LIFE/EDUCATION INSURANCE COVER

[system]

@Afro

its been a while since i dealt with these policies na zilikua za Jubilee pekee. i cant quite remember how exactly they compare. But if you can afford ya jubilee and you find the terms are favorable, go for it. if they haven’t changed anything about,then policy inaitwa ‘Career Life’ minimum period you can sign up for ni five years but the more the better since you pay higher payments for short term policies than for long term policies towards a minimum payout of Ksh250,000. it favors young parents with young kids(N.B even an unborn child)who are saving towards future education kama high school ama uni.

for example.
if you have a 3yrs old girl,na ataingia highschool after 12 years,na unaona hio fees ya 4yrs maybe itakua around 400k, you can take a policy ya 12 years where you opt to pay monthly,quarterly or annually for those 12yrs.

the savings part of it ni ati after those 12 years you will take your 400k plus some bonuses. you can request the entire sum ama in installments usomeshe mtoto nayo. wazazi wengine wakiteta kwa news serekali saidia fees ya kuingiza mtoto form one ni mingi wewe ulijipanga kitambo.

the insurance part of it ni ati if you happen to die withing the 12 years you chose for the policy, as long as you hadnt defaulted on the policy,even though you are no longer there,the policy will still mature as intended after the 12yrs na bibi atapatiwa hio 400k plus the bonuses asomeshe nayo mtoto. so hatashindwa kusomesha mtoto if you were the bread winner. it gets better since hataambiwa aendelee kulipa hizo payments ulikua unalipa(whether zilikua monthly,quarterly ama annually) but pesa bado atapata after zile 12yrs.
now,if your death was a sudden accidental death (e.g afisa @pamba apigwe risasi in the line of duty…accident ya gari…etc.),then bibi kwanza atapatiwa the 4ook na hataambiwa aendeleze zile payments ulikua unalipa. and still, at the end of the 12 years bado atapatiwa the 400k plus bonuses as planned.

This is quite good, actually.

[Riddim]

@Afro

its been a while since …400k plus bonuses as planned.

Great, quite insightful, Athande

[DI_TICHA]

@Afro

its been a while since i dealt with these policies na zilikua za Jubilee pekee. i cant quite remember how exactly they compare. But if you can afford ya jubilee and you find the terms are favorable, go for it. if they haven’t changed anything about,then policy inaitwa ‘Career Life’ minimum period you can sign up for ni five years but the more the better since you pay higher payments for short term policies than for long term policies towards a minimum payout of Ksh250,000. it favors young parents with young kids(N.B even an unborn child)who are saving towards future education kama high school ama uni.

for example.
if you have a 3yrs old girl,na ataingia highschool after 12 years,na unaona hio fees ya 4yrs maybe itakua around 400k, you can take a policy ya 12 years where you opt to pay monthly,quarterly or annually for those 12yrs.

the savings part of it ni ati after those 12 years you will take your 400k plus some bonuses. you can request the entire sum ama in installments usomeshe mtoto nayo. wazazi wengine wakiteta kwa news serekali saidia fees ya kuingiza mtoto form one ni mingi wewe ulijipanga kitambo.

the insurance part of it ni ati if you happen to die withing the 12 years you chose for the policy, as long as you hadnt defaulted on the policy,even though you are no longer there,the policy will still mature as intended after the 12yrs na bibi atapatiwa hio 400k plus the bonuses asomeshe nayo mtoto. so hatashindwa kusomesha mtoto if you were the bread winner. it gets better since hataambiwa aendelee kulipa hizo payments ulikua unalipa(whether zilikua monthly,quarterly ama annually) but pesa bado atapata after zile 12yrs.
now,if your death was a sudden accidental death (e.g afisa @pamba apigwe risasi in the line of duty…accident ya gari…etc.),then bibi kwanza atapatiwa the 4ook na hataambiwa aendeleze zile payments ulikua unalipa. and still, at the end of the 12 years bado atapatiwa the 400k plus bonuses as planned.

Thanks man…Kujipanga sasa na kujua vile hizo policy zinasema…Na ukumbuke kuambia @pamba pole…Risasi haiwes mupata…:D:D:D