Insurers review clauses as Covid reality sinks in

IRA

Insurance Regulatory Authority CEO Godfrey Kiptum. FILE PHOTO | NMG

Insurers are reviewing clauses in their contracts to reduce potential conflict with customers after Covid-19 pandemic exposed them to unforeseen claims.

Onset of the pandemic in Kenya early last year saw many underwriters reject Covid-related claims, only for them to realise that the contracts they had with customers had no exclusions.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.