This is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime provided the required premiums are paid, or to the maturity date. Premiums are fixed based on the age of the insured and usually do not increase with age.
Features & Benefits
The insured party normally pays premiums until death, except for limited pay policies, which may be paid-up in 10 years, 20 years, or at age 65. Sum Assured is payable in full upon the death of Life Assured. 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.