Term Life

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The plan is a single premium insurance cover which offers protection for a given period of time. The term is defined as a period of one year with the option for renewal.The benefits of our term life assurance are payable as a lump sum upon occurrence of an insured event. The beneficiaries who are named in the policy are the ones to claim when an event insured occurs.

Features

In the event of death by natural cause or by accident, Ksh 1,000,000 becomes payable to the estate of the insured member’s estate.

In the event of death by accident, another Ksh 1,000,000 becomes payable to the estate of the insured member’s estate, making the total amount payable to be Ksh 2,000,000.

If the insured member is diagnosed for the first time (during the policy term) critical illness, we pay 30% or Ksh 300,000 to the member to assist him obtain specialized treatment at the earliest time possible.

The policy allows for higher cover in multiples of the cover as outlined above.

As for the basic cover, there is no medical examination requirement; our clients are only expected to provide a declaration of good health.

For higher covers, you may be requested to provide medical examination report at our own cost.

Affordable premium of Ksh 10,000 for the basic cover and a proportionally higher premium for higher covers.

In the event of a claim, we pay one lump sum upon proper documentation as required under each of the named benefits

Flexible premium payment by cheque or by Mpesa for the term of the policy.

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