Career life is an education policy which provides a policyholder with saving plans such as planned saving for high school, college and university fees etc.
Benefits
- Policy loan
- Tax relief (15% of B.P.)
- 30-day free-look period
- Minimum of 4.5 interest per annum
Features
- Entry age (ANB): 18-65 years
- Maximum maturity age: 70 years
- Minimum sum assured: Kshs. 200,000
- Policy term can vary from 5 to 20 years
- Cash value: 3 full year’s premiums
- Must be in force for at least 3 years
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