LifeVest Plan


INVEST WITH PEACE OF MIND
with the Lifevest Plan


Experience a unique and flexible investment and insurance solution that gives you both choice and cover. With the Lifevest Plan, you can grow your savings while you ensure you and your loved ones are covered for all eventualities.


THE LIFEVEST PLAN LETS YOU:

  • Invest in specific portfolios of your choice.
  • Receive a minimum level of life cover.
  • Track your own monthly performance and change your portfolio
  • Increase your life cover and add life cover products when you need to.

 

INCREASING TERM COVER:

Optional additional cover that increases with time. In the event of the death of the premium payer, the family will receive the following benefits:

  • Less than one year = 0% of the sum assured.
  • After 12 months = 20% of the sum assured.
  • After 36 months = 40% of the sum assured.
  • After 48 months = 75% of the sum assured.
  • Claim thereafter (after 48 months) = 100% of sum assured.                           


NOTE: Cover is subject to a maximum of KES 5 000 000.                     

                             

HOW TO INVEST WITH THE LIFEVEST PLAN:

  • Decide how much to invest: minimum premium: KES 2,500
  • Decide how often to invest: Annual, Semi-annual, Quarterly or Monthly
  • Choose the type of investment fund that suits you: Conservative, Aggressive or Balanced portfolio (a mix of Conservative & Aggressive)
  • Choose an investment term: between 7 and 30 years (minimum 10 years is recommended)
     

LIFEVEST PLAN BENEFITS:

  • Increase or decrease your premiums when you want.
  • Pay in a number of ways: Salary Deduction, Bankers Order, Standing Order, Cheque, Mpesa, Debit Cards or Credit Cards.
  • Access up to 25% of the fund once a year: after the 5th year of the policy.
  • The policy includes basic life cover of KES 100 000.
  • Enhance your policy benefits at reduced rates using Optional Cover.                                                               

                             

PLEASE NOTE:

  • This is a unit-linked product: which means that the fund value is linked to an underlying asset performance.
  • Appropriate charges are deducted from the unit fund and are subject to review by the company.  

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