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Old Mutual Life Assurance Kenya

Lengo Education Plan

School fees plan · Regulated by the RBA

A school fees plan. You save into it over years and it pays out when the fees fall due.

Hear when this changes

What if you stop paying?

If the parent dies or is disabled the plan carries on. Otherwise the insurer does not say.

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

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