Old Mutual has partnered with the Kenya Bodaboda Association (KBA), Rescue.Co, Incourage Insurance and Rafiki Microfinance Bank, to set up the Boda Riders Super Cover, a new solution that offers hospitalisation and last expense support to boda boda riders (motorcycle taxi riders)
The cover is designed to provide boda boda riders and owners with financial support during hospitalisation and in the unfortunate event of loss of life. With this product, insured riders will receive KES 1,000 per night of hospitalisation beginning from the third night. The benefit is payable for up to 50 nights within a calendar year. In the event of death, the cover provides a KES 100,000 last expense benefit to the nominated next of kin.
Speaking during the launch, Martin Karenju, the Managing Director of Old Mutual Life Assurance Kenya, said the initiative responds directly to the daily realities of boda boda riders.
“The number of boda boda operators in Kenya is increasing rapidly, and so are their needs. This cover is built to meet their realities, offering cash support when hospitalisation interrupts earnings and dignified support for families when tragedy strikes. With trusted partners and KBA’s nationwide reach, we are making protection simpler, faster and closer to riders,” he said.
