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How the mTek payment plan works – Pay with Instalments
Having a payment plan enables you to efficiently pay for your insurance stress free. To get one, log into the mTek app, proceed to click on Insurance Services and select Buy Insurance. This will lead you to all Insurance Policies available in the app.
Select your preferred cover, like an Individual Health Insurance cover.
Proceed to input your Birth Date and your Ideal Monthly Budget.
A Quote processing screen will appear and a list of all quotes you are eligible for will be generated, in which you can select a quotation that you prefer from various underwriters.
You can now proceed to view the Payment Plan option available for each quote, select and pay through monthly installments with the following criteria when checking out;
1. By providing your Employment, Income & Identification details, which will be verified to determine your eligibility for being covered through installments.
2.The total quote amount MUST be greater than Ksh. 10,000
3. By making a 20% downpayment of the quote amount and paying the rest of the installments for a selected period of months
4. Furthermore, you can select your own payment period, which should either be in 3, 6, 9 or 12 monthly installments.
5. Lastly, click on proceed to confirm your payment terms & finally pay for your cover.