Accidents are inevitable and are part of our day-to-day lives from childhood to the golden ages.

While children are the most prone to accidents because of their lack of sense of danger, adults also often find themselves in serious accidents.

Some accidents can lead to serious injuries that can lead to long-term disability. This call for financial backup should the unexpected happen, as hospital bills can add up to a hefty amount.

Having a Personal Accident plan which pays a lump sum cash benefit in case of an accident can be helpful.

Various organizations have rolled out products to get their customers covered in case of unfortunate events.

A good example of such a product is the Timiza insurance cover by Timiza, a digital bank introduced by Absa Bank as a mobile-only banking platform.

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.

Everything you need to know about Timiza, the cheapest short-term loan facility in Kenya

The beauty about Timiza is that the platform has simplified the whole insurance cover application process. By just dialling *848#, customers can access the service at the comfort of their homes.

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.