Msingi Poa - Market Place
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The Msingi Poa Education Plan is a Britam product that provides an annual income for payment of education expenses while offering insurance protection.
- Four (4) guaranteed cash payouts in the last four years of the policy term, each equal to 100% of the sum assured.
- A lump sum cash payout on death equal to 100% of the sum assured.
- In the event of death of the policy owner, premium payment stops.
- The guaranteed cash payouts will be paid out in the last four years of the policy term.
- Premiums are not payable in the last three (3) years of the policy term.
- The policy is available in two options – with and without medicals examination
- The policy term is between 8 years and 22 years.
- The policy is eligible for personal income tax relief.
This policy offers flexibility with the option to take it with or without the added medical benefit, as well as added benefits as illustrated below to the premiums.
|Policy Term||Monthly Premium (Kshs)||Total Premium Payable (Kshs)||Total Cash Benefits Payable (Kshs)||Return to Policy holder (Kshs)|