Personal Vehicle

Comprehensive Cover

 

Provide cover to insured, in addition to covers provided either of the above type liability cover, against accident on its vehicle and accessories caused by:

  • Collision and overturning
  • Malicious act;
  • Fire, explosion, self ignition or lightning and burglary, house-breaking or theft

Exclusions

Some of the basic exclusions are damage or loss:

  1. caused by overloading or strain;
  2. of consequential loss:
  3. due to mechanical or electrical breakdown or failure of any part;

An overview

Nyala Insurance Share Company (NISCO) was founded in July 1995 following the liberalization of the insurance business to the private sector in 1994 with the Licensing and Supervision of Insurance Business Proclamation No. 85/1994. Read more...

Investments

Apart from its major investments in real estates in the downtowns of Addis Ababa, Bahir Dar and Nazareth, Nyala Insurance selectively invests in various financial institutions like Dashen Bank, which have potentially high investment returns. Read more...

Contact us

Protection House, Mickey Leland Street

Tel: +251-11-6626679/80/76