The Plan LifeVest is an innovative solution that gets you started on your way to investing for your future with a personalised portfolio where you decide how much you want to invest, where and how often. We designed the plan to fit your risk appetite, whether Conservative, Aggressive or Moderate. The sum of your premiums plus interest earned will be the total amount of your fund value.
You can also track your monthly performance, increase your life cover or add death, disability and critical illness protection.
The LifeVest fund fact sheets allow you to make an informed decision by giving you all the information you need to understand how the fund works, what investments are being made and the performance of the fund over time.
Lifevest Old – Policies commencing before February 2011 : Download Factsheet
Lifevest New – Policies that commenced from February 2011 to date. Download Factsheet
You select the investment portfolio you want; Conservative, Aggressive or Moderate (mix of Conservative and Aggressive) and Cash Portfolio.
The benefit pays out on the maturity date of the policy
The policy includes basic life cover of KShs. 100,000. In the event of death, the amount payable is the greater of Kshs. 100,000 or the accumulated fund value
Optional life and disability protection provides a lump sum benefit of up to KShs.10 million in case of death, critical illness, or total permanent disability
Maximum Critical Illness is 30% of the life cover benefit. The cease age for this benefit is 65 years.
The minimum entry age is 18 years, while the maximum is 80 years for the savings benefit
The policy will be available for sale for 7 to 20 years for the regular premium and 5 to 20 years for the lumpsum/once-off premium.
For monthly premiums below KShs.5,000, the conservative portfolio will be the only investment option
You decide the amount you can pay at the frequency you choose.
You select the investment portfolio you want; Conservative, Aggressive or Moderate (a mix of Conservative and Aggressive)
For monthly premiums below KShs. 5,000, the Conservative Portfolio will be the only investment option.
You can track your monthly performance and change the portfolio yearly.
You have access to up to 25% of the fund once a year from the 13 month of cover.
You can increase or decrease your premiums in line with your needs but not to less than Kshs. 2,500 per month.
You can choose to protect yourself against death, disability and critical illness or take additional life cover depending on your needs.