Having an asset, at whichever cost you acquire it, is one of the key indicators that one is wealthy. It could be a smartphone, a plot of land, a car, name it. But the value of your asset is prestigious to you, only as long as you have it. The moment you lose it is the reset button of it all.
The best solution for such a scenario is having an insurance plan, yet its relevance to Ugandans is still on a low. Some people will tell you they can protect their assets as much as they can, while others think of it as a business to slowly take some of their hard earned income.
Jumia Uganda has come up with a campaign to secure and cover up any of the products you buy off the platform for up to a year of usage.
The company has partnered with Liberty Insurance to ensure that customers can feel at ease when using the products they get off Jumia.
How does one get their product insured on Jumia?
In the process of purchasing a product on Jumia, as you check out, there should be an option to insure it. The insurance plan depends on the product you are buying, or its category, and is based on the value of the product. However, it does not exceed 2% of the value.
For instance, if the product you are buying costs UGX 10,000, the insurance won’t go beyond UGX 200.
What does the insurance cover?
Jumia Uganda CEO, Mr. Ron Kawamara, explained that the insurance covers up for theft, loss, or damage of the product bought on Jumia within a year of purchase. In case any of this happens, Liberty Insurance will follow up the incident and make a replacement for you.
