Britam General Insurance has unveiled Britam Motiflex, a new solution offering flexible monthly payment plans for comprehensive motor insurance.
This innovative solution seeks to reduce the financial strain associated with traditional annual premiums, making car comprehensive insurance a more attainable option for all drivers.
Britam acknowledges that single annual premium for comprehensive motor insurance can be a significant financial burden for some customers. Britam Motiflex addresses this challenge by providing a variety of flexible payment options, including monthly, semi-annual and quarterly, in addition to the annual 60-day 3-instalment option currently available. This will allow both new and existing customers to choose a payment plan that best suits their budget and cash flow needs.
Customers can start with an initial payment of as slow as Ksh4,000 and enjoy the convenience of manageable monthly premiums.
By opting for Britam Motiflex, customers will not sacrifice any of the benefits associated with Britam’s comprehensive motor insurance. They will continue to receive complete coverage for accidental damage, fire, theft, malicious damage, and third-party liabilities. Additionally, Motiflex customers will continue to enjoy existing advantages such as 24/7 road rescue service, the ability to claim for windscreen damage via WhatsApp, and our express claim assessment at Britam Centre, UpperHill.
“We understand that the annual premium for comprehensive insurance can be a significant upfront cost,” said James Mbithi, Ag. CEO and Principal Officer at Britam General Insurance. “Britam Motiflex is designed to make comprehensive coverage more accessible by offering flexible payment options. This empowers our customers to prioritize their safety on the road without compromising their budget, especially during these challenging economic times.”
Britam Motiflex will offer a significant advantage in the Kenyan auto insurance industry. It provides unmatched flexibility and affordability, allowing customers to improve their cash flow management and gain easier access to comprehensive insurance. This innovative program makes it easier for drivers to prioritize their safety on the road by removing the upfront cost barrier associated with traditional annual premiums.
Britam is dedicated to continuous innovation, developing solutions that adapt to the evolving needs of its customers. With the launch of Britam Motiflex, Britam takes a significant step forward in ensuring that comprehensive car insurance is no longer a luxury, but rather an essential and accessible safeguard for every driver on the road.
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