WIBA Insurance in Kenya: A Comprehensive Guide for Kenyan Employers
Protecting your workforce and complying with the Work Injury Benefits Act, 2007, is more than a legal obligation—it’s a commitment to your employees’ well-being and a way to foster a culture of care, security, and responsibility. In today’s dynamic business environment, WIBA Insurance offers comprehensive coverage that shields your business from financial liabilities while ensuring your team is supported in the event of a workplace incident.
What is WIBA Insurance?
Work Injury Benefits Act (WIBA) Insurance is a statutory requirement under the Work Injury Benefits Act, 2007, which mandates that all employers compensate employees in case of work-related injuries, disabilities, occupational illnesses, or death. Madison General Insurance Kenya Limited’s WIBA Insurance ensures compliance with this law while offering financial security to both employers and employees.
Key Benefits of WIBA Insurance
Our WIBA Insurance is designed to offer robust protection through several key benefits:
- Death Benefit: In the unfortunate event of an employee’s work-related death, their dependents receive compensation equivalent to 8 years’ earnings, ensuring their financial stability.
- Permanent Total Disablement (PTD): If an employee suffers a total and irreversible disability, they are entitled to a lump-sum payment based on a percentage of 8 years’ earnings.
- Temporary Total Disablement (TTD): Employees temporarily unable to work due to an occupational injury receive weekly payments for up to 52 weeks, helping them cover essential expenses during recovery.
- Medical Expenses: This covers the medical costs incurred after a workplace injury or occupational illness up to a specified policy limit.
- Occupational Diseases: Ensures employees are compensated for work-related illnesses contracted during their employment period.
Explore the benefits in detail here.
Why You Need WIBA Insurance in Kenya
If you operate a business in Nairobi or anywhere in Kenya, ensuring workplace safety is not just a legal obligation but also a moral responsibility. WIBA Insurance in Kenya is crucial due to the dynamic workforce and the varying risk levels across industries. Whether you run a corporate office or a construction site, this insurance is vital for financial protection and compliance.
Failure to comply with WIBA regulations can result in:
- Legal penalties and potential lawsuits
- Financial strain from out-of-pocket compensations
- Reputational damage that could impact your business
Investing in WIBA Insurance is a proactive approach to protecting both your employees and your business.
What is WIBA Plus Insurance?
While WIBA Insurance covers statutory employee compensation, WIBA Plus Insurance by Madison General Insurance Kenya Limited goes beyond the mandatory legal requirements. It offers enhanced benefits, ensuring your employees are covered around the clock.
Additional Benefits of WIBA Plus Insurance
- Enhanced medical cover beyond the statutory limits
- 24-hour coverage, even for accidents occurring outside the workplace
- Increased death and disability benefits
This extended coverage ensures that your employees receive comprehensive protection, giving them peace of mind and fostering a safer work environment.
Why Choose Madison General Insurance Kenya Limited for WIBA & WIBA Plus Insurance?
Madison General Insurance Kenya Limited is a trusted provider of WIBA and WIBA Plus Insurance in Kenya, offering:
- Tailored solutions that suit businesses of all sizes
- Fast and efficient claims processing
- Expert guidance to ensure legal compliance
- The best customer support
When you choose Madison WIBA or WIBA Plus Insurance, you’re choosing peace of mind, reliability, and employee well-being.
How to Get Started
Taking up WIBA Insurance in Kenya has never been easier. Protect your employees today by reaching out to us for a customized solution.
Contact us today and safeguard your workforce with Madison WIBA and WIBA Plus Insurance!