Airtel Mobile Commerce Uganda Limited (AMCUL) unveiled a strategic collaboration with Prudential Assurance Uganda Limited and Turaco Insurance Brokers LTD to introduce Hospital Sente.
This cost-effective hospital cash insurance, including funeral benefits, is intended to broaden insurance access for underserved communities, low-income individuals, and families.
The objective of this coverage is to alleviate the financial strain related to hospital stays and deaths for Airtel’s customers.
| 1 | What is Airtel Hospital Sente? |
| 2 | How Airtel Hospital Sente works |
| 3 | Airtel Hospital Sente Packages |
What is Airtel Hospital Sente?
Hospital Sente provides a cash payout to beneficiaries when they are hospitalized. It’s tailored to offer economical coverage to individuals and families who haven’t been served, conveniently accessible via Airtel’s Mobile money platform by dialling *185*7*6#.
The product, underwritten by Prudential Uganda, is delivered through Airtel Money powered by Turaco, a company that is reshaping micro-insurance in Uganda.
Airtel Mobile Commerce collaborates with Prudential Uganda to provide this innovative and affordable insurance product to their customers.
This partnership aims to extend insurance access to low-income households and safeguard families from unforeseen circumstances.
Prudential Uganda takes pride in partnering with Airtel Mobile Commerce Uganda Limited (AMCUL) to introduce this crucial product to the Ugandan market. This collaboration is designed to expand customer reach and provide essential financial protection.
Turaco highlighted the significance of such partnerships in ensuring access to affordable insurance for vulnerable communities.
Many Ugandans are currently outside the reach of traditional insurance, yet they are the most susceptible to financial setbacks caused by illness, accidents, and death.
Collaborations like these are crucial in granting underserved Ugandans access to affordable insurance, offering a safety net during their times of need, and ultimately providing peace of mind. This helps in promoting mass market insurance adoption in Uganda.
How Airtel Hospital Sente works
Tailored micro-medical insurance services such as Airtel Hospital Sente cater to individuals who lack immediate financial means for treatment but can defer payment based on their package.
Hospital Sente offers a cash payout for inpatient hospitalisation at any accredited hospital, covering up to 10 nights in a policy year.
Additionally, it provides a funeral benefit for the member in case of natural or accidental death. This benefit is payable to the member’s nominated Next of Kin.
Airtel Hospital Sente Packages
Airtel Hospital Sente is available in three inexpensive packages:
| Package | Description |
| Platinum | Provides a funeral benefit of UGX 4 million, hospital cash pay-out of UGX 100,000 per night of admission at a monthly premium of only UGX 5000. |
| Gold | Includes a funeral benefit of UGX 2 million, and a hospital cash pay-out of UGX 60,000 per night at a monthly premium of only UGX 3000. |
| Silver | Offers a funeral benefit of UGX 1 million, and a hospital cash pay-out of UGX 40,000 per night of hospitalization at a monthly premium of UGX 1000. |
Hospital Sente is accessible to all Airtel Money customers.
Despite being the fastest-growing insurance sector in Uganda, health insurance uptake remains shockingly low, at less than 1% according to the Insurance Regulatory Authority’s August 2022 report on the National Health Insurance Scheme.
This revelation underscores the urgent necessity to broaden insurance availability across both formal and informal sectors.
Airtel Hospital Sente aims to grant Ugandans access to superior healthcare services, especially considering the 1% inclusion solely from the formal sector.
