Safaricom has partnered with Jubilee Insurance to provide a home insurance plan to subscribers of its Fibre-to-the-Home product, Safaricom Home Fibre.
The home insurance plan, which can be accessed by dialing *400#, adds to the several other mobile-based insurance products that have rolled out in the country over the last few years. The difference between this one and those is that users get to pay some amount as a monthly premium instead of having the same pegged on usage per week/month.
Unlike traditional home insurance policies, however, policyholders won’t be required to provide an inventory of their household items in order to enroll and enjoy the benefits it entails.
Insured items are separated into two segments: home contents and high-risk items. The latter, high-risk items, covers our beloved gadgets (smartphones, laptops, etc) as well as other high-value items like jewellery. Users get to choose the cover they want from three plans: Hero, Pro and Fortified as detailed below:
The home insurance cover is available to subscribers of both the standard Home Fibre subscription packages as well as the Internet Plus plans (renamed to Home Fibre Plus today) announced in September which add voice minutes and unlimited SMS to the packages for an extra Kshs 500-1,000. The Platinum Plus package has been renamed Diamond Plus, in the new changes while everything else, including the pricing, remains the same.
Recently, during the release of its financial results for the first half of its financial year, ending on September 30th, Safaricom announced that Home Fibre is now accessible to more than 213,000 homes across the country.
Between now (started on November 1st) and November 18th, all existing Home Fibre customers are eligible for an 18% discount when they renew their subscriptions as part of celebrations to mark the company’s 18th birthday.