Prime

Treasury CS Ukur Yatani caps insurance premiums at Sh40 daily

Treasury Cabinet Secretary Ukur Yatani. FILE PHOTO | NMG

By  OTIATO GUGUYU

The Treasury has capped microinsurance premiums at Sh40 a day under new regulations that seek to boost risk coverage among the poor.

The regulations define a microinsurance product and offer rules to guide firms on how to operate cheap insurance.

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Note: The results are not exact but very close to the actual.

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