Incidences of the c****r d*****e have been steadily increasing lately as families of those infected having to spend a fortune trying to manage the k****r d*****e.
With the cases rising, ICEA Lion Group on Tuesday launched a c****r insurance cover with premiums from Ksh165 a month. The insurance company did this as a measure to reduce the hefty medical bi*ls that families of those infected have to incur to treat their loved ones.
C****r cases have increased in the recent past k*****g thousands of Kenyans annually. World Health Organisation Globocan report for last year showed c****r k***s 32,987 Kenyans a year, with 45,000 new cases also being reported.
Speaking at the launch business development and technical services general manager George Nyakundi said the product wi*l cater for the financial needs of patients from diagnosis, treatment, surgery to palliative care and relapse.
“C****r management and treatment can be very expensive, averaging Ksh2.5 mi*lion,” Nyakundi said, “We have designed a product that is affordable to save families from the a***y of selling property or fundraising to meet treatment.”
The premiums vary depending on age, gender, habits, period of the cover and medical history. The least premium paid is Ksh165 a month and the highest Ks2,700 per month.
18-year-old male non-s****rs seeking a sum a*sured of Sh1 mi*lion wi*l start with premiums of Sh165 while s****rs at the same age wi*l pay Ksh370 a month. Female non-s****rs at the same age wi*l start with Sh170 while s****rs wi*l pay Ksh400.
The premiums are renewable each year, rising gradually with age. Male non-s****rs at 40 years seeking Sh1 mi*lion sum a*sured wi*l contribute Sh2,000 a month while their females wi*l part with about Sh2,700 a month.
The insured wi*l receive 10% of the sum a*sured with additional pay-outs made for chemotherapy, radiotherapy, surgery, relapse and palliative care for up to 65 years.
However, the cover is not available for those who have been already diagnosed with c****r. It is only open to Kenyans of between 18 and 59 years who have been c****r-free for a year before taking up the cover. The cover comes with inbuilt remission bonus and also covers benign brain tumours with an additional 10% of the sum a*sured.
The cover comes with an a*sured sum of between Sh1 mi*lion and Sh15 mi*lion depending on premiums contributed.
