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Originally published by Capital Business
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business
April 21, 2026
3h ago

Jubilee Life targets middle-income parents with new education savings plan

Jubilee Life targets middle-income parents with new education savings plan

NAIROBI, Kenya, Apr 20 – Jubilee Life Insurance has introduced a new education-focused savings and protection product aimed at helping middle-income Kenya breaking news | Kenya news today |..

✨ Key Highlights

Jubilee Life Insurance has launched the Faida Elimu Insurance Plan, a new savings and protection product designed to help middle-income families manage rising education costs.

  • The plan allows monthly contributions as low as Sh5,000 or a lump sum starting at Sh100,000.
  • Key figures include Jubilee Life Insurance Chief Executive Officer Asman Mugambi, who emphasized the product's aim to relieve both financial and emotional burdens.
  • The plan offers life cover of up to Sh1 million and a last expense cover of Sh100,000, in addition to investment returns.

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