An insurance company headquartered at the International Life House is at the centre of the storm after it failed to pay a policy on maturity.
As per online sources, a lady took an education policy with them which matured on August 1st 2022.
She sent them an email asking to be paid in which the company responded by giving her a discharge voucher to fill in for payment to be released.
Since August, Corporate Insurance Company hasn’t got back to her.
Kenyans online are reading mischief from the company.
Insurance penetration
Such stories scare other clients from securing their wealth, health and future through insurance firms in Kenya.
With a penentration that is below 5%, Kenya’s insurance sector is forever struggling.
The Insurance Regulatory Authority should look into this scam.
The lady’s insurance policy number is CL/20/24262
