Summery
Founded: 2008
Type: Insurances
Category: Insurers
Sector: Private Insurances
Headquarters: Addis Ababa, Ethiopia
Branch: 25+
Employee: 200-500+
Short Term: GIC
Amharic: ኢትዮ ላይፍ ኤንድ ጀነራል ኢንሹራንስ አ.ማ.
Motto: Securing the future today!
History
Ethio Life and General Insurance S.C. (E.LiG). was founded in 2008 by 117 shareholders with the goal of bringing long-term insurance to millions of homes in Ethiopia. Initially focused on life insurance, the company received its license from the National Bank of Ethiopia and began operations in October 2008. In 2012, recognizing the growing potential of general insurance, Ethio-Life expanded its offerings and became a composite insurer, providing both life and non-life insurance products under the new name, Ethio Life and General Insurance S.C.
Vision, Mission & Core Value Of Ethio-Life Insurance
Vision
Our vision is to be a market leader in delivering innovative insurance products and services to the homes of millions.
MISSION
To deliver real value in insurance services and stand out its responsiveness to customer’s needs.
Core Value
Core value of Ethio Life and General Insurance (E.LiG) is
- Integrity: We maintain the highest standards of honesty and integrity.
- Social Responsibility: We honor social value alongside the value for money.
- Excellence: We uphold the highest level of excellence in service delivery and customer service.
- Environmental Commitment: We are highly committed to protecting our environment and ecosystem.
Products & Services
Ethio Life and General Insurance (E.LiG) offers the following products and services:
1. E.LiG Life
- Accident, Funeral and Critical Illness Insurance
- Endowment
- School Fee Guarantee
- Health Insurance
- Life Insurance
- Mortgage Protection Insurance (MPI)
- Term Life Insurance
2. E.LiG Non-Life
- Bonds
- Burglary
- Consequential Loss
- Engineering
- Contractor’s “All Risk” (CAR) Insurance
- Erection All Risk (EAR) Insurance
- Machinery Breakdown Insurance
- Electronic Equipment Insurance (EEI)
- Contractor’s Plant and Machinery (CPM) Insurance
- Boiler and Pressure Vessel Insurance Policy
- Fidelity Guarantee Insurance
- Fire & Allied Perils
- Green House/Horticulture Insurance
- Motor Insurance
- Marine Hull & Cargo Insurance
- Money Insurance
- Plate Glass
- Other
- Group Personal Accident
- Personal Accident
- Professional Indemnity
- Travel Insurance
- Workmen’s Compensation
- Public Liability
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