Francis Muli
Insurance service provider AAR has introduced a plan that will allow individuals and retail clients to make monthly payments for health insurance instead of paying the full amount upfront.
Previously, customers were required to make full payment of insurance premiums (annual) before they can be covered.
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“The solution we are introducing fits well into the financial plan of many ordinary Kenyans. We believe that this solution will not only make it convenient for our customers to purchase insurance, but also make it possible for many Kenyans to enjoy the benefits that come with having a medical cover,” said AAR Insurance Managing Director Nixon Shigoli.
Under the plan, one will be required to pay a deposit equivalent to two months’ installments then make subsequent payments monthly for a period of nine months.
The plan is however not applicable to corporate clients.
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