KCB MORTGAGE CLIENTS TO GET HOSPITAL CASH BENEFITS

KCB MORTGAGE CLIENTS TO GET HOSPITAL
CASH BENEFITS

By Ednah Kiarie

Kenya Commercial Bank Kenya customers

holding residential mortgages will now be

entitled to a cash benefit should they contract

COVID-19 and are hospitalized.

This follows a deal between KCB Insurance

Agency and UAP Old Mutual which will see

customers, both new and existing, draw a free

cash benefit of KShs. 1,500 per day up to a

Maximum of 14 days.

The benefit is to be paid out on the first

diagnosis of COVID-19, which has to be

confirmed by a Government medical institution

accredited to carry out coronavirus tests. The

cover will run for a period of six months from

June 1, 2020.

Speaking during the signing, KCB Agency

Managing Director and Principal Officer Aggrey

Mulumbi said: “We have taken various

measures in playing our part in the society to

cushion the vulnerable, and this is one of the

ways we are showing support to our customers

to ensure that everyone we count on, from staff,

to customers to partners and the general public,

can count on us”. “UAP Old Mutual Group

remains that certain friend in uncertain times

and we are committed to honor all valid Life

insurance claims related to the COVID

pandemic. This partnership demonstrates the

value we place in the well-being of our

Customers and Kenyans as a whole. “said UAP

Old Mutual Group Managing Director for the

Life Business Jerim Otieno.

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