SME Business Insurance Kenya

Protecting Your "Hustle": Essential Insurance for Kenyan SMEs

SME Business Insurance Kenya | Protect Your Hustle

Small and Medium Enterprises (SMEs) make up 98% of businesses in Kenya, but they are often the most vulnerable to shocks. Whether you run a retail shop in the CBD or a workshop in the Industrial Area, a single fire or break-in can wipe out years of hard work.

At Elite Ways, we offer "all-in-one" SME packages that simplify protection. Key covers include Fire and Allied Perils to protect your building and stock and Burglary for losses following a break-in. Most importantly, the WIBA (Work Injury Benefits Act) is mandatory by law to protect your employees.

Lastly, you should also not forget to purchase business interruption insurance. As opposed to property insurance that compensates for loss of assets, this insurance compensates for loss of income as well as the rent and wages that must be paid even when your business is closed down due to some catastrophe.