Elimisha Plus Cover
Guarantees children education whether the parent or guardian is alive, dead, critically ill or disabled.
Features
- It has 5 payouts at regular intervals tailormade to suit the current education system at any level.
- Minimum term is 9 years and maximum term is 20 years.
- Minimum Sum Assured is KES.300,000
Benefits
- Maturity Benefits
- 200% of Sum Assured
- Natural Death
- 100% of Sum Assured payable upon natural death.
- Then the policy continues to pay partial payouts and full maturity when due.
- Accidental Death Benefits
- 200% of Sum Assured payable upon accidental death.
- Then the policy continues to pay partial payouts and full maturity when due.
- Double Accidental Death Benefits
- 200% of Sum Assured payable upon accidental death.
- 200% of Sum Assured upon Permanent Total Disability (PTD) -Loss of both Limbs or sight of both eyes.
- 100% of Sum Assured upon PTD on Loss of one Limb or sight of one eye.
- For PTD (On either Natural or Accidental Causes), Then the policy continues to pay partial payouts and full maturity when due.
- Critical Illness (CI) Benefit
- 50% of Sum Assured is payable under the main benefit on first time diagnosis of any of the listed Critical/ Terminal
- Diseases; cancer, heart attack, stroke, kidney failure, paraplegia or paralysis, coronary artery disease and major organ transplant.
- Then the policy continues to pay partial payouts and full maturity when due.
- Waiver of Premium on death, CI and PTD
- The company shall waive all future premiums upon death.
- On admission of Waiver of Premium, full benefits intended at inception are payable.
Tax relief equivalent to 15% of monthly premium subject to a maximum of KES 5,000.
You enjoy quarterly, semi-annual, and annual premiums discounts of 4%, 6% and 8% respectively.