The Board Members Insurance Plan

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Description

Board members hold key pillars in any company since they are the ones who make the decisions concerning major issues. Insuring board members under this cover provides a financial protection plan when they finally retire.

Members get benefits such as:

  • Final Maturity Benefit
  • Non Re-election benefit.
  • Sum assured 100,000 to 1,000,000
  • Offers optional benefits upon total or permanent disability
  • Payment frequencies are quarterly, semiannually and annually
  • Minimum age at entry 20 years while the maximum age at maturity 70 years
  • In the event of death of Life assured kshs 50,000 is payable.
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