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Showing posts from December, 2020

Benefits of Insurance in Kenya

In light of the current economic crisis that is currently taking place in Kenya the benefits of insurance can seem highly attractive. However, it is important to understand just how life insurance benefits one of the country's citizens. One major benefit is that an individual who chooses to carry life insurance can have some form of financial protection during old age. Most  insurance companies in Kenya  offer a variety of options for the elderly including retirement and funeral plans. Another benefit of insurance in Kenya is that the elderly can be insured for their health care needs. As most Kenyans live in rural areas, it is not always easy to find a doctor that one can trust. For this reason, it is extremely important for individuals to carry life insurance. Many insurance companies in Kenya encourage the practice of universal health care coverage as many of the country's medical problems stem from living in rural areas without medical attention. Yet another benefit of insu

what is Life Insurance ? Benefits of Life Insurance

 If you somehow managed to pass by the word reference definition, "extra security" is a monetary item that pays you or your dependants an amount of cash either after a set period or upon your demise all things considered.  Be that as it may if you somehow happened to comprehend the term plainly and furthermore value its significance in your life, consider "extra security" as a back-up arrangement forever. Extra security in its easiest structure implies being readied monetarily, no matter what. It guarantees that your family and you get monetary help on the off chance that you can't acquire the truly necessary pay yourself (possibly because of a mishap, retirement, or unfavourable destruction).  In lawful terms, disaster protection is an agreement between a protection policyholder (safeguarded) and an insurance agency (safety net provider). Under this agreement, the backup plan vows to pay a pre-chosen amount of cash (otherwise called "Total Assured" o