PHOTO[COURTESY:VICTORMATARA.COM]
CIC General Insurance, a subsidiary of CIC Group Tuesday launched a medical cover dubbed Seniors Mediplan targeting senior citizens aged 60 years and above.
Under the cover whose joining age is capped at 80 years, the insured persons will remain on cover for life with guaranteed medical protection after retirement.
Speaking during the launch, Managing Director CIC General Insurance Fred Ruoro said the innovation will ensure that senior citizens receive the medical attention they need and allow them to divert their life savings to other income-generating activities.
“As you age, medical care becomes more expensive. Senior citizens without a medical cover end up spending most of their hard-earned life savings to cater for medical expenses which drives people into abject poverty,” he said.
The product will be offering in-patient, outpatient, dental, optical, and the benefit of ambulance and air evacuation for the patients within the East Africa region.
In addition, the product will offer the last expense cover for an insured person who passes on while the cover is in force.
Children who form part of the dependents of the insured are not eligible for the product but the cover allows one legal spouse as a dependent of the principal member.