ATTENTION: Kenyans
Find the Perfect Life Insurance Plan Tailored to Your Needs.
Not all life insurance plans are the same—some protect your loved ones after you're gone, while others allow you to grow wealth while you're still alive. The right plan depends on your goals, budget, and future plans. If you choose the wrong one, you might regret it later. But don’t worry—we’ll break down your options with real numbers, so you can make the best choice today.
Understanding Your Life Insurance Options (With Real Examples)
Term Life Insurance
The Cheapest Option for Pure Protection
You pay a fixed amount every month for a set period (e.g., 10, 20, or 30 years).
If you pass away during this time, your family gets a lump sum payout.
If you survive the term, you don’t get money back (unless you add special riders).
Example
You’re 30 years old and choose a KES 3,000/month term life plan for 20 years.
If you pass away before 50, your family receives KES 5 million tax-free.
If you live beyond 50, the policy ends, and you get nothing back unless it’s a return-of-premium policy.
Whole Life Insurance
Lifelong Protection & Cash Value Growth
You pay a monthly premium for the rest of your life.
If you pass away, your family gets a guaranteed payout.
A portion of your payments grows into cash savings you can withdraw or borrow.
Example
You’re 35 years old and choose a KES 7,000/month whole life plan.
By age 60, you could have a KES 2 million cash value saved while keeping your KES 5 million life cover active.
If you ever need KES 500K for business or medical bills, you can withdraw or borrow against it.
Endowment Plans
A Mix of Savings & Insurance
You pay a fixed amount every month for a set term (e.g., 15 or 20 years).
If you pass away during this time, your family gets a payout.
If you survive the term, you get a lump sum payout (your savings + bonuses).
Example
You pay KES 8,000/month for 20 years.
At the end, you receive KES 4 million, whether you’re alive or not.
If you pass away before the term ends, your family still gets the KES 4 million payout.
Guidance Section – Which One Should You Choose?
Do I just need cheap, high-coverage protection? → Go for Term Life Insurance.
Do I want lifelong coverage with cash savings? → Choose Whole Life Insurance.
Do I want flexible payments & investment growth? → Pick Universal Life Insurance.
Do I want a savings plan with a payout no matter what? → Get an Endowment Plan.
Still have questions?
FAQ
Which life insurance plan is the cheapest?
Term Life Insurance is the most affordable, starting at KES 2,500–5,000/month for multi-million coverage.
Can I get my money back if I survive?
Yes! Whole Life, Universal Life, and Endowment Plans all build cash value or give payouts at the end.
Question 3: When can I lorem ipsum when I buy?
Universal Life Insurance has investment-based growth, but Whole Life & Endowment Plans also provide savings benefits.
Can I withdraw money from my insurance while I’m alive?
Yes! Whole Life, Universal Life, and Endowment Plans allow you to borrow against your cash value.
FOLLOW US
COMPANY
CUSTOMER CARE
LEGAL
Copyright 2025. insuranceibra.com. All Rights Reserved.