We work hard now to ensure the futures of our little ones remain bright. A great education is the best foundation for a good life, ensure that your child gets this chance through the Education Plan policy. Our policy enables you to build a fund over a period of time, making suitable provision for your child’s school fees requirements as to when they are required. It also ensures that the child’s fee required is available even in the untimely death of the policyholder during the term of the policy. The premium will be payable for the policy term selected (capped at 20 years) or until the death of the life assured if it occurs within the term.

Why the Education Plan cover?

Financial Security

This plan allows for a disciplined, systematic and easy way to save for your child’s financial education needs.

Flexible premiums

The sum assured and premiums are determined at onset and they remain fixed throughout the term of the policy. You can, however, increase your premiums or sum assured at your policy anniversary.

Flexible term

The plan also has a (saving period) which ranges from 5 to 20 years, which will be chosen by you, and this will depend on when you require the funds.


Product Specification

a) Premiums

This is determined by:

  1. Life assured’s age.
  2. Frequency of premium payment.
  3. level of cover selected.
  4. Term of the policy.

The premiums can be paid on a monthly, quarterly, semi-annually or annually and the modes of payment include Standing Order, Cheque, and Direct Debit Authority, M-Pesa or Salary Check off.
The premium is payable up to the end of the term of the policy or on earlier death.

b) Terms

  1. The policy term ranges from 5 to 20 Years.
  2. Premium will be payable for the policy term selected or until the death of the life assured if it occurs within the term.

Our main products features include:

Survival Benefits

On survival of the Policyholder up to :

  1. 100% of the sum assured plus.
  2. Simple reversionary Bonus: computed as a percentage of the sum assured (4%).
  3. Terminal bonus: computed as a percentage of the sum assured (50%).

Death Benefits

Option 1: On death as a result of an accident.

  1. 100% of the sum assured plus.
  2. Premiums are waived.
  3. At the end of the term of the policy 100% of the sum assured plus accrued bonus (simple reversionary bonus) and terminal bonus is paid.

Option 2: On death as a result of accident or illness.

  1. 100% of the sum assured is paid immediately.
  2. Premiums are waived.
  3. At the end of the term of the policy, 100% of the sum assured plus accrued bonus (simple reversionary bonus) and the terminal bonus is paid.