FAQ’s

Definitely not! While the premium charged for insurance differs from product to product and from risk to risk, the benefit of insurance significantly outweighs its cost.

This mainly depends on the product, however, in most cases, insurance policies cover a period of one year.

Comprehensive car insurance provides the widest cover – covering your car from theft and hijacking, damages from an accident, fire or explosion and natural disasters like hail and floods, as well as covering damages to your car’s glass and liability to other parties if you’re in an accident. Third Party cover indemnifies the insured against legal liability for death of or bodily injury to third parties and damage to third party property caused by lawful use of the insured vehicle.

An excess is an agreed amount of money that you, the client, is liable to pay in the event of a claim being settled. For example, if the excess on your car insurance is Birr 1,000.00, and the damages amount to Birr 50,000. Awash Insurance will cover the remaining ETB 49,000.

Medical Insurance offers financial cover that helps you meet the costs of medical emergencies.

• Reasonable Premium
• Unparalleled Service
• Financial Solidity
• Strong business tie with our sister bank, Awash, the biggest and the leading private bank,
• Accelerated Claims Settlement
• Backed by reliable re-insurances
• Wide Branch network-proximity
• Customer focused service
• Managerial skills and Experience
• Qualified and Experienced staff
• Professional approach in understanding clients’ requirements
• Proven track record of customer service
• Automated services through our investment in State-of-the-art Technology