The policy provides life cover for a specific term, which can be either renewable or non-renewable. The Kenyan Alliance term assurance runs for 5 years and is renewable thereafter for a further 5 years.
Features & Benefits
It pays the sum assured on death within the policy term and it is a cheap form of life insurance, which provides adequate financial protection to your dependents upon your death. It is a cheap way of adequate Estate creation and is suitable to cover short-term commitments such as Loans.Applicable Riders
Life & Disability Guard Rider: Pays the sum assured either on death or on Total and permanent disability within the duration of the basic policy.
Critical Illness: Pays the sum assured on diagnosis of a serious illness within the duration of the basic policy.
Last expense: Pays the sum assured of Kshs.100, 000 on death within the policy term.
Accidental Death Rider: it pays 100% of sum assured for the insured in case of death due to an accident.
Dully completed application form, copy of identity card and Pin number will be required
For Disability and Critical illness Claims, completed claim form and Doctors report will be required.
For Last expense, a written notification of the death and burial permit will be required.
Death Claim dully completed claim form, death certificate, copy of ID and original policy document.