Insurance Regulatory Authority CEO Godfrey Kiptum at a past event. [Photo/ nation.co.ke]
Only 2.7 million Kenyans are insured under different types of insurance policies, the Insurance Regulatory Authority (IRA) has revealed.IRA Chief Executive Officer (CEO) Godfrey Kiptum said majority Kenyans are never bothered by the thought of having an insurance cover especially medical insurance, until when calamity strikes. Speaking on Tuesday during an awareness drive in Kisumu, Kiptum called on Kenyans to consider signing up for at least one insurance cover.“Kenyans should take advantage of the various insurance covers available in the country to caution themselves against unexpected eventualities,” said Kiptum.Kiptum said that despite the insurance industry steadily growing in the country, many Kenyans are not covered, most importantly by medical insurance.He revealed that the government has committed Sh 200 billion in the overall insurance covers, to encourage Kenyans to seek insurance covers.“We are here to educate and create awareness to the residents of Kisumu about the policies of different insurance companies. We have done similar events in Nakuru, Eldoret and next we will be moving to Mombasa,” he said.Kisumu city, just like many urban areas still has a low uptake of insurance covers with only 3 percent of its population having been covered according to Kiptum.More than 40 insurance companies were represented in the two-day workshop where they showcased their services in a bid to encourage more Kenyans to get insured.Is there a newsworthy accident, incident or event happening in Kisumu County that you want Hivisasa to cover? Tell us what is happening by joining this group and have it published. http://bit.ly/2EOgy6Q