Group Pension Administration
These policies are designed to enable companies to provide retirement benefits for employees.
Benefits
• Contributions made to a pension plan are tax deductible.
• Investment income generated by the pension fund in which contributions accumulate is tax exempt.
• In the event of a member's death, his or her spouse receive a pension or other benefit. If there is no surviving spouse, a benefit can be paid to a designated beneficiary or to the member's heirs.
• The pension fund does not belong to the employer; it cannot be seized if the business goes bankrupt.
You may also be interested in...
Liability
Liability insurance provides protection against claims resulting from injuries and damage to people and/or property. The policies below
Work Injury Benefits Act (WIBA)
This policy provides for compensation to employees for work-related injuries & diseases contracted in the course of employment. It is guided by the WIBA Act 2007.
Insurance Bonds
Insurance bonds are simple investments which allow investors to save for the long term.
Theft
This is insurance against loss or damage caused by the unlawful taking of property.
SME Business Package
Risks occur at any time and for business the exposure this gives you can be catastrophic.
KCB Agents Combined Package
KCB Agents Combined Insurance Package is a comprehensive cover that insures more than one type of property against a combination of perils or risks.
Group Personal Accident
This cover provides compensation for death, permanent disability and temporary loss of income due to disability.
Students Personal Accident
This policy provides compensation for death, permanent disability, medical expenses and funeral expenses arising from an injury to a student as a result of an accident.