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{
"id": 1337242,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1337242/?format=api",
"text_counter": 169,
"type": "speech",
"speaker_name": "Dagoretti North, ODM",
"speaker_title": "Hon. Beatrice Elachi",
"speaker": null,
"content": "do not even allow you to restructure. They will not even listen; they just start piling up the principal and you find yourself with a lot of penalties. At the end of the day, you just give up. Many insurance companies have taken Kenyans’ monies because after such frustrations, people just decide to leave the insurance and that is how their money is lost. We need to pass this Bill. First, we need to regulate the sector. Secondly, we should start following the Constitution. If any sector in this country is getting money from any citizen, there must be a component of public participation. They should go out there and create awareness on how they will be running their institutions. Kenyans should understand the type of insurance that the Government takes. There must be public participation on the same for citizens to be made aware of what would happen if they were unable to pay their insurance claims on time, the penalties that would be charged, and what would happen if they were incapacitated. As I finalise, financial reporting, which is very critical, must be put in place. We must now get clear reports. We should receive annual reports on how our Bunge Health Insurance cover is performing so that we know whether it is facing the same challenges that the insurance industry is going through. You then find that when we go for health check-ups, there is a lot of back and forth with the insurance provider but they cannot say that they are facing some constraints. They instead let clients carry the burden. I appreciate the Leader of the Majority Party. We should look into the bodaboda sector and ensure that riders get insurance which will safeguard their lives and the lives of their clients. With those few remarks, I support the Bill."
}