There’s now a lipa mdogo mdogo comprehensive insurance by APA

APA insurance has launched a comprehensive motor insurance cover that allows for payment of premiums to be made in instalments.

The firm said the cover, dubbed named Bima Bamba, which allows clients to spread the cost over the course of a year, is meant to ease the burden on car owners.

“Bima Bamba motor cover clients have the opportunity to pay their full third party premium, plus the first payment of the comprehensive cover, at the outset and then the balance in eleven equal monthly payments,” said the underwriter in a statement.

“This avoids the cost of annual car insurance putting strain, all at the same time, on other areas of client’s budgets and puts them in a position to manage their money well.”

Motor vehicle insurance accounts for a significant share of the existing underwriting business, given that it is compulsory for all vehicle plying Kenyan roads to be insured.