New Msingi Poa Plan
This is an endowment policy meant to provide an annual income to coincide with the payment of education expenses, investment, purchase of property, holidays, pension, business capital etc.
Benefits
- Four (4) guaranteed cash payouts in the last four years of the policy term, each equal to 100% of the sum assured.
- A lump sum cash payout on death equal to 100% of the sum assured.
- In the event of death of the policy owner, premium payment stops and sum assured is paid to the beneficiary. Also the guaranteed cash payouts will be paid out in the last four years of the policy term.
- Premiums are not payable in the last three (3) years of the policy term.
- The policy is available in two options – With medicals and Without medicals.
- The plan term is between 8 years and 22 years.
- The plan is eligible for personal income tax relief.
- Policy loan available after paying for 3 years.
Requirements
- Kenyan citizen with a valid national ID or passport
- Resident with a valid resident certificate.
- Age – 18 and 55 years.
- Utility Bills (water or electricity) or other proofs of residence.
Illustration Of Cash Payouts In The Last 4 Years
Date of birth: 27yrs
Term: 15 yrs
Sum assured: 1,000,000…………………………………
- 1st Cash Payout Year 2025. Amount…1,000,000
- 2nd Cash Payout Year 2026……………. Amount …1,000,000
- 3rd Cash Payout Year 2027……………. Amount …1,000,000
MATURITY CASH PAYOUT YEAR 2028……. Amount…1,000,000
TAX RELIEF
PREMIUM /MONTH 20,940
TOTAL PREMIUMS PAYABLE 3,015,360
TOTAL CASH BENEFIT PAYABLE 4,000,000
TOTAL RETURN TO THE CLIENT 984,640
TAX RELIEF 15% per month 3,141
Tax Relief total savings 12 years 452,304
NB – Please note that the above is for illustration of benefits only and is not a part of the policy contract.
Proverbs 13:22 “A good man leaves an inheritance to his children’s children, but the sinner’s wealth is laid up for the righteous.”
For more details contact:-
Financial Advisor: Gallin Wekesa
Telephone: 0712-870-447
Email address: gallywexa@gmail.com.
Hello britam , do you cover for kids education, health and medical for the whole family at the same time
jacob, our life policy covers education for the kid and a life cover for the policy holder or the life assured, we also have a policy that can cover the life of the child. the cover is specific to some eventualities like chronic illnesses, disability, death or injury, depending on the kind of cover the client has taken.
health and medical expenses for the whole family are covered separately using a medical cover.
thank you. for more inquiries, kindly holla at 0712870447 or gwwekesa@britam.com
Have 3 kids aged 10,8& 2 yrs ,want an advice on the best insurance policy for atleast 1
Hello Nicholas, sorry for late reply, could you email me your details so that i can give you a quote. your date of birth and the prefered sum assured. i will give you a quote for the 3 kids.
I havd a two and half year boy i would want to start saving for his education how can u advice me on this .i want to save for him as early as now.
THANK YOU DAVID FOR SHOWING INTEREST IN OUR PRODUCTS. CHECK YOUR MAIL, I WILL ADVISE YOU ON THE BEST PLAN TO TAKE.
I have 2 kids ages 5 and 1.kindly advice me on your education cover
Hi, have six and half year old daughter and want education policy for her. I kindly advise the best product. Victor
Thank you victor for showing interest, check mail and revert.
My worry is, if I pay premiums for more than 8 years, why should I just have to get the school fees for only four years?
Jacob, the fees you get for four years goes with the plan you took, msingi poa pays four times, super e plus pays 7 times and so on, so it depends with the plan you took, which considers the current age of the child or stage they are in, and when they need that school fees.
I have one kid who is 2years I want to get a education policy. kindly advise
my son is 4 years now.kindly advise on
how to take a education cover for him.peter Mwove.
I have an 8 years old and a 12 years old. Kindly advise on the best plan
Elizabeth, kindly check you mail for advice on the above. thank you.
I have 6 years old boy and i would like to know the best for education and medical for my family.Kindly advice.
I have a 3 year old daughter and I would like to make premiums of aroid 4500 a month for 17years kindly calculate using my age of next birthday as 25 and revert to me asap
I hav a 8yrs old boy…advice on the best education policy
Kindly check your mail
hae I have a two kids one is 12years old the other one is four years old would like to have the education policy and afia poa. kindly give me the rates
I have 2kids aged 2 and 6yrs respectively.Am in juakali sector with and having a daily income that varies from time to time,what education policy is best for my kids.
Daniel, Thank you for checking. Imarika is best suited for you and your profession since the installments should not be necessarily regular- the premiums can either be regular or lump sum( can be over and above the regular payments). Lets engage more on your mail.
Hello. impressive job. I did not anticipate this. http://casinossir.com
Thanks for your excellent customer service.
Much Welcome Agnes. You Were my First Diaspora Client- All the way from Saudi Arabia.