Affordable insurance cover for solar and off-grid customers in Kenya

12th November 2018
Posted By : Alex Lynn
Affordable insurance cover for solar and off-grid customers in Kenya

 

Provider of pay-as-you-go solar power, Azuri Technologies, in conjunction with APA Insurance, Kenya’s leading insurer, has announced the launch of HospiCash, a low-cost micro-insurance product for Azuri solar power customers across Kenya. 

By adding the optional HospiCash service to their pay-as-you-go home solar solution, Azuri customers benefit from the peace of mind with income cover when hospitalised, in addition to cover for funeral expenses.

Azuri HospiCash customers who are unable to work due to being hospitalised can claim up to KES 1,000 per day. In addition, the policy also covers funeral expenses up to KES 10,000 upon death of the insured paid to a named beneficiary.

Speaking during the official launch of the HospiCash at the APA headquarters in Nairobi, Azuri CEO Simon Bransfield-Garth said: “We are delighted to be partnering with APA to further Azuri’s vision of providing consumers across Africa with products and services that have the power to truly change and improve lives.

“Many off-grid consumers find it difficult to access modern financial products and so combining Azuri’s reach and APA’s affordable insurance allows customers to concentrate on making a full recovery rather than worrying about the loss of income from being hospitalised.”

Apollo Group CEO, Ashok Shah said, “Off-grid consumers have been traditionally underserved by insurance providers because of the relative difficulty of access. The partnership with Azuri provides a means to open up a range of financial inclusion offerings to this important customer base. APA Insurance is committed to providing insurance to all income groups in Kenya.”

Azuri’s HospiCash cover is being rolled out nationwide and will be available to all Azuri Quad and Azuri solar TV customers.

The Azuri Quad solar home lighting system costs as little as KES49 per day (or KES52 per day with HospiCash) and includes a ten watts solar panel, four bright LED lights, USB port and connectors for mobile phone charging, rechargeable radio and rechargeable torch.

AzuriTV, the first pay-as-you-go solar TV with satellite system of its kind to be launched in Africa, features a 24” super slim LED TV, over 100 satellite TV channels, four bright LED lights for use inside and outside the home, mobile phone charging, rechargeable radio and rechargeable torch. Customers pay as little as KES102 per day for AzuriTV + HospiCash.


You must be logged in to comment

Write a comment

No comments




Sign up to view our publications

Sign up

Sign up to view our downloads

Sign up

CES 2019
8th January 2019
United States of America Las Vegas, Nevada
Southern Manufacturing & Electronics 2019
5th February 2019
United Kingdom Farnborough
embedded world 2019
26th February 2019
Germany Nuremberg
Wearable Tech Show 2019
12th March 2019
United Kingdom London
AMPER 2019
19th March 2019
Czech Republic Brno Exhibition Centre