Airtel through its partnership with Pan Africa Life Assurance Limited and MicroEnsure have launched a free insurance product which will offer Airtel customers in Kenya with life, accident and hospitalisation insurance with increasing benefits based on their monthly airtime usage.
The product, which is tagged Airtel Insurance is packaged to deliver affordable insurance services and encourage insurance culture among Kenyans. The product is open to all Kenyan residents of 18 years and above.
To register for the product, Airtel customers will be required to simply dial *336# from their mobile phones. The product covers all hospitalization for any medical reason with no exclusions, making it the most user friendly hospital insurance cover in Kenya. Its availability on the Airtel mobile platform makes it the most widely accessible free insurance cover in the country. The product benefits users whose hospitalization period is up to three or more nights at a hospital.
Airtel Insurance becomes active on the first day of month following registration, and is based on the amount of airtime recharged the previous month, with a minimum monthly usage of Sh.250.
Customers also have a variety of packages to choose from. A monthly usage of Sh. 250, Airtel insurance gives the customer Sh.1,000 hospitalisation and Sh.10,000 life and accident insurance while Sh.500 usage will earn customers Sh.2,000 hospitalisation and Sh.25,000 life and accident insurance. A Sh.1,000 usage will attract Sh.5,000 hospitalisation and Sh.100,000 life and accident insurance. Finally, a Sh.2,500 usage or above will attract Sh.10,000 hospitalisation and Sh.250,000 life and accident insurance.