Education

As a parent, you don’t need any reminding of how important it is to have sufficient resources to educate your children. We, at National Bank Insurance Agency understand this and want to provide you with the peace of mind that, should anything happen your children’s education will continue as planned.

Career Life Plus

Career Life Plus is an Education policy that provides a good platform for saving for children’s high school and tertiary education as well as the continuity of a child’s education in case of a Parent’s untimely death or Disability.

The Main features of the Product are:-

  • Face Value Minimum Kshs. 200,000 (No Maximum Amount)
  • Contribution Period 5 to 20 Years
  • Maturity Benefit Face Value Plus Accrued Bonuses
  • Additional Benefit
  • Eligibility
  • Premium calculation

The premium is calculated through an automatic rater and its value is determined by;

  • life assured’s age,
  • method and mode of premium payment
  • level of cover selected
  • layer selected
  • targeted amount
  • sum assured

 

Premium payment options

  • Monthly, Quarterly, Semi- annually or annually
Documents required when applying for Career Life plus