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Life Insurance

The cost of higher education is increasing, either due to inflation or some other economic factors. The increasing cost can result in financial strain for parents/legal guardians when their children begin higher education. Therefore, it is important to plan early to provide adequately for their higher education. The earlier you begin, the more time you give your money to grow and compound to better finance your child's higher education.

There is more flexibility on the amount of money you need to contribute regularly into the chosen savings or investment plan, i.e. you can begin with modest amounts and increase the amounts gradually as your salary increases. It is important that you choose a policy that provides flexibility to increase the amount of savings in the future.

Peaceful Retirement (Whole Life Insurance)

To guarantee you a peaceful retirement, we propose getting a permanent or otherwise known as whole life insurance. It costs slightly more than term insurance but offers additional features like cash value that you can borrow against, which grows over time. Whole life is the best-known form of permanent life insurance.

Figuring out how much insurance you need is not as hard as you may think. By answering just a few questions and doing some simple math, we can quickly estimate your life insurance needs and help you see how affordable a policy that will lead to a peaceful retirement can be.

from Shs. 2,500
Level of Protection: from Shs. 100,000 to Shs. 20,000,000
Grace Period: up to 90 days
Underwriting Conditions: Both Medical and Non-medical underwriting
Early Exit Options: After 36 months of policy being in place
Payment of Benefits: As per policy

Safe Life - Protection

Through a term life insurance policy, we can guide you on how you can get affordable, straightforward protection over a limited time period, such as 10, 20, or 30 years. This policy doesn’t build cash value, however, if you die within the term, your beneficiaries receive the payout/sum assured. When your term life insurance expires, you can buy a new policy or reassess your options.

Term life insurance policy is ideal for the main breadwinner in the family, stay at home parent, homeowners, and business owners. Do you need more specific information? Please fill in the details in the quote form and one of our advisors will come back with options that may work best for you.

from Shs. 2,500.00
Level of Protection: from Shs. 100,000 to Shs. 5,000,000
Grace Period: up to 90 days
Underwriting Conditions: Both Medical and Non-medical underwriting
Early Exit Options: After 36 months of policy being in place
Payment of Benefits: As per policy

Child's Education and Future

A child education policy is a life insurance product specially designed as a savings tool to provide an amount of money when your child reaches the age for entry into high school and college (14 years and above). The funds can be utilized to partly meet your child's higher education expenses. Also, if you opt for a payor benefit rider, an education policy provides the assurance that, in the event of an untimely demise of the parents or legal guardian, the child will have access to funds to help finance his/her education expenses.

from Shs. 2,500
Level of Protection: from Shs. 100,000 to Shs. 20,000,000
Grace Period: up to 90 days
Underwriting Conditions: Both Medical and Non-medical underwriting
Early Exit Options: After 36 months of policy being in place
Payment of Benefits: Annually when the child turns 14yrs old or as per policy

Why do you need to plan early for your child's education?

We care about your child's future

A good education sets your children up for success in life. Our unique plans combine protection with savings and investment benefits, so you can grow the wealth you need to support your children's education and their future.

References

What our Clients say?

See what some of our loyal repeat clients have to say about our services. Want to join the list of our satisfied clients? Get a quote from us today.

We have 2 kids and have been advised by Auric Advisors for 7 years. We found the company very knowledgeable about life insurance products. We are very happy with the policies we hold and were extremely overjoyed to receive our first payout when our firstborn turned 4years.

Nelly M. May 05, 2020

I have been with Auric Advisors since 2016. It has been a great satisfaction for me. When I need answers to questions, they are always there to provide more than the required feedback and put my worries to rest.”

Dr. J. Muga October 12, 2020

Company Information

Auric Financial Advisors
P.O. Box 28295-00100 Nairobi

Contact details

E-mail address:
insure@auric.co.ke

020 2005 382

Available 7:00am - 6:00pm