The “Heshima Mpango Poa” policy is an affordable insurance plan that provides coverage for families at a daily cost of Kshs 3.30. The policy offers a payout of Kshs 100,000 upon the first death of an insured family member within 12 months of the policy’s commencement or renewal. Coverage is available for individuals, spouses, children (up to 18 years or 24 years if still in school), and can be extended to parents and parents-in-law for an additional premium. Premiums vary by age, with rates starting at Kshs 1,200 per year for individuals under 50. There is a three-month waiting period for natural death but no waiting period for accidental death. Claims are processed swiftly, with Kshs 50,000 paid within 48 hours upon submission of initial documentation, and the remaining balance issued after providing the death certificate. Renewal ensures lifelong coverage.
