I need the assistance of the knowledge base of this forum.

Ive been trying to get a pure life insurance policy for my spouse for the last 3 months but keep hitting a wall. All brokers wand to send me some school fees thing or some investment thing but I insist on a pure life policy.

When i talked to Britak I was told a cover of Kshs 10M costs 240,000/- p.a. I know for group life this type of cover costs approx 40-60k p.a.

Who would know where I can get a good value for money policy. My spouse is in business.

Be greedy when others are fearful,be fearful when others are greedy.

try bupa

Jay

Thanks guys.

Gordon,would you know whether CFC have higher limits. Anyone who has tried any other insurer?


Be greedy when others are fearful,be fearful when others are greedy.

The product from CFC is an accident policy renewable annually,just like that one of a car.

The truth shall set you free

I thought Pablo wanted info about 'Pure Life' insurance...the suggestions here are for medical covers. If that's what you are looking for,then go to the HMOs (I would recommend AAR).

By pure life,I suppose you mean a policy where you put in small amounts of money every month for a certain duration (say,10 to 20 years) and should you die (hence the term life cover) or be permanently disabled mid stream,the company will pay a large sum of money to your dependents. And if you don't die and the thing matures,you get you money back plus a small interest....

Before you take such a cover,ask yourself whether there is anyone who would suffer financially if you died today. If the answer is no one,then stop shopping and eat your money.

Unlike investment,there is no benefit in taking life insurance early. In fact it is a waste of money. Only take it the moment you get financial dependents. After all,if you die two hours after signing up,the whole insured amount will be paid!!!!