Uptake of insurance products among Kenyans remains low with a survey dubbed Wakenya quoting only 25 per cent of adult respondents saying they were insured. Another 66 per cent said they had no form of insurance.
“Kenyans are still averse to insurance as a mind-boggling 66 per cent are not insured for reasons including ‘Don’t have money’, ‘Uninterested’, ‘Lack of knowledge’ and ‘Expensive’”, said Ruth Ruigu, associate research director at Consumer Insight.
