CIC Insurance Academia policy

Savings Account

Personal

Kids

About this product

Fees overview

Opening balance: no data
Monthly fee: no data
Ledger fee: no data
Counter withdrawal: no data
Min Interest Earning Balance: no data
Annual Withdrawal Limit: no data

This is an education policy by CIC insurance.It is a combination of insurance protection and savings that allows you to prepare for the cost of your child’s education.

Policy Description

Monthly Premium: Min. Ksh 6,000.00 Investment period: Option of between 10 and 20 years. Policy may be surrendered after 3 years.

Benefits of the policy

A maximum policy loan of 85% of the surrender value may be made available after 3 years. end of year Benefit: - 5 years prior to maturity 15% of sum assured. - 4 years prior to maturity 15% of sum assured. - 3 years prior to maturity 15% of sum assured. - 2 years prior to maturity 15% of sum assured. - 1 year prior to maturity 15% of sum assured. Maturity 50% of sum assured plus accrued bonuses.

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