Currently, DDFinance Kenya provides a combined Life- and Hospital Cash product. The lowest annual premium of KSH 133 (US$ 1.20) provides customers with KSH 500 (US$ 4.50) – per day when hospitalized and KSH 10.000 (US$ 90) in case of death. The customer/beneficiary receives pay–outs directly on their phone/mobile money account and decides themself how to best spend the money.
In case of hospitalization, the pay-out might replace a certain amount of lost income, so the family has money for food and payment of school fees. If the main income earner passes on, an amount of money can give a family economical help when experiencing a shock.