I have a different Kamjove (I forget the model number, but its basically a stainless steel kettle on a black plastic base), and while it is admittedly cheap, it serves me well. It has a better pour than most of the other "nicer" consumer models, which is very nice when pouring into a small vessel. Also, the reboil feature is nice, and is not often found on non-Chinese electric kettles.
Even though it sometimes feels like the handle is going to fall off, it has lasted for well over a year now with no major problems. But most importantly, it's cheap! If I wanted something really nice I'd buy a ceramic kettle.
To the OP: what are the health problems associated with induction kettles? I've never heard this before and I'm quite skeptical.