Work Injury Benefits Act insurance, or simply WIBA, is not just a legal requirement in some states–it’s an investment in your staff’s security. Work Injury Benefits Act, 2007 Provides for compensation to employees for work-related injuries & diseases contracted in the course of employment. Temporary deployments outside Kenya are included.
The precise rules are stated on the ACT of 2007, but the general rule is that your business must take out WIBA coverage for employees that it pays, if they are injured at work.
In principle, the workers’ comp WIBA payouts will cover medical bills, care costs and a portion of any lost wages. Plus, in the worst-case scenario, workers’ compensation insurance will cover funeral costs and death benefits.
There very harsh legal penalties for businesses that don’t comply with the WIBA ACT. But, aside from that, WIBA insurance can also help your business, as it makes sure staff get adequate support that helps them return to work fit and healthy.
While you can get standalone WIBA policies, you can also often buy WIBA coverage as an add-on to other policies, such as a, SME Combine policy, Group Life Assurance & Group Personal Accident insurance.
Our insurance experts are ready to help you determine the best method for obtaining proper WIBA insurance for your business.