Listed Insurance Group, Britam has launched a health insurance cover designed to cover full hospitalization expenses of its policyholders for persons up to the age of 75.
The cover will be admissible upon hospitalization and discharge following a diagnosis of coronavirus (COVID-19) disease.
Britam’s Group Managing Director, Mr. Tavaziva Madzinga said the cover aims to ease the financial burden of its customers during the COVID-19 pandemic.
“The trend in the spread of COVID-19 has unfortunately overburdened many of our customers. In line with our promise to be with you every step of the way, we are working hard to ensure our clients have simple and affordable access to the care they need as we tackle the pandemic together,” said Mr. Madzinga.
Britam COVID-19 Insurance cover will provide a cashback of the full sum assured and does not require pre-medical screening.
Premiums range from Ksh.1,500 per month for a Ksh.50,000 cover and up to Ksh.14,700 for Ksh.500,000 cover. Policyholder aged above 60 can only purchase up to a maximum limit of 200,000 shillings.
The insurance cover comes with a waiting period of 14 days from the date of commencement of the policy. Pre-authorization will also not be required for in-patient admissions.
“COVID-19 has fundamentally reshaped our attitudes towards health and wellbeing. Consumers are today paying more attention to healthier lifestyles, better mental health, and convenience,” added Mr. Madzinga.
Britam has accelerated its digital transformation to ensure its customers continue to access its products and services during the COVID-19 pandemic.
The insurance group has formulated a 2021 to 2025 strategic plan which will be aimed at enhancing customer experience by becoming customer-centric. It also aims at expanding its customer base to drive growth, and improve efficiency in how Britam runs its business to ensure better return.
