How can we assist you today?

Bancassurance is a partnership between a bank and licensed insurance providers, allowing you to access insurance products and services directly through the bank’s branches or digital platforms.

• Convenience: Access insurance where you bank.
• Trusted insurance partners: We work with licensed and vetted insurers.
• One-Stop service: Bank + Insurance support in one place.
• Exclusive packages: Tailored insurance offers at competitive prices.
• Expert guidance: Advice from trained, IRA-certified insurance staff.
• Quick turnaround: From purchase to claim, it’s seamless and efficient.

1. General Insurance (Non-life):
• Motor Private Insurance
• Home Insurance
• Fire/Property Insurance
• Contractors All Risk
• Marine Cargo
• Travel Insurance
2. Medical Insurance:
• Inpatient & Outpatient Packages
• Cover for Children, Adults, Seniors
• Group Health Plans
3. Life Insurance:
   • Credit Life (Loan Protection)
   • Mortgage Protection
   • Term Life / Family Cover
   • Education & Savings Plans
   • Retirement & Pension

Insurance rates vary from product to product and is dependent on a variety of factors such as preferred underwriter, as well as risks being insured. Kindly contact us on 0709800000, email atyourservice@sbmbank.co.ke or reach out to your Relationship Manager for more details on this.

Different products have different documentations, however, the basic documents required for all the products are as listed below:

• Completed insurance application form
• National ID / Passport
• KRA PIN
• Premium Payment confirmation
• Proof of Asset to be insured: e.g. logbook copy or a valuation report, copy of property title deed etc.

Your insurance cover begins once your application is submitted, verified, and payment is received. You'll be issued a Cover Note immediately, followed by a full Policy Document within 30 days.

Summary of cover and benefits

• Start and end date
• Premium schedule and payment terms
• Policy number and personal details
• Terms, conditions, and exclusions
• Claim procedures and contact details

We’ll remind you 90, 60, 30, and 7 days before your policy expires via SMS, email, or phone. You can also check at your bank branch.

Yes! You can opt for Insurance Premium Financing (IPF) from SBM Bank. This allows you to pay premiums in monthly installments while still enjoying full cover.

Changes (like adding items, updating contacts, or switching covers) can be done by:

• Sending a signed request via email
• Visiting your branch's customer service desk