Ethio-Life and General Insurance S.C.

About Ethio-Life and General Insurance S.C.

Ethio-Life Insurance S.C. was founded by 117 shareholders with a clear vision of introducing and promoting Long-term insurance to the homes of millions. It obtained its license from the National Bank of Ethiopia and commenced operation in October 2008 to transact Long-term (life) insurance business. Ethio-Life continued to be the ONLY specialized company in the life insurance business in the Ethiopian insurance industry until August, 2012. In consideration of the immense potentials and viability of the general insurance business emanating from the rapid economic growth of the country, shareholders of Ethio-Life were determined to expand the service of the company by including Non-life (general) insurance products into its business portfolio. Accordingly, the company was registered as composite insurer and started providing innovative life and Non-life insurance products since August 2012. Hence the name Ethio Life and General Insurance S.C’ emerged.

Vision

To be a market leader in delivering innovative insurance products and services to the homes of millions.

Mission

To deliver real value in insurance services and stand out its responsiveness to customers’ needs.

Values

When conducting our business:

• We maintain the highest standards of honesty and integrity.
• We honor social value in as much as we honor value for money.
• We uphold the highest level of excellence in service delivery and customer service.
• We remain highly committed to protect our environment and eco-system.

Product

Non-Life insurance

• Motor insurance
• Fire insurance
• Marine insurance
• Workmen’s Compensation insurance
• Personal Accident (GPA) insurance
• Burglary and House Breaking Insurance
• Bond insurance
• Engineering insurance

There are variations of covers for Construction Machinery, Machine Erection, Construction of Building & Road and Boilers against their respective risks.

• The most common insured perils are risks involved following breakdown and/or accidental damage to all kinds of machinery and plant.
• Any resultant loss of profit or revenue can also be insured.
• Professional Indemnity insurance
• Public Liability
• Glass Plate insurance
• Money insurance
• Fidelity Guarantee insurance
• All Risk policy
• Green House Insurance
• Travel insurance