Kenya Bodaboda Association (KBA) members will received cash and insurance cover upon being hospitalized in a new deal with Old Mutual.
Old Mutual Life Assurance Kenya Managing Director Martin Karenju said the initiative which has been rolled out in partnership with Rescue.Co, Incourage Insurance and Rafiki Microfinance Bank responds directly to the daily realities of boda boda riders.
“The number of boda boda operators in Kenya is increasing rapidly, and so are their needs. This cover is built to meet their realities, offering cash support when hospitalization interrupts earnings and dignified support for families when tragedy strikes. With trusted partners and KBA’s nationwide reach, we are making protection simpler, faster and closer to riders,” he said.
Policyholders will receive an insurance cover of up to Ksh 500,000 and Ksh 100,000 last expense benefit to the nominated next of kin.
According to Old Mutual, the insurance solution is significant as recent report shows 1,000 individuals received treatment for motorcycle crash injuries in an 18-month period, where the mean stay was 18 days, and 28pc of patients stayed more than three weeks1.
Motorcycle users also accounted for roughly 35pc of all road deaths in Kenya in 20232, highlighting the vulnerability of both riders and passengers.
“This partnership blends community networks with institutional strength. It is protection that riders can truly use, but delivered in a way that is simple, fast and fairly priced,” added Charles Gichira, KBA National Executive Chairman.
Official data shows that there are at least 1.6 million active riders nationwide, with more than two million licensed operators.
