Britam Imarika Investment Plan!

Imarika is a Unit-linked policy which offers an opportunity to earn good returns while providing you with insurance protection (life cover).
As an investor, you have many goals in life. Saving for a child’s education, creating a fund to buy your new home, building a block of flats or simply to diversify your investment options, Imarika is the solution for today’s investor.

With Imarika, you enjoy;

• Superior Returns
• Flexibility
• Affordablility
• Insurance Protection
  Britam Imarika gives you the choice on how much you want to contribute, how long you want to contribute and the option to make adhoc lumpsum contributions towards your fund. Your contributions are invested with an aim of maximizing value to you.

Why Imarika?
Imarika ensures that you always earn competitive returns on investment ranging between 8%p.a to 12%p.a
Imarika allows you to contribute a minimum of Kes 1,000 per month
Imarika provides you with Free Life Insurance of Kes 50,000
As the fund accumulates, you our customer can make partial or Full withdrawals of the Fund value after two years.
You have the option of increasing or reducing your monthly contributions at any time.
As our customer, we ensure that we offer you active, professional investment management at a lower cost and optimized risk vs. return
The power of compounding interest spurs your investment’s growth by ensuring that what you earn today, earns even more interest tomorrow.

Who should buy Imarika?
Imarika is suitable for any individual looking to accumulate a lumpsum within the medium to longterm. It’s especially targeted at clients who are looking for superior returns while investing towards their goal of choice. Clients with other investments looking to diversify should also consider Imarika. To sign up, one must be between 18 years and 75 years.

Application process;
Complete the application form.
Attach ID copy or Passport
Select monthly amount or lumpsum and policy term
Pay the 1st monthly amount to Mpesa paybill no 541400. Alternatively, you may issue a cheque to Britam Life Assurance Limited

After sign up:
A policy document is issued within 2 days indicating details on the investment and the value date.
Statements indicating contributions made will be sent out every first week of month highlighting the fund status.
Imarika
In additional to the monthly premium, one-off lumpsum contributions/top ups can be made at anytime during the policy term.
At Maturity, we will pay out the accumulated fund value. We cushion our customers against adverse market performance by offering a guaranteed return of 5% on total premium contributed. Guarantee applies only on maturity.
In case of Death before maturity, the death cover is paid out in addition to the accumulated fund value.
Illustration 1:

Monthly premium – 20,000 Term – 15 years;
Monthly premium (KES) 20 ,000
Total Premium contributed 3,600,000
Illustrative Maturity Value (8%) 4,973,275
Illustrative Maturity Value (12%) 6,834,648
Gain at 8% illustration 1,373,275
Gain at 12% illustration 3,234,648
Illustration 2:

Monthly premium – 35,000 Term – 12 years;
Monthly premium (KES) 35 ,000
Total Premium contributed 5,040,000
Illustrative Maturity Value (8%) 6,441,647
Illustrative Maturity Value (12%) 8,253,285
Gain at 8% illustration 1,401,647
Gain at 12% illustration 3,213,285
Illustration 3:

School fees Solution;
Janet would like to take her son Joab to University abroad in the next 10 years. She needs to raise a lumpsum of KES11,000,000.
Monthly premium (KES) 70,000
Total Premium contributed 8,400,000
Illustrative Maturity Value (8%) 10,202,857
Illustrative Maturity Value (12%) 12,498,430
Gain at 8% illustration 1,802,857
Gain at 12% illustration 4,098,430

NI WAKATI WA KU-IMARIKA!
Incase of any questions, you can contact;
Gallin Wekesa
Financial Advisor
Tel No: 0712-870-447
Email: gallywexa@gmail.com,

To Register

1. Client dials *778#
2. Client enters ID/Passport Number
3. Enter KRA pin number
4. Enter residential address and occupation in details e.g Kileleshwa Hse no 3 Ndovu Estate
5. Agrees to Terms and Conditions
6. Client receives a temporary pin. If pin is not processed, call 0705100100

To Invest

1. Client dials *778# again
2. Client enters pin sent to them earlier
3. Select Imarika Investment Linked
4. Client chooses policy term (minimum 5 years)
5. Client enters premium/preferred contribution
6. Client indicates Financial advisor Phone number as 0712-870-447 for easy follow up and assistance
7. Authorize deduction from Mpesa
8. Enter pin (same as above)
9. Application is completed, client receives SMS confirming receipt of funds

