know more about us
Our Insurance that are available for you.
Marine Insurance
Marine insurance is a policy that covers the loss or damage of ships, cargo, and any transport or cargo by which the property is transferred, acquired, or held between the points of origin and the final destination.
Motor Insurance
Motor Policy is one of the greatest demanded insurance policies in Kiribati. Majority of businesses underwritten is derived from this class of insurance cover. To the same effect, the majority of claims entertained are also mainly from this class of insurance cover.
Workmanship Compensation
General Understanding on the basic principles governing the Workmen Compensation.
• Act relating to the Workmen Compensation Policy
• Overall work procedure
• Ratings
Life Insurance
This life insurance policy is designed to pay a sum assured after a specified term (on its maturity) or when the life insured dies within the specified period.
Scope of cover:
This policy covers the death by accident and illness.
BENEFITS:
• Personal saving for Future Plans (Education/Home/Business)
• Security of Financial obligations,
• Extra earnings – Bonus/reduction of tax obligations.
Fire Insurance
As the term implies itself, this policy is design to meet the need of certain interested individual/entrepreneurs who have interests they wish to safeguard against fire.
The Corporation has 2 classes of Fire Insurance Policies to suit the different needs in this respect:
Commercial Fire
Domestic Fire, further clarified into House Owners Policy & House Holders Policy.
Aviation Insurance
This insurance policy is designed to cater for the insurance needs of Airport owners, aircraft owners and any related liabilities that may be sustained in the operations and or ownership thereof. Accordingly, under this class of cover, it is further divided into subclasses:
1. Aviation – Airport Owners and Operators Liability cover 2. Aviation – Hull and Liability cover. Basically, in brief, the above are summarized below for matter of interest:
• Bodily injury
• Property damage to third parties.
It also includes liabilities out of the use of Control Towers, depending on the terms of the Policy.
Our insurance for you.
Type of Insurance.
Our Most Popular Insurance
Life Insurance
Why is life insurance important?
Life insurance acts as a safety net to protect your family if the worst were to happen. Think of it as an investment in the future of the ones you love. Kiribati Insurance Corporation pays out a lump sum if you were to pass away – you can relax knowing your loved ones will be able to pay off the mortgage and any debts and that things like kids’ education could be taken care of.
+686 75022627
enquire@kic.org.ki
Head Office
Opposite Super Mall
Bairiki
Tarawa