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Originally published by The Standard BusinessAugust 1, 2025
2d ago
Insurers now warm up to health cover for the elderly

He says, despite her requiring quality care due to her advanced age, very few insurance companies are willing to fully insure her, claiming that she is a high-risk client...
✨ Key Highlights
Kenyan insurers are increasingly developing health insurance products for the elderly, a demographic previously underserved due to perceived high risk. This shift offers relief to younger generations supporting their older relatives and addresses a significant gap in the country's insurance market.
- Among 41 approved general insurers in Kenya, several now offer senior-specific health plans, including AAR, CIC, Old Mutual, KCB Insurance, and Jubilee.
- The demand for quality healthcare for the elderly is high, with a Kenyatta University study in Nairobi revealing 67% of interviewed seniors lacked insurance coverage.
- According to Principal Officer Joseph Kuria from Ensign Insurance Brokers, while premiums can be high due to age-related health risks, there's a need for innovative insurance models like their new product, Linda Mzazi.
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