Features are as enumerated under Endowment Assurance the only variation is that Survival Benefits are available in installments.
- Minimum term is 10 years.
- Provides medium to long term savings & Investment vehicle.
- Ensures maximum Survival benefits.
- Installments are meant to coincide with needs e.g. purchase of assets.
- Minimum Sum Assured Kshs. 50,000/=.
Installment Benefits of 20% of Sum Assured are payable on each of the 5th, 4th, 3rd, 2nd and 1st anniversaries proceeding (before) maturity.
- 100% of Sum Assured plus accrued bonuses are payable upon maturity.
- On death or Total & Permanent disability of Life Assured, no more premiums will be payable but the above benefits will be payable as they fall due.
- Fully paid up last expense cover of Kshs. 50,000/= upon completion of term.
Solid foundations, financial strength, high level of professionalism and expertise from quality and dedicated staff mean that Kenyan Alliance’s ability to continuously respond to change and be one of the market leaders through innovation and creativity, is unrivaled.