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    NEWS

    Equitel Rolls Out New Bundle With Minutes and Health Insurance Cover

    KhusokoBy Khusoko2019-10-29No Comments2 Mins Read
    mPharma, a technology-driven health care company has raised $35 million to build a chain of community pharmacies across Africa.

    Equity Group has unveiled a  new telephone bundle that offers customers both talk-time and insurance cover for its Equitel customers.

    This is through its partnership with Equitel, Equity Insurance Agency and Britam Microinsurance and Inclusivity Solutions where, with Ksh 1,249 per month, customers will enjoy 500 minutes across all networks plus a free Riziki cover of up to Ksh 2,500 per night in case of hospitalisation, under the new bundle.

    “This insurance cover secures daily earnings through a daily compensation to the customer in the event of admission in hospital for three days or more,” Equity says.

    Customers can also receive 1,000 minutes and a free Riziki cover for the subscriber and their family once they purchase a bundle valued at Ksh 2499.

    In addition, the customer and any family member will receive up to Ksh 2,500 per day as compensation for any lost income when hospitalized.

    Riziki is a mobile-based insurance product provided through Equitel and underwritten by Britam that was officially launched in March 2018. 

    The insurance cover secures daily earnings through a daily compensation to the customer, in the event of admission in hospital for three days or more. 

    Currently, there are over 280,126 Equitel subscribers on Riziki Cover and Equitel intends to use this offer to increase its value offering and attract more subscribers.

    Riziki cover
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    Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

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