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{
    "id": 394261,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/394261/?format=api",
    "text_counter": 348,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Sunjeev",
    "speaker_title": "",
    "speaker": {
        "id": 13136,
        "legal_name": "Sunjeev Kour Birdi",
        "slug": "sunjeev-kour-birdi"
    },
    "content": "When we look at this Bill, we ask ourselves: “What is insurance?” Insurance is like a blanket that will cover you during the rainy season and during a storm. If you have a business and you do not have insurance, you are doomed. If you are human being of whatever age, you need to have insurance. Nowadays even children have insurance because you do not know what is going to happen. This Bill touches on supervision and proper management in this particular sector. Why do I stress “proper supervision”? It is because we live in a society where fraud is at its highest peak. So, we have to take care of ourselves from fraudsters. Sometimes I find it strange when I see a motor vehicle on the road without insurance. How exactly do you do that? Not only are you putting your vehicle in risk but also the people who are in it. Hon. Temporary Deputy Speaker, if a business is not insured today, let us be assured that if something happens to it tomorrow, the businessman will lose everything. Therefore, I support this Bill because by opening borders to the East African Community (EAC), we are actually sending a signal to businessmen within the EAC. We are telling them: “Come and work in our country. Come and increase the trade in our country. You will be safe in Kenya.” So, I want to express my feelings on this particular note because trade is impossible without protection to investment. Apart from that, this Bill also touches on the moral suitability of the people running this particular sector. We should not be having “cowboys” going about their business and just trying to take money from others fraudulently. That is something which has to come to a stop. Hon. Deputy Speaker, once again, I would like to commend the Committee and the Chairman for a job well done. Thank you."
}