Security and Protection

Security and Protection

Our customers requested security and protection so that they could plan for their financial future and the well-being of their families. Prestige Banking customers are offered free protection against ATM theft, personal accident and liability insurance as well as funeral and hospital cover.

ATM theft

This provides you with reimbursement of cash withdrawn from any ATM in Kenya against forced robbery using the Barclays debit card and also covers the reimbursement of unauthorised charges incurred due to loss or theft of the debit card. This is limited to a period of 24 hours. The total benefit is up to a limit of KSH30,000.

Funeral cover

A lump sum amount will be payable to the next of kin within 48 hours of notification of the death of the account holder. The total benefit is KSH40,000 on the death of the account holder.

Personal accident insurance

A lump sum amount will be payable to the next of kin upon reported death of or a scale of benefit to the account holder in the event of permanent total disability occurring as a result of an accident at any time whether this occurs when one is on duty or out for pleasure. The total benefit is KSH300,000 for death or KSH300,000 if permanent disability occurs.

Personal liability insurance

This covers your legal liability as a Prestige Banking account holder in your personal capacity for accidental body injury or death caused to third parties, and/or loss of or damage to third party property including legal expenses. The cover is for any one event or series of events up to KSH2m or any one period of insurance up to KSH4m.

Hospital cover

This provides you with hospital cover of KSH500 per day (up to a maximum of five days per incident of hospitalisation). The maximum cover for any one period of insurance is KSH10,000.