.ke

NAIVASHA BRANCHEagle Center, 1st FloorMobile: 0739 111151naivasha@cic.co.ke

NYAHURURU BRANCHKimwa Centre, 2nd FloorKenyatta AvenueTel: (065) 203 2055nyahururu@cic.co.ke

MACHAKOS BRANCHImani Plaza (ABC Building) 3rd Floor Tel: (044) 202 0349 / 0367machakosbranch@cic.co.ke

KIAMBU BRANCHBishop Magua Hse, 4th FloorMobile: 0701 238 226 0734 080 430Tel: (066) 202 2038kiambu@cic.co.ke

NYERI BRANCHCo-operative Union Building3rd Floor, Mobile: 0737 696 3580737 226 967 Tel: (061) 203 0657nyeri@cic.co.ke

NAKURU BRANCHMache Plaza, 2nd FloorGeoffrey Kamau RoadTel: (051) 221 7204 / 6035nakuru@cic.co.ke

KISUMU BRANCHWedco Centre, Mezzanine FloorOginga Odinga Road Tel: (057) 202 1255kisumu@cic.co.ke

HOMABAYCold Springs Plaza, Ground FloorMobile: 0770 735 827homabay@cic.co.ke

EMBU BRANCHSparko Building, 3rd Flooropposite Consolidated BankTel: (068) 223 0121 / 1127embu@cic.co.ke

MERU BRANCHBhatt Building, 1st FloorGhana StreetTel: (064) 313 0591 / 0869meru@cic.co.ke

KAKAMEGA BRANCHWalia’s Centre, Ground FloorTel: (056) 203 0242 / 0850kakamega@cic.co.ke

ELDORET BRANCHCo-operative Building, 1st FloorMobile: 0737 155 924 0714 180 003Tel: (053) 203 1490eldoret@cic.co.ke

KISII BRANCHMagsons Plaza, 2nd FloorMobile: 0725 987183Tel: (058) 203 1242 / 0232kisii@cic.co.ke

BUNGOMA BRANCHTeachers Sacco Plaza3rd Floor, Hospital RoadTel: (055) 203 0121bungomabranch@cic.co.ke

KERICHO BRANCHKipsigis Teachers SACCOBuilding, Ground FloorTel: (052) 202 0395kericho@cic.co.ke

KILIFI Kilifi Complex, 2nd FloorMobile: 0739 111 166kilifi@cic.co.ke

MOMBASA BRANCHDL Furniture Plaza1st Floor, Nkrumah RoadTel: (041) 222 4129 / 0454mombasa@cic.co.ke

BRANCH NETWORK