Education Insurance (UsomiBora) 

Secure your child’s future, stress-free. 

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ICEA LION Education Insurance (UsomiBora) 

ICEA LION UsomiBora is a life insurance plan that helps you save for your child’s education while giving you peace of mind. You choose how much to save: monthly, quarterly, or annually, so you can fund the quality of education your child deserves. If something happens to you, the plan pays out to your nominated beneficiaries, ensuring your child’s education continues uninterrupted. 

  • Type of school: Public or private.
  • Curriculum: Local (CBC, 8.4.4) or international (IGCSE).
  • Savings amount: Decide how much you can comfortably set aside. Your premium depends on the future cost of education and your preferred school.
  • Policy duration: Start saving now and plan for primary, secondary, or tertiary education. Our policy runs from 8 to 17 years, depending on the education stage.

1. Flexible & Affordable

  • Pay monthly, quarterly, or annually.
  • If you lose income, reduce premiums to as low as KES 2,000 and increase them later when you can.

2. Premium Waiver on Your Passing

  • We take over your payments until maturity. Your child receives the Sum Assured plus accrued bonuses.

3. Savings That Grow

  • Your contributions earn bonuses both terminal and reversionary. The guaranteed payout is your Sum Assured; bonuses depend on market performance during your policy’s duration.

 

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4. Tax-Free Maturity

  • Enjoy the full Sum Assured tax-free when the policy matures.

5. Flexible Payout Options

  • Choose to receive your maturity value as a lump sum, in four annual instalments, or eight termly payments aligned with Kenyan school terms.

6. Extra Tax Relief

  • Employees get 15% tax relief through HR.
  • Self-employed individuals can claim the same from Kenya Revenue Authority (KRA).

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Renew Policy Contact Us +254 719 071 999

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