You can access a health insurance in Kenya now starting from Ksh 1,000 monthly!
Kenyans have today gotten an avenue for ease of access to quality healthcare through a health insurance solution that matches their individual financial capabilities. A flexible monthly premium payment plan has now been availed to facilitate financing for health insurance products which can be chosen from 30+ Kenyan underwriters.
This has been made possible through a collaboration between mTek, a digital insurance platform and Finclusion’s TrustGro, a microfinance company. The initiative secured funding of $1.52 million (KSh 170 million) which grants Kenyan Citizens access to health insurance plus other general insurance products without feeling overburdened by the one-off cost of the insurance premium.
During the signing of the partnership mTek CEO Bente Krogmann noted that many Kenyans are forced to spend their income on unexpected healthcare needs.
“mTek believes in the mandate to support Kenyans to gain financial independence. We need to put a stop to the fact that most Kenyans foot their medical bills with cash.
This is costly and creates cash-flow uncertainty. The solution will allow Kenyans to spare a foreseeable amount every month for their medical and also other insurance needs without carrying the burden of the premium payment all at once while still being protected from day one.”
By collaborating to provide Kenyans with affordable insurance premium financing, TrustGro CEO Tonderai Mutesva said that the MFI will be able to deliver on its promise.
“Knowing that you are protected against anything unforeseen gives you a strong sense of security. That’s why everyone should be able to afford basic health insurance or any other type of insurance to protect their assets. This is in keeping with our mission as TrustGro which is to help enhance the quality of life of our customers through simple, convenient and appropriate financial services” Tonderai Mutesva said.
The majority of Kenyan households have generally shied away from taking up healthcare and also other general insurances owing to the prohibitive high one-off cost. They can now gain access to quality healthcare services through the flexible monthly premium payment plan which can be as low as KSh1,000 monthly.
About TrustGro
TrustGro, a part of the Finclusion group, is a non-deposit-taking microfinance company incorporated in Kenya. TrustGro provides government payroll loans, private company payroll loans, vehicle logbook loans, salary advance loans. The company has 7 branches and 19 satellites with a presence in 26 Counties.
About Finclusion:
Finclusion Group is enhancing financial inclusion in Africa by building transformative financial technology services focused on high-growth market segments, providing
world-class customer experiences. Our businesses leverage our credit, risk, and technology expertise to grant financial services safely and easily using advanced, proprietary AI algorithms. Our current key focus areas are financial wellness, credit scoring, and direct lending, operating through the brands Fractal Labs, smartadvance, niftycredit, niftycover, TrustGro and Click2Pay in South Africa, Eswatini, Kenya, Namibia and Tanzania. More info on www.finclusiongroup.com.
The majority of Kenyan households have generally shied away from taking up healthcare and also other general insurances owing to the prohibitive high one-off cost. They can now gain access to quality healthcare services through the flexible monthly premium payment plan which can be as low as KSh1,000 monthly.
I need help
How can we help you Benard?
Send me more information about this 1000 shillings per month cover. Include iligibility, benefits and any other information
A good one but you application is not on IOS
Hi Alex. We are working to release an IOS app in the next few months. However, you can write to us on our email [email protected] or contact us at 0800 720 137 and we will help you purchase a cover from our system.
quotes for medical cover
Download our app to check out different options fitting your needs! https://bit.ly/3ecAKn2. You can also reach us through our email [email protected] or our toll free no 0800 720 137 and we will guide you through the purchase process.
Do you have bronchures?
List of hospitals?
Yes we do. We will send the brochures and list of hospitals to your email
Good stuff,can I get your list of hospitals in wote makueni county
Good stuff can I get list of hospital in Nairobi that offer your survices
Hi Mtek..can you give the list of hospitals one can use
Can you send me the brochures and list of hospitals please?
This is good
What are the basic requirements that you will need. o sign up
Which panel of hospital
Will insurance agents sell for you.
Satellite
Hello mtek
What are the eligibility requirements for one to purchase a cover. Also give the list of the hospitals in cover
Dear Mtek,
Could you share your brochure and help me understand what happens in terms of how payment is done, what hospitals and cases are covered as well as the process of accessing medical help.
I can not see all types of insurance covers
Hello Joseph. Our partnership with Trustgro was made to provide an easy platform for our clients to acquire health insurance. However you download the mTek-app and buy an other insurance through the app.