Michuki, Saitoti and Ojode families get Sh10m insurance
From left: Jubilee Insurance Company chief executive Patrick Tumbo, House Speaker Kenneth Marende and Clerk Patrick Gichohi during the presentation of a Sh30 million dummy cheque at Parliament Buildings June 28, 2012. The money will go the families of the late John Michuki, George Saitoti and Orwa Ojode. SALATON NJAU
By LUCAS BARASA lbarassa@ke.nationmedia.com
Posted Thursday, June 28 2012 at 13:21
Posted Thursday, June 28 2012 at 13:21
The families of three MPs who died this year have received Sh10 million each by an insurance company.
Jubilee Insurance Company gave the families of the late Environment minister John Michuki, the late Internal Security minister George Saitoti and the late Internal Security assistant minister Orwa Ojode the money Thursday.
The families are also expected to get another Sh10 million each from Kenindia Insurance.
National Assembly Speaker Kenneth Marende and Clerk Patrick Gichohi received a Sh30 million dummy cheque from the insurer at Parliament Buildings.
The payments were transmitted to the accounts of the bereaved families electronically by their respective banks.
The late Michuki ,who was Kangema MP, died in February following an illness while ministers Saitoti and Ojode died in a plane crash on June 10.
Jubilee Insurance chief executive Patrick Tumbo said each of the bereaved families will get Sh10 million for life assurance cover.
Mr Gichohi said the National Assembly paid Sh12.6 million as premium to Jubilee Insurance.
"It was an open tender running from September 1, 2011 for renewal on August 31, 2012,” Mr Gichohi said.
Mr Marende said all the 224 MPs are covered by Jubilee Insurance for life while Kenindia provides group personal accident policy.
Life cover
The Speaker said the life cover is for compensation of MPs who die from any other cause other than accident.
The insurance cover, the Speaker said is to enable families of the deceased not to be left in squalor adding that it is one of most progressive things done by Parliament since independence.
“The insurance cover takes care of welfare of Members and ensure Kenyans receive value from Parliament for services provided by representative institutions,” Mr Marende said.
Mr Marende praised Jubilee for the prompt payment saying the firm acted differently from the notion that it is easy to pay premiums but getting the claims is not.
Mr Tumbo said his firm released the claims even before receiving death certificates of the three former ministers.
He said Jubilee is the top insurance firm in Kenya, Uganda and Tanzania in relation to medical, general, life and pension insurance.
“Last year we were honoured by 12 awards including best risk management. Our chairman was also awarded life time achievement award while this year we were honoured for being the best in claims settlement. We are one of the best in the region and ISO certified,” Mr Tumbo said.
He said Jubilee, which is marking its 75th anniversary, also stood out and paid all its customers who suffered losses during the 2007 post-election violence.
“We are top of the range when it comes to insurance cover. We receive payments and honour claims promptly,” Mr Tumbo said.
He thanked Parliament for passing legislation to assist the insurance industry.
Mr Tumbo encouraged Kenyans who are above 18 to take insurance covers.
“We need everybody to take insurance cover so that when misfortunes occur they could be compensated and families reinstated to the state they were before the loss.
"We are also trying to make insurance available to low income earners, church groups and school going children,” Mr Tumbo said.
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