Frequently Asked Questions

Clinical trials insurance is a specialized insurance that protects the sponsor of a clinical trial from financial responsibility in case of harm to participants. It covers legal expenses if a participant sues due to injury or death related to the trial, medical expenses associated with trial-related injuries, and compensation for participants who are injured or die as a result of the trial.

The insurance works by transferring the financial risk from the sponsor to the insurer. If a participant suffers harm during the trial, the insurance covers: (1) Legal defense costs and damages if sued, (2) Medical treatment costs for trial-related injuries, (3) Financial compensation to the participant or their family. This allows sponsors to focus on conducting research while ensuring participant safety and reducing financial risks.

Compensation is paid for two main objectives: for participation in clinical trials and for trial-related injuries. It relieves participants of financial sacrifice, covers loss of daily wages, and reimburses expenses like travel. For serious injuries, participants receive free medical management plus financial compensation. This ethical practice has been established for many years to ensure fair treatment of research subjects.

Research subjects are compensated through monetary and non-monetary means. Monetary benefits cover time, effort, travel expenses, and lost wages. Non-monetary benefits include free medical management for trial-related injuries. In cases of serious injury, subjects receive both free medical treatment and additional financial compensation.

Our clinical trial insurance is tailor-made for the African market. We currently have clients in East African countries namely Kenya, Uganda, and Tanzania, with plans to expand further across the continent.

While requirements vary by jurisdiction and institutional review boards, clinical trial insurance is highly recommended and often required by ethics committees. It demonstrates the sponsor's commitment to participant welfare and provides essential financial protection for all parties involved.

The Kibali Afrika Money Market Fund is a secure, flexible, high-yield investment opportunity designed to help you achieve your financial goals. It invests in high-quality, short-term instruments such as treasury bills, commercial papers, and certificates of deposit, ensuring your funds are secure while delivering consistent returns.

The MMF is suitable for: (1) Individuals looking for a safe place to park savings while earning competitive returns, (2) Businesses seeking to manage cash reserves efficiently and generate income from idle funds, (3) Investors aiming to diversify portfolios with a low-risk, liquid asset. Both Kenyan residents and international investors can participate.

Our MMF provides better returns than traditional savings accounts, helping you stay ahead of inflation and maximize earnings. Unlike fixed deposits, you enjoy liquidity with the ability to withdraw whenever needed, making it ideal for both short-term goals and emergency funds.

Yes. The MMF is tailored for investors seeking low-risk options. By investing in treasury bills and other high-quality short-term instruments, we ensure capital preservation. The fund is actively managed by seasoned financial experts with a strong focus on risk management.

Yes, liquidity is one of our key features. You can enjoy the flexibility of withdrawing your money whenever you need it, making it an ideal solution for both short-term and emergency financial needs.

Joining is quick and easy. Simply reach out to our team, and we'll guide you through the seamless onboarding process. Whether you're investing a small amount or a significant sum, our MMF is designed to cater to your unique financial needs.

We offer: Life Insurance, Professional Indemnity, WIBA (Work Injury Benefits Act), General Insurance (Health, Motor, Travel, Home, Commercial, Marine), Kibali Masomo (Education Policies), Group Life Insurance, Property Insurance, Kibali Afya Jema (Medical), Last Expense Insurance, and Pension/Retirement Plans.

Kibali Masomo is our education policy insurance - a specialized life insurance product that helps parents save for children's education expenses while providing financial protection. It covers tuition fees, books, uniforms, and other educational expenses with flexible payment options.

Last Expense Insurance (funeral/burial insurance) covers costs associated with funeral and related expenses. Most policies pay out within 48 hours upon notification of death, covering mortuary fees, casket, hearse, flowers, funeral programs, and refreshments.

Yes, our property insurance can be customized to meet specific needs, including coverage for diaspora properties and additional protection against accidental damage.

To be the insurance agency of choice dedicated to educating, serving and protecting local and international families and businesses with the best insurance policies at the right price. We expand client access through traditional and innovative networks of communication.

To help people manage the risk of everyday life, recover from the unexpected, and realize their dreams. We provide quality insurance coverage, professional service, and an excellent selection of stable, financially sound insurance companies. We take care of our clients like family.

Contact us through our website, email, or phone. We are here for you whether to provide a quote and rates, assist with a claim, expand your coverage, or just answer questions. Visit our Get Advice page or reach out directly.