SanlamAllianz Life Insurance Kenya has launched Flexi Future Plus, a goal-based savings and life insurance solution to enable customers to save towards important life milestones such as education, retirement, purchasing a home or achieving other long-term financial goals.
Flexi Future Plus combines guaranteed maturity benefits with life insurance protection and allows customers to choose a policy term of between five and seventeen years, make regular or single premium contributions and receive their maturity benefit either as a lump sum or in up to three annual instalments.
According to Jacqueline Karasha, Chief Executive Officer of Sanlam Allianz Life Insurance Kenya, “Many people have financial goals but need a simple and reliable way to achieve them. Flexi Future Plus gives our customers the flexibility to save at their own pace while enjoying the security of guaranteed benefits and insurance protection. Whether someone is saving for their child’s education, planning for retirement or working towards another important milestone, this solution helps them build wealth with confidence while protecting what matters most.”
Flexi Future Plus has been developed to respond to the growing need for accessible savings solutions. As more Kenyans