Accidents and the death of a loved one are undoubtedly traumatic.
Many families face financial pressure in paying the bills when their kin is injured or dies, especially if this person is the breadwinner.
The good news is that there is no need to worry anymore as Timiza, a mobile only banking platform by Absa Bank, has designed the most affordable insurance cover to cover personal accident as well as funeral expenses.
The product allows both Absa and non-Absa customers to access personal accident cover of Sh100,000 and funeral cover of Sh50,000 at only Sh42 per month, making it one of the cheapest insurance facilities in Kenya.
The beauty of Timiza is that the platform has simplified the whole insurance cover application process. By just dialing *848#, customers can access the service in the comfort of their homes.
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The Timiza mobile app is an alternative option. All one needs to do is to select the insurance option, accept the terms and conditions, and subscribe to the insurance option.
The premium payments are deducted from the customer’s Timiza wallet account at the end of every month.
Timiza encourages its customers to always ensure they have sufficient funds in their Timiza wallet to cater for the insurance
Besides insurance, Timiza offers various benefits to customers, including the most affordable instant mobile loans, higher loan limits, and the ability to deposit funds into Timiza through M-Pesa or other wallets.
Other benefits include saving capability with the Timiza Goal Savings Account, which earns the highest interest of 9% p.a., paid monthly into a customer’s wallet or account, airtime purchase, incentives for early repayment, good transacting behaviour and loyalty, and the ability to buy goods and services via Tills or Paybills, among others.
To get started dial *848# or download the Timiza app from the Google PlayStore on https://play.google.com/store/apps/details?id=ke.co.absa.digitalwallet or IOS App store on https://apps.apple.com/ke/app/timiza/id1579638825 .
You can also engage the Timiza team via 0204265000 or 0709213000.