Briisk InsurTech Blog

Now you can get Hearing Aid insurance online

Posted by Gordana McNamara on Sep 10, 2019 3:05:31 PM

Hearing aid devices are incredibly expensive, ranging anywhere upwards of R15,000 per unit (that’s per ear), and for the hearing impaired, simply indispensible.

Many hearing aid providers will offer warranties on their devices upon purchase, and these usually only remain valid for a year, while excluding water damage and theft. Thereafter, these devices – vital to our health and happiness – will be at risk from a multitude of elements such as damage, factory defects, loss or faulty workmanship.

Recognising the immediate need for protection against these everyday hazards, MediFin has launched an innovative new Hearing Aid Insurance product, insured by Mutual and Federal Risk Finance, which will cover hearing aids against accidental or unforeseen loss and damage, including water damage and theft.

“As part of our suite of medical insurance products, we are constantly aiming at adding value for our customers, and adding hearing aid to our offering felt like a great contribution to making a difference.,” says MediFin’s CEO Tiaan de Jager.

Briisk, the technology partner behind this innovative online product, makes this affordable insurance available through their White Label technology, bringing it directly to your fingertips, instantly. Briisk CEO and co-founder, Hanno van Aarde, says, “Due to the complexities of the insurance industry and regulatory framework, launching any insurance product is difficult. Briisk’s White Label technology allows us to easily configure new and innovative insurance products and launch them into the market, fast. Our goal is to digitise the insurance market and to accelerate access to the online point of sale, to the point where anyone can sell or buy insurance, seamlessly and at affordable prices.”

MediFin’s Hearing Aid Insurance comes at an affordable price of less than 1% of the cost of your hearing aid device. It will not only cover the unexpected cost of repairs, or the cost of its replacement in the event of total loss or damage, but covers you no matter where you are in the world. Travel with peace of mind.  We insure our cars, our phones, our laptops and more. It only makes perfect sense to insure the devices that allow us to hear.

Get your hearing aid insurance on Medifin https://insurance.medifin.co.za/medifin

Topics: insurance, digital insurance, budgetinsurance, hearingaid, hearingspecialist, hearing, ENT

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