Kenyans to buy insurance through scratch cards

UAP Insurance in partnership with Uchumi Supermarket have launched an initiative in which customers will be able to buy insurance covers of upto Sh500 monthly from UAP Insurance in form of scratch cards from Uchumi’s outlets. The ‘Do It Yourself Insurance (DITY)’ policy is aimed at reducing the need to visit insurance offices or contact agents to get a cover.

During the initiative’s launch at The Hilton Hotel, UAP managing director James Wambugu said that this will give those who do not have cover an opportunity to be insured.

Mr Wambugu said the initiative is expected to increase the number of insured population in the country, and hence increase the firm’s market share.

The insurance policy is aimed at personal accident.

A consumer in need of a monthly cover will have to purchase a scratch card of any value, and after scratching it, he or she sends the displayed policy number to the SMS line 20875.

The cover will be activated in 24 hours.

Advertisements

More Bloodshed Expected In Egypt As Brotherhood calls for rallies

Egypt is on brink of anarchy as The Muslim Brotherhood defiantly called for a week of protests across Egypt starting on Saturday, a day after more than 100 people died in clashes between Islamists and the security forces.

Despite the ruthlessness and bloodshed experienced in which more that 700 lost their lives, the Brotherhood has told its supporters to fight to the last man to denounce the overthrow of Islamist President Mohamed Mursi and a crackdown on his followers.

The Brotherhood has accused Egypt’s military of plotting the downfall of Mursi last month to regain the levers of power.

The killings have been condemned by Western countries and the UN but there is nothing that has been done to save the situation. Saudi Arabia has though thrown it’s weight behind the military.

The Brotherhood announced a series of daily rallies over the next six days, starting on Saturday.