Activity, Health, Insurance

Kenya Ostomy Association Members get informed on Life Insurance

Life insurance agents from CIC insurance addressing KOA members
Last Saturday (10th Aug 2024), we held a highly informative and enjoyable monthly meeting at Aga Khan Hospital, Parklands, with some of our members. The session was dedicated to educating us about life insurance, specifically CIC Insurance Group Limited The session was led by a knowledgeable team of life insurance agents from CIC Insurance Group Limited.
During the meeting, we gained valuable insights into the basics of life insurance policies, including how they operate and the benefits they offer. We were pleasantly surprised to discover just how affordable these policies can be for both individuals and families.
The session was highly interactive, with members asking questions and receiving clear, detailed answers.
By the end of the session, everyone had gained a deeper understanding of life insurance and its critical importance, particularly in the event of unforeseen circumstances such as death.
Many of the members present were so impressed by the information provided that they decided to sign up for the policy on the spot.
What Did We Learn About Life Insurance?
Life insurance is a contract between an insurance policyholder and an insurer. The policyholder pays a premium, and in return, the insurer promises to pay a sum of money to a beneficiary designated by the policyholder if the insured event, typically death, occurs.
Depending on the contract, events such as terminal or critical illness may also trigger a payment. The main benefit of life insurance is that it protects the financial needs of your family should you lose income due to a critical illness or death.
It’s important to think of insurance as “a way of avoiding hardship” rather than a “convenience” or a “get rich quick” scheme. No matter how diligent you are in building your financial empire, failing to purchase adequate insurance can quickly lead to financial difficulties.
If you’re interested in learning more about this policy or would like assistance in signing up, please don’t hesitate to reach out. We’re here to guide and assist you every step of the way.

Please purpose to attend next month’s (September) meeting, which will be fully VIRTUAL, and learn more about INSURANCE. We will continue to explore more on this topic because it is important.
Check out our Facebook group (if you haven’t) where we keep on updating our activities. Here is the link Facebook post on Life Insurance Training
(see some of the images from the training below)

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