Insurance – a safety net, a shield against the unknown, and sometimes a misunderstood concept. Let’s dive deeper into the world of insurance in Kenya, debunking myths that might be holding you back from securing your financial future.
“Insurance is Too Expensive.
” The initial cost of insurance may seem daunting, but it’s a small price to pay for protection against life’s uncertainties. With Equity Insurance Premium Financing, you can split payments over ten months, making it more manageable.
“
I’m Young and Healthy; I Don’t Need Medical Insurance.
” Health crises don’t discriminate based on age or fitness level. Coverage from health insurance ensures you’re prepared for unexpected medical expenses. Equity Insurance offers tailored plans for every lifestyle.
“
My employer’s health insurance is enough.
” While employer-provided coverage is beneficial, it may have limitations. Supplementing with additional policies guarantees comprehensive protection for yourself and your family in the long run.
“
Only Expensive Items Need to be Insured.
” From your home and car to personal belongings – everything has value. Protecting these assets with comprehensive coverage options from Equity Insurance ensures peace of mind.
“
Life insurance only benefits my beneficiaries.
” Life insurance isn’t just about leaving a legacy; it can also support you financially during your lifetime. Some policies offer tax benefits and cash value that can be utilized when needed.
“
Having a Good Driving Record Guarantees Low Car Insurance Premiums.” While safe driving helps, other factors influence your premium rates too. Stay vigilant on the road and explore different options with Equity Insurance for better rates.
“All Insurance Policies Are the Same.” Not all policies are created equal. It’s essential to compare offerings and select one that suits your unique needs and risk appetite. Equity provides diverse policy options catering to individual requirements.
“Insurance is made complex to confuse customers.” Understanding insurance terms can be overwhelming, but providers like Equity strive to simplify the process. Clear language in policies, simplified risk notes, FAQs, and multilingual staff ensure transparency in coverage understanding.
“Insurance Companies Will Do Anything to Avoid Paying Claims.” Reputable companies like Equity prioritize fair claims settlement promptly by providing accurate information upfront. Regulatory bodies like Kenya’s IRA oversee industry practices ensuring consumer protection.
“It takes too long to file a claim; insurance frustrates the process.” Streamlined processes by insurers such as Equity aim at making claims hassle-free through detailed explanations upfront, electronic submissions at branches using technology while maintaining service level agreements for prompt processing.
Don’t let myths hinder you from safeguarding yourself & loved ones—explore affordable solutions offered by Equity & secure peace of mind today!
Leave feedback about this