General Knowledge

Basics of how insurance works

  • September 20, 2019.

How Does Insurance Work? Insurance is a contract that transfers the risk of financial loss from a business, enterprise or individual to insurance company.  Insurance company collects a small sum of money from the clients/customers…

Be Truthful When Buying Insurance

  • September 20, 2019.

The main role of insurance is to pay the insured when a loss or misfortune occurs . However, note that payment is only made to those who have taken insurance cover. Insurance is based on trust…

Understanding Insurance

  • September 20, 2019.

Who is IRA? it refers to the Insurance Regulatory Authority, which is a government institution responsible for the regulation and supervision of the insurance industry in Kenya. IRA does not sell insurance products. What is…

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