Commercial Line

Group Medical Assurance Cover


This policy indemnifies the insured member against the possibility of incurring expenses of medical treatment, during the period of assurance, resulting from the insured persons sustaining illness, disease and accidental bodily injury. The grouppolicy holder has the option of fixing the benefit amount that he/she feels adequate to meet his/her need. Furthermore, the policy holder will get the chance to extend the cover with additional premium for elective Optical, Dental and Maternity benefits.

1. Denture & Dental Filling Benefit:The medical assurance policy could be extended to cover 

denture medical costs up to the specified dental limit due to illness including:-

  • Prescribed dental filling
  • Prescribed Scaling
  • Prescribed dental replacement

2. Eyeglass/Optical Benefit: The medical assurance policy could be extended to  cover eye glass costs up to the specified optical limit due to illness including;

  • Prescribed Eyeglass
  • The policy does not cover photo solar and/or Plano eye glasses

3. Maternity And Pregnancy Check Up:The medical assurance policy could beextended to cover 

maternity/delivery medical costs and pregnancy checkup costs up to the specified maternity limit 

including normal and caesarian section delivery.

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...


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