Old Mutual, Kenya Bodaboda Association (KBA), and Partners Launch “Boda Riders Super Cover” to Protect Motorcycle Taxi Riders in Kenya
In a landmark initiative aimed at addressing the unique risks faced by boda boda riders and owners in Kenya, Old Mutual, in partnership with the Kenya Bodaboda Association (KBA) and other collaborators, has launched an innovative insurance product known as the “Boda Riders Super Cover.” This specialized insurance solution is designed to offer critical hospitalisation and last expense support tailored specifically for boda boda operators, one of Kenya’s most vulnerable and underserved groups on the road.
🔑 Key Takeaways
- Revolutionary Coverage: First specialized insurance product designed specifically for Kenya’s boda boda riders
- Daily Support: KES 1,000 per night hospitalization benefit from the third night up to 50 nights annually
- Family Protection: KES 100,000 last expense benefit for families in case of rider’s death
- Addressing Critical Gap: Motorcycle users account for 35% of road fatalities in Kenya (2023 statistics)
- Strategic Partnership: Collaboration between Old Mutual and Kenya Bodaboda Association
📋 Table of Contents
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📱 Join WhatsApp GroupPurpose and Background
The purpose of the Boda Riders Super Cover is to provide much-needed financial relief and security for boda boda riders who are exposed to high risks of accidents and injuries as part of their daily livelihoods. According to recent road safety statistics, motorcycle users accounted for approximately 35% of road fatalities in Kenya in 2023, underscoring the urgency of targeted interventions for this sector.
Key Features of the Super Cover
The insurance cover is uniquely structured to cater to the medical and emergency needs of boda boda riders in the event of accidents or hospital stays:
| Benefit Type | Coverage Details | Maximum Limit |
|---|---|---|
| Hospitalisation Benefit | KES 1,000 per night (starting from 3rd night) | Up to 50 nights per year |
| Last Expense Benefit | KES 100,000 payout to next of kin | Full amount upon death |
Hospitalisation Benefit
The cover pays KES 1,000 for each night spent in hospital, starting from the third night of hospitalisation. This benefit is payable for up to 50 nights per year, providing essential daily financial support to riders who are incapacitated and unable to work due to injuries.
Last Expense Benefit
In the tragic event of a boda boda rider’s death, the policy provides a KES 100,000 payout as a last expense benefit to the nominated next of kin. This financial assistance is intended to help families cope with funeral costs and immediate expenses following the loss of their loved one.
Important Note: This insurance product specifically targets the unique vulnerabilities of boda boda operators, providing a safety net that has been largely absent in Kenya’s informal transport sector.
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Addressing Vulnerabilities and Securing Livelihoods
Boda boda riders often operate without adequate social or medical insurance coverage, leaving them financially exposed when accidents occur. The launch of this super cover represents a strategic effort to mitigate these vulnerabilities by providing riders with a safety net that supports them during hospital stays and offers monetary support to their families in times of bereavement.
This initiative aligns with broader efforts to improve road safety outcomes and enhance social protection for the informal transport sector, which plays a crucial role in Kenya’s economy by providing affordable and accessible mobility.
Stakeholder Collaboration and Impact
The partnership between Old Mutual, KBA, and other involved entities reflects a shared commitment to the welfare of boda boda riders. By leveraging insurance expertise and community networks, the coalition aims to increase enrolment and awareness among riders about the importance and benefits of insurance.
As motorcycle incidents continue to pose significant risks, the Boda Riders Super Cover stands as a critical intervention that not only offers economic security but also promotes a culture of safety and preparedness among Kenya’s boda boda community.
Conclusion
The introduction of the Boda Riders Super Cover marks a positive step forward in protecting the health and financial stability of boda boda riders in Kenya. With hospitalisation support and a last expense benefit designed specifically for their needs, this insurance product seeks to reduce the financial shocks experienced by riders and their families following emergencies and accidents. It is a timely initiative that supports one of Kenya’s most vital yet vulnerable transport communities, contributing to safer, more resilient livelihoods on the country’s roads.
This pioneering insurance solution promises to make a meaningful difference in the lives of boda boda riders, helping safeguard their futures and those of their loved ones amid the inherent dangers of their profession.
