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Kenya: AON Kenya Insurance Brokers Ltd and UAP Insurance Company have unveiled a new product that allows someone to save towards funding health costs after retirement.
The product dubbed 'Afya Akiba' will allow someone save as low as Sh1,000, which can be remitted monthly, quarterly, or annually with members' contributions also divided into savings and life assurance portions. The contributions can be used as collateral for mortgages.
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