Samaki Bima (Fish Farm Insurance)
This is an insurance product that covers on-shore and off-shore fish farms against various perils.
Samaki Bima (Fish Farm Insurance)
This is an insurance product that covers on-shore and off-shore fish farms against various perils.
Eligibility
- Licensed fish farmers registered with relevant local authorities, Beach Management Units & Community Based Organizations
- At least 2 years of fish farming experience
- Farmer must maintain a fish feeding register
- Fish stock inspection taking place at least once every month
- 24-hour security at the beach (watchman warranty)
- Net in a good condition and within its useful lifetime limits
Scope of Cover
- Accidental damage of cage structure, including nets
- Theft of the fish stock.
- Upweling
- Storm
- Diseases/Parasites
- Pollution
- Oxygen Deficiency
- Flooding
- Malicious damage
Fish Species Covered
- Tilapia
- Trout
- Nile Perch
- Catfish
How to be Insured
- Proposer fills the application form.
- GA provides indicative insurance terms / quotation
- Proposer pays premium
- An aquaculture expert visits the farm and provides an assessment to GA.
- Cover certificate is issued to the proposer for signing to acknowledge consent of affirmed cover terms
- Issuance of the policy document
Requirements
- Duly filled proposal form
- Copy of KRA PIN
- Copy of ID
- Farm managers CV(s)
- Aquaculture vet report certifying health of fish and adoption of good fish farming practices.
Cover exclusions
- Loss or mortality directly caused by inappropriate feed
- Loss of stock owing to net breakage, unless the cage has also been severely damaged by an atmospheric peril
- Loss or mortality because the Insured stock has been harvested prematurely
- Loss or mortality directly or indirectly caused by, arising out of or aggravated by, war, terror, strikes, riots and sabotage
- Theft of stock, cage, nets by insured’s employees and/or household members
Brochures
- Samaki Bima (Fish Farm Insurance) – English Brochure
- Samaki Bima (Fish Farm Insurance) – Kiswahili Brochure
CONTACT US
For quotation request or any enquiries;
Get a quote
Simply contact us, and we’ll get to work to send you a provisional quotation that suits your particular insurance needs