ABC Insurance, Prudential deal to cover funeral costs

ABC Bank Group managing director Shamaz Savani. PHOTO | SALATON NJAU | NMG

By ELIZABETH KIVUVA
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Summary

• The partnership dubbed the ABC Kwaheri Plan allows policyholders to cover up to 10 family members including spouses, children, siblings, parents and two parents-in-law.
• Customers will pay a minimum premium of Sh2,500 per year.

ABC Insurance Brokers have partnered with Prudential Insurance to offer life cover that will also cater for burial expenses.

The partnership dubbed the ABC Kwaheri Plan allows policyholders to cover up to 10 family members including spouses, children, siblings, parents and two parents-in-law. Customers will pay a minimum premium of Sh2,500 per year.

ABC Insurance brokers, which is part of the ABC Bank Group, also offers personal insurance, small and medium enterprises and corporate insurance, professional indemnity, travel insurance and premium financing.

ABC Bank Group managing director Shamaz Savani said they partnered with Prudential Insurance due to the firm’s specialisation in long-term cover.

“We are proud to partner with Prudential Insurance to offer our customers a life cover that will ensure they have peace of mind, especially during turbulent times such as we are in now, facing the Covid-19 pandemic,” he said.