Xplico Insurance Company Limited, one of the leading insurance providers in Kenya, recognizes the importance of adding a post-election violence and terrorism clause in its motor vehicle insurance policies. This clause provides coverage for damage caused by post-election violence or acts of terrorism, which is not covered under the standard motor vehicle insurance policies. This means that if your vehicle is damaged during a riot or an act of terrorism, Xplico Insurance Company Limited will cover the costs of repairs or replacement.
The aftermath of elections in Kenya has often been characterized by political instability, protests, and, in some cases, post-election violence. In the last few weeks, for instance, the country has experienced political unrest leading to violent demonstrations, looting, and vandalism. In such situations, businesses, including motor vehicle owners, are often caught in the crossfire, and their properties may be damaged or destroyed. This highlights the need for a post-election violence and terrorism clause in motor vehicle insurance policies, as it provides protection and peace of mind to vehicle owners.
The importance of this clause cannot be overstated, given the current situation in Kenya, where political tensions often lead to unrest, protests, and violence. It is not uncommon for vehicles to be caught up in the chaos, resulting in significant damage. Without the post-election violence and terrorism clause, vehicle owners would have to pay for repairs or replacement out of pocket, which could be a significant financial burden.
Additionally, the post-election violence and terrorism clause offers a sense of security to vehicle owners, especially those who depend on their vehicles for their livelihoods. The clause provides assurance that they can recover from any damage caused by political unrest or terrorism, and they do not have to worry about the financial implications of such events.
The importance of adding a post-election violence and terrorism clause in motor vehicle insurance policies cannot be overstated, especially in Kenya where political unrest and violence are not uncommon. Xplico Insurance Company Limited is a great example of an insurance provider that recognizes this need and has taken the necessary steps to protect its clients from the financial implications of such events. As a vehicle owner, it is important to ensure that your motor vehicle insurance policy includes this clause to protect your investment and give you peace of mind.
