GA Insurance has launched a product that offers Sh100,000 to policy holders who contract Covid-19.
The beneficiaries will paid the cash after 16 days of paying the Sh3,000 annual premium, locking individuals who contract the disease within the set period.
Chief executive Sandeep Bhaduri said product is meant to ease medical bills and offer compensations to persons hospitalised or forced to go on quarantine after testing positive.
GA said for one to benefit from the cover, he or she must be admitted for a day in hospital as well as be certified to have contracted Covid-19.
“This policy is intended to provide a coping mechanism to the financial distress that one might be facing when infected with Covid-19 and then hospitalised,” he said