Over 45,000 Kenyans are diagnosed with cancer every year, coupled with high costs of managing and treating the disease, over 30,000 patients succumb to the disease every year. In the wake of these deaths, ICEA Lion Group launched a cancer insurance product on the 8th of October 2019.
With monthly premiums as low as KShs. 165 prospective policy buyers can choose to have a cover from as low as KShs. 1 million to a maximum of KShs 15 million. The policy is eligible to persons of 18 to 59 years.