Insurances

Type of Cover	Minimum Term/ Duration of Coverage	Annual premium rate
Motor Insurance	Not specified	Not specified
Fire and Lightning insurance
Consequential Loss
Burglary and house breaking
Marine Cargo
Workmen’s compensation
Personal and group accident
Engineering (boilers, contractor’s all risk, machinery breakdown, erection all risks, etc.)
Public Liability
Money insurance (money in transit and in safe)
Plate Glass
Bond insurance
Fidelity Guarantee	Not indicated
Life insurance (Term Assurance, Whole life, Endowment annuity and education policy, Riders)	“

Time needed to process and get services and amount of premium

No.	Type of Loan	Time needed to get Service	Annual premium
1.	Fire and lightning insurance	1 day	Not specified
2.	Motor Insurance	1 day	“
3.	Marine	½ an hour	“

General Criteria for client (risk) eligibility of Insurance Coverage

Not specified

Type of clients addressed so far:

Not specified

Head Office

Telephone: +251-1-614420/70

Fax : +251-1-614419

E-mail : aic@telecom.net.et

P.O.Box: 12637, Addis Ababa, Ethiopia

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