Insurance

Some of the key aspects set out in this product include an overview of the latest local insurance trends, a description of the insurance market, and details of the main types of insurance taken out locally. In addition, it covers the requirements for a valid and enforceable insurance agreement; if any premiums, covers and terms are prescribed; and whether there are any unusual clauses in local insurance contracts.

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Content

The following topics are covered in the Insurance product for each country (click to expand):

1General principles

Insurance

1General principles

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Practical Q&A format

This product contains detailed and up-to-date local guidance, in an easy-to-use question-and-answer format, in relation to taking out insurance in a particular African country. If you have a question that is not answered, we’ll source the response for you. Sample questions include:

What are the latest insurance trends?

Are the premiums, cover and/or terms of insurance policies prescribed?

Is any type of insurance compulsory?

Are there any terms in insurance agreements that are implied by operation of law?

Are there restrictions on dispute resolution clauses in insurance agreements?

Is there a time limit within which an insurance claim must be made?

Benefits of Insurance

If you are active in one or more African countries and have questions about local insurance requirements and practices, the Afriwise platform, and this product in particular, is for you. Afriwise is more powerful than any other solution as it provides accurate, up-to-date and plain-language guidance in relation to all your questions, is interactive, and also notifies you when there are legal updates you should be aware of.

Afriwise subscribers benefit from:

24/7 access to our online platform
detailed practical guidance and insights on all aspects of this area of law
overviews of the applicable laws and upcoming changes, as well as alerts to important legal developments
downloadable copies of all relevant laws and regulations
direct access to vetted local insurance law experts
valuable tools such as a powerful search engine with relevant filters
country comparisons
a clarification-request tool
note-taking
... and much more.

Gain full visibility across the local insurance law landscape.

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Afriwise connects organisations to outstanding quality and up-to-date legal, risk and business information and local expertise for African countries. We give you deep understanding about African markets, online, and help you proactively comply with local regulations.

Our award-winning solution offers an innovative way to source key information about insurance requirements and practices in a particular African country.

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