Uganda: Motorsport body gets insurance cover
Source: Middle East Insurance Review | May 2015
Kenya’s Insurance Company of East Africa (ICEA) has inked a three-year contract worth KES105 million (US$1 million) with the Federation of Motorsport Clubs of Uganda (FMU) to cover personal accidents involving rally drivers, motocross riders and active officials during competitions.
Under the deal, ICEA will provide compensation for death, permanent and temporary disability. The third-party liability insurance will cover legal liabilities against drivers and riders for property damage, death or injuries.
KES1 = US$0.01