Sharp Daily
No Result
View All Result
Friday, June 6, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Britam to Offer a Mobile-based Solution for Low-Income Earners in Collaboration with Airtel and Inclusivity Solutions

Patricia Mutua by Patricia Mutua
August 10, 2023
in News
Reading Time: 2 mins read

Britam, an insurance company, has joined forces with Airtel and Inclusivity Solutions, a digital insurer, in a strategic alliance. This collaboration aims to introduce mobile-based solutions that cater specifically to low-income families and micro, small, and medium enterprises (MSMEs). In this groundbreaking partnership, the focus is on providing comprehensive coverage to segments of the population that are often overlooked. The coverage encompasses a range of risks, including loss of income due to hospitalization, accidents resulting in death or disability, and funeral expenses in case of demise.

Read more: Britam Holdings, MTek Launch Digital Protection Cover Targeting MSMES

This innovative initiative will offer customers access to three distinct products through their mobile devices, namely the Hospital Cash, Last Expense, and Personal Accident covers. Each cover serves to address different aspects of financial protection. For instance, the Hospital Cash cover ensures policyholders receive a daily cash benefit of Kshs 500.0 for hospital stays lasting three or more days, up to a maximum of 30 days per year. This not only helps with medical expenses but also safeguards against income loss during the hospitalization period. Premiums for this coverage start as low as Kshs 35.0 per month for individuals or Kshs 170.0 for families of up to four members.

The Last Expense cover offers financial support of Kshs 100,000.0 to beneficiaries upon the assured’s natural demise. This sum aids in covering income loss, outstanding bills, and burial expenses associated with funerals. The monthly premiums for this cover commence at Kshs 40.0 for individuals and Kshs 170.0 for families of up to four members.

RELATEDPOSTS

Airtel launches enhanced data bundles ahead of festive season

October 29, 2024

Government puts effort to empower informal traders

March 22, 2024

Read more: Airtel Acquirers Ksh4.7B Additional Spectrum In Kenya

Finally, the Personal Accident cover provides a predetermined payout of Kshs 100,000.0 in the unfortunate event of permanent disability or death resulting from an accident. This coverage helps policyholders and their families navigate the challenges of unexpected accidents. The premiums for the Personal Accident cover begin at Kshs 35.0 per month for individuals or Kshs 150.0 for families of up to four members. Customers will have the convenience of making their monthly payments via the Airtel Money Wallet directly into Britam’s account. This collaboration not only demonstrates the merging of digital solutions with insurance services but also highlights a commitment to serving the financial needs of those often underserved in the market.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Safaricom Ethiopia Grapples with Network Shutdown Amid State of Emergency by the Federal Government in Ethiopia

Next Post

Pension Schemes Record a Modest Performance During Q2’2023

Patricia Mutua

Patricia Mutua

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

How Kenya’s E-Mobility shift could redefine urban planning

June 5, 2025

Economic liberators are the real heroes and heroines of the year

June 5, 2025

Affordable retirement planning for small businesses with CURBS

June 5, 2025

How Kenyan banks can modernize without marginalizing

June 4, 2025

Human rights concerns over activists’ treatment in Tanzania

June 4, 2025

Decoding stock-based compensation

June 4, 2025

Comparative advantage is the secret to real economic take off

June 4, 2025

Understanding inflation and its impact on everyday life

June 4, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024