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{
    "id": 404837,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/404837/?format=api",
    "text_counter": 205,
    "type": "speech",
    "speaker_name": "Hon. Dawood",
    "speaker_title": "",
    "speaker": {
        "id": 2572,
        "legal_name": "Abdul Rahim Dawood",
        "slug": "abdul-rahim-dawood"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I would like to support the Bill. The amendments which have been brought are good because the structured way of paying compensation has been lacking in the insurance industry. This is because whenever somebody dies or something happens, the insurance companies do not pay. They look at who is claiming. They offer very little money most of the time. I think this Bill will address those inequalities. However, we need to come out and see how we can increase the Kshs3 million which has been proposed in this Bill because there are times when a breadwinner dies and the family cannot be compensated. A case in point is the man we saw the other day in the news whose hands and legs were amputated. He received compensation of over Kshs19 million, but to date he cannot access the money because of the bureaucracy or his lawyer was given the money and never submitted it to him. Hon. Temporary Deputy Speaker, as a House, we need to come up with some rules and regulations. If compensation is made to the bereaved family, it should reach the family. The lawyer should not keep the money as the bereaved family suffers. We should look at how we can amend a few rules where the compensation is paid to the bereaved family and a certain percentage is set aside for the lawyers. Since this Bill talks about structured payments, people will know what they expect from the insurance industry if they lose a leg, an arm or any part of the body. It is prudent to say that we should know exactly when and how many days an insurance company will take to pay a claim. This is because there are times when insurance companies stay for years before making payments under the guise of investigations going on. There should be a timeframe within which they should pay the claims.They should not keep people on hold as litigation goes on. Hon. Temporary Deputy Speaker, with those few remarks, I beg to support this Bill with a few amendments in the Third Reading. We will probably bring them as the Departmental Committee on Finance, Planning and Trade."
}