An Anticipated Endowment gives you a platform to grow your savings by making regular payments (premiums) over a specified period. It suits anyone who wants to save for a long-term goal but still enjoy interim rewards for shorter-term needs, with life cover protecting your nominees.
Anticipated endowment plans
What it is
An Anticipated Endowment is an insurance policy that gives you a platform to grow your savings by making regular payments (premiums) over a specified period of time.
It is suitable for anyone who wants to save up for a long-term goal, but still wants to enjoy interim rewards to take care of short term goals.
It gives you a set number of payouts over the duration of the policy.
It is also important to note that an Anticipated Endowment policy is essentially a life insurance policy, which means that the Sum Assured and bonuses (both of which combined are known as maturity benefits) are payable to your nominated beneficiaries in the unfortunate event of your demise.
Endowments grow your savings because the potential bonuses you gain are derived from the interest accrued from the investments made on your behalf by the insurer.
Key Benefits
Key Benefits
- Cash payouts in installments – receive money at intervals during the policy, typically 20% of sum assured, 20% of sum assured and 60% at maturity, plus bonuses.
- Immediate full life cover – if you die, your family gets the full Sum Assured and bonuses regardless of how much you’ve paid.
- Affordable premiums – you can reduce payments (down to KSh 2,000) if income is affected, and later resume full payments.
- Flexible payment options – choose monthly, quarterly, or annual premium payments, suitable for salaried and self-employed clients.
- Additional benefits (Riders) – enhance your policy with optional riders for disability, critical illness, accidental death, waiver of premium, or funeral cover. These can be added anytime during the policy.
- Contribution break (Re-dating) – pause premium payments if needed and restart later without extra charges (once per policy).
- Policy loans – borrow against your policy from year 3, based on the current policy value, not the Sum Assured.
Why choose this plan
- Regular payouts to meet immediate goals
- Full life cover for your loved ones
- Flexible premiums you can adjust if income changes
- Optional riders for disability, critical illness, accidents, or funeral cover
- Policy loans & contribution breaks for added financial flexibility
Interested in anticipated endowment options? Request a quote and we will help you design payouts, riders, and premiums around your goals.
