Our goal is to simply make it possible for you to reimagine your children’s education with the KCB Elimisha insurance policy,
that’s not only an education policy but also a life insurance plan. It is not just parenthood, KCB Elimisha is #ParentGood.
- Flexibility - Increase and decrease the sum assured as you need on the policy anniversary, and flexibly increase your premium annually based on a chosen escalation rate.
- Guaranteed Benefits - We guarantee that you or your beneficiaries (whichever applies) will receive the sum assured plus accrued interest in the event of loss of life as a result of accident or illness, or upon the maturity of the policy.
- Critical illness- In the event of a critical illness, a 35% payout of the sum assured is made on the first diagnosis. This benefit will cease once a claim is made but the policy will remain in force until maturity or death whichever occurs first upon which the 100% sum assured is payable
- Waiver of the premium on retrenchment - In the event a parent/guardian loses their job or is retrenched, they will receive a waiver for payment of premiums payable for a period of six months.
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