REQUIREMENTS
- Fill out a proposal form.
- KRA pin.
- ID copy
- Premium Payment
OUTLINE
Insurance investment savings plans, also known as investment-linked insurance plans or unit-linked insurance plans (ULIPs), are financial products that combine life insurance protection with investment opportunities.
With these plans, policyholders pay regular premiums, part of which goes towards providing life insurance coverage, and the remaining amount is invested in various financial instruments like stocks, bonds, or mutual funds, based on the policyholder’s risk appetite and investment goals.
DETAILS AND BENEFITS
1. Life cover
2. Access to a loan
3. peace of mind
4. Prevents overspending or squandering
5. Saving to meet a goal/purpose