ICEA LION Life Assurance
Usomi Bora Education Plan
School fees plan · Regulated by the RBA
A school fees plan. You save into it over years and the money is there when the fees fall due.
Hear when this changes
What if you stop paying?
The insurer does not publish what happens if you stop. Ask before you sign.
What if you need the money early?
No surrender value is published. Ask what you would get back.
Who this suits
It could work for you if
You are saving for school and want the plan to survive you.
Think twice if
You want to know what is taken from each payment. It is not published.
What they tell you
- Do they say who regulates them?Yes — the RBA. That is who you complain to.
Talk to them
- Website: www.icealion.co.ke
- If something goes wrong, the RBA is who supervises them.
Compared with the others
There are 13 other plans of this kind on the board. See all 14 side by side — what each one leaves you with, and which of them will not say.
Where we got this
- ICEA LION: individual life, education and investment plansthe company itselfRead on 2026-08-28