Download the mTek app today and complete the sign-up policy to compare a wider range of insurance policies from 38 underwriters.
Compare Policies on the details that matter to you across car, health, life, travel and more insurance categories.
Found a policy? Choose a payment plan and pay directly in App to activate your policy. Still not sure on the best option? Reach out to support in App to help answer any questions.
Insurance is designed to protect you financially from unexpected events or accidents. It provides peace of mind, knowing that you're covered in case of unforeseen incidents, whether they involve your health, car, travels, or life events. Some insurance, like car insurance, is also mandatory if you are going to drive a vehicle.
An insurance broker is an independent professional or company that represents the interests of insurance buyers. Unlike insurance agents who represent specific insurance companies, brokers work on behalf of their clients to find the best coverage options and rates from multiple insurers. They can provide expert advice, help in understanding complex insurance terms, and assist during claims.
An insurance agent is a person authorized to sell and service insurance policies on behalf of specific insurance companies. Agents can be "captive" (representing only one insurer) or "independent" (representing multiple insurers). They guide customers through the process of purchasing insurance and can offer products from the companies they represent.
An insurance underwriter assesses the risk and exposures of potential clients. They decide how much coverage the client should receive, how much they should pay for it, and whether to even accept the risk and insure them. Common insurance underwriters in Kenya include Jubilee Insurance, Britam, UAP Old Mutual, CIC Group, and APA Insurance.
A premium is the amount you pay for your insurance policy. It can be paid monthly, quarterly, semi-annually, or annually, depending on the terms of your policy. The premium amount is determined based on various factors, including the type of coverage, the amount of coverage, and your risk profile.
Insurance premium financing is a way for individuals or businesses to spread the cost of an insurance premium over multiple payments instead of paying the entire amount upfront. A third party, often a financial institution, pays the full premium to the insurance company on behalf of the policyholder. The policyholder then repays the premium finance company in installments over a set period.