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Jubilee Insurance

Faida Elimu Insurance Plan

School fees plan · Regulated by the IRA

A school fees plan. You save into it over years and the money is there when the fees fall due.

Hear when this changes

The details that matter for this kind of plan

Smallest amount
KES 5,000 a month, or KES 100,000 once
How you pay
Monthly, quarterly, yearly, or top up whenever
If you die or are disabled
The plan carries on and the school fees are still paid
Who can join
18 to 65

How to open this

  • then KES 5,000 a month

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

  • What is the smallest amount you can start with?
    KES 5,000.
  • Do they say who regulates them?
    Yes — the IRA. That is who you complain to.

Talk to 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