‘Mwezi kwa Mwezi’ makes motor
insurance easy, adorable and convenient
Nairobi, Kenya, 21 April 2015…….APA Insurance has launched a new platform that
allows motor vehicle insurance policyholders to pay their annual premiums
online in up to six monthly installments.
The payment platform dubbed ‘Mwezi
kwa Mwezi’ that was developed in conjunction with Swahiba Insurance
Agency is meant to make purchase of motor vehicle insurance easy, affordable
and convenient.
Usually, a whole year’s premium for motor
vehicle insurance is paid in one lump sum. The ‘Mwezi
kwa Mwezi’ proposition introduces flexibility in these payments by breaking
them into three or six installments. Besides, payments and registration is all
handled online for convenience.
According to Mr. Michael Odour, Chief Executive Officer of APA
Insurance, APA was a choice partner because the
firm has a product that is approved by the Insurance Regulatory Authority that
allows payments for motor vehicle insurance in installments.
“At APA Insurance, we are committed to
continually rewrite the rules of insurance. Our new proposition eliminates our customers’
headache in paying for motor vehicle insurance. In addition to staggering premiums into
several installments, they can now enjoy the convenience of making the payments
online,” Oduor added.
Customers signing up for ‘Mwezi kwa Mwezi’ are required to submit their personal details and
those of their vehicle registration, logbook and valuation certificate online,
besides indicating where they would like the policy to be delivered. They will also make a one-off fee of 1.5 per
cent of the annual premium.
“For as long as designated payments are made
on time, the comprehensive vehicle insurance remains current,” explains Oduor.
This new proposition follows the unveiling of
the Globetrotter Travel Cover that insures travelers against loss or damage of
luggage during travel, delayed departure of booked flights, the event that they
cannot get to their destinations because of hijack, loss of essential
documents, medical expenses and personal accidents. It also covers personal
liability for accidental injury to third party or damage to their property.
APA Insurance also offers: Motor Insurance,
Agricultural Insurance, Aviation Insurance, Health insurance, Personal Accident
Insurance, Liability Insurance, and Marine/ Transit Insurance, among others.
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