Advantages of using *778#

• Client can check balance at anytime on phone
• Client can top up at anytime on phone by selecting
  “Purchase” on *778#

IMARIKA F.A.Qs (FREQUENTLY ASKED QUESTIONS)
Q. What is the minimum amount I can save?
A. The initial amount on opening your account is Kes. 1,000, however after that you can save any amount from Kes 1,000. The focus that drives you is your final goal.
Q. What is the minimum and maximum term
A. Minimum term is 5 years. There is no Maximum term.
Q. What is the meaning of “premium holiday”?
A. This means that in the event that you are not able to make your contribution for a specific month, you can continue once funds are available. During the period when you are on “premium holiday”, we continue to invest the funds already contributed. Once you resume, you have the option to pay for the arrears or simply continue.
Q. If I select a premium of 10,000 but later want to increase to 17,000, is this allowed?
A. Yes. You can increase or decrease your monthly contribution at any time during the policy term.
Q. Is there a limit to the number of deposits I can do in a month/year?
A. No. One can make as many deposits as they are able to. E.g If a client is paying Kes 15,000 per month then gets a lumpsum of 500,000 during the policy term, he can top up as a lumpsum single injection then continue with his monthly contributions. The growth on the additional top up will be reflected on his monthly statement.
Q. Is there a limit to the number of withdrawals I can do in a month/year?
A. Only 1 partial withdrawal can be made in a policy year.
Q. Is there a possibility that I can loose my money?
A. The funds are invested professionally to ensure that they generate return. You will also receive your statements monthly indicating the fund performance. In the event that that we do not perform well, the product gives a guarantee of total premium paid plus
5%. This means that the client would not receive less than what they have paid. This
guarantee applies at maturity.
However, if the client makes a withdrawal in full or partial within the first 2 years, there
will be a surrender charge on the fund value at the time. The surrender charge will apply
as follows;
Year 1 – 10% of fund value withdrawn
Year 2 – 5% of fund value withdrawn
Q. The maximum entry age is 75, Is there a minimum term based on my age
A. The minimum term of 5 years applies.
Q. I think the free life cover of Kshs. 50,000 is not sufficient. Advise
A. Imarika is focused on investment. As such, the premium contributed is invested to
maximize return to our client. If you need additional life cover, the same can be availed
through our other life products.
Q. Do I need to go for medicals to get the Kshs. 50,000 life cover
A. No medicals are required for the free life cover.

Q. How long does it take for a withdrawal to be effected and for the funds to
reflect in my account .
A. Within 7 working days
Q. How do I communicate my wish to withdraw
A. A redemption form will be completed and sent to Customer Service for processing.
Q. I have indicated a 5 year term on the application form, what if
a. I wish to withdraw before then?
A. With Imarika, you can access your funds before the policy matures. The
surrender charge will only apply for the first 2 years.
b. I wish to continue saving beyond this term?
A. You will have the option of starting a new policy or transfer the lumpsum into
one of our investment plans. Eg. Money Market Fund
Q. is the interest calculation simple or compounded?
A. The interest is compounded.
Q. Do I get tax relief on my contributions?
A. Tax relief will apply for all policies with a term of 10 years or more.
Q. Can I use my savings as collateral for a loan with Britam or any other lending
institution?
A. No. This is because you still have access to your funds. You can opt to make a
partial withdrawal or a full withdrawal.
Q. After what duration of time does the guaranteed interest apply?
A. The guarantee applies on maturity i.e if the policy is a 7 year term, the guarantee
applies at the end of year 7.
Q. What payment modes are available for initial instalment and subsequent top
ups
A. Mpesa paybill no 541400, Direct Debit (DDA) or Cheque
Q. There is a sum assured of Kshs. 50,000 what happens to this amount at
maturity of my policy and I am still alive.
A. The sum assured is only paid out on death. At maturity, you will receive the fund
value.

Introducing Britam Imarika Investment Plan on *778#!

In case of any questions, you can contact;
Gallin Wekesa
Financial Advisor
Tel No: 0712-870-447
Email: gallywexa@gmail.com