Why Sign Up for a Soma Sure Lite Education Plan?
- Flexibility: In addition to your regular premium deposits, this plan allows you to make additional contributions of any amount helping you grow your education fund faster.
- Protection: In the unfortunate event of your demise, we will continue to pay your outstanding premiums so that the final payouts remain as you had intended, thus securing your child’s education.
- Tax relief: If you sign up for a policy with a duration of 10 years and above, you get to enjoy a tax relief of 15% of your contribution(s) subject to a maximum amount of Kes. 60,000 per annum.
- Partial and full withdrawals: In case of an emergency, you can access your funds 30 days after the policy's start date.
What Additional Insurance Cover is Available with a Soma Sure Lite Education Plan?
You will be able to take up the following benefits at an additional cost.
- Permanent and Total Disability (PTD) Benefit: You will receive a lumpsum payment in the event of permanent and total disability.
- Critical Illness Benefit: You will receive a lumpsum payment on the first diagnosis of a critical illness to assist you to seek medical care locally or abroad and to help you adjust to lifestyle changes.
- Family Income Benefit: Your beneficiary will receive a regular monthly income for a specified benefit payment term in the event of death due to accidental or non-accidental causes.
- Funeral Expense Benefit: Your beneficiary will receive a lumpsum payment in the event of death.
- Have a valid national identification card or Kenyan passport or Alien ID.
- Minimum age of entry of 18 years.
- Maximum age of entry of 60 years.
- Any other eligibility criteria shall be determined based on underwriting guidelines from time to time.
- Complete the application form.
- Attach the following documentation:
- ID copy
- PIN certificate
- Payment mode for future payments
- First payment
- You can get a medical checkup by a doctor from our panel at our cost (recommended)
Or alternatively, visit our website, request a callback, and a financial advisor will get in touch with you to help you sign up.