Bentech Auto
Incase of an accident anywhere in Kenya do not hesitate to call us on 0726361983 anytime anywhere whoever your insurer is
22/10/2015
The rainy season is here,ensure ua brake pads are not worn out.
Principle of Indemnity
Indemnity means security, protection and compensation given against damage, loss or injury.
According to the principle of indemnity, an insurance contract is signed only for getting protection against unpredicted financial losses arising due to future uncertainties. Insurance contract is not made for making profit else its sole purpose is to give compensation in case of any damage or loss.
In an insurance contract, the amount of compensations paid is in proportion to the incurred losses. The amount of compensations is limited to the amount assured or the actual losses, whichever is less. The compensation must not be less or more than the actual damage. Compensation is not paid if the specified loss does not happen due to a particular reason during a specific time period. Thus, insurance is only for giving protection against losses and not for making profit.
However, in case of life insurance, the principle of indemnity does not apply because the value of human life cannot be measured in terms of money.
03/04/2015
The bigger the challenge the better we are! Ty us n u will luv the results. Accident repairs is wat we specialize in. 0726361983 is the number in whatever part of Kenya you are! AA aproved 3 spanner garage,member of KEMRA!
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MUNENE INDUSTRY
Thika