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Sh 80m insurance package for Stanchart Marathon

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NAIROBI, Kenya, October 9 – All participants in the October 28 Stanchart Nairobi International Marathon estimated by organisers to be 20,000 will be fully insured.

This was announced Tuesday by provider, Jubilee Insurance who will partner the event for the sixth year running with cover worth Sh80m ($938,416) for competitors expected from 20 countries.

“Jubilee is proud to once again be part of this event whose proceeds go towards supporting a very important societal need that of medical care for needy children,” said the firm’s CEO Patrick Tumbo said while confirming the venture.

Organisers are targeting participant figures of 20,000 with the Group Personal Accident cover offering full protection to all the individuals attending the marathon, for any eventualities.

The sponsorship also includes an all-risks cover worth Sh7.5 million for general equipment, which insures all the equipment used during the marathon, from branding and signage materials to race administration equipment, including paraphernalia provided by other event sponsors.

A public liability cover worth Sh12 million is also provided, indemnifying Standard Chartered against loss or damage incurred in the course of the event.

Jubilee will also have a corporate team of staff members participating in the 21km run and a stand showcasing its range of pioneering products in Pensions, Life, General and Medical insurance.

“This insurance cover gives the organizers and participants to the marathon, peace of mind that they have protection against all risks around this important athletic and charity event,” added Tumbo.

The marathon will mark its tenth anniversary this year with plans to scrap off the 21km races mooted for the next edition.

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