Ethiopian Insurance Corporation - EIC

Ethiopian Insurance Corporation - EIC

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Ethiopian Insurance Corporation (EIC) was established by proclamation No.68/1975 on the 1st January 1976.

Ethiopian Insurance Corporation (EIC) was established in 1976 by proclamation No.68/1975. The Corporation came into existence by taking over all the assets and liabilities of the thirteen nationalized private insurance companies, with Birr 11 million (USD 1.29 million) paid up capital aiming the following objectives. Engage in all classes of insurance business in Ethiopia;
Ensure the insurance se

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Location

Products

MAJOR TYPES OF COVER

EIC provides Long term, Property and Liability Insurance covers.

General Insurance Policies

All Risks
Aviation (Cargo & Hull)
Bankers Blanket Policy
Burglary & House Breaking
Bonds
Condominium Insurance
Consequential Loss (Business Interruption)
Crop Insurance
Engineering

Boiler Insurance
Contractors All Risks
Contractors Plant & Machinery
Deterioration of Stock
Erection All Risks
Electronic Equipment Insurance
Machinery Breakdown
Machinery Loss of profit

Fidelity Guarantee
Fire and Allied Perils
Goods-in-Transit
Horticulture-Plantation Insurance Policy
Inland Carriers Liability
Live stock
Marine (Cargo and Hull)
Money
Motor
Personal/Group Personal Accident
Plate Glass
Product Liability
Professional Indemnity
Public Liability
Warehouse Operators Liability
Weather Indexed
Coffee Plantation
Tea Plantation
Cotton Plantation
Exhibition & Bazaar
Workmen’s Compensation etc.

LONG TERM INSURANCE POLICIES

Endowment

Ordinary Endowment
Anticipated Endowment Policy (with profit)
Children’s Education Policy (with profit)
Endowment Annuity
Joint Endowment
Joint Annuity
Group Endowment

Term

Individual Term Life Assurance
Group Term Life Assurance
Modified Large Group Term Life Assurance
Individual Mortgage Protection Assurance
Group Mortgage Protection Assurance
Joint Mortgage Protection Assurance etc.

Whole Life Assurance

Medical

Individual Medical Assurance
Group Medical Assurance
Executive Medical Assurance
Travel Health Insurance etc.

Telephone

Address


Addis Ababa
2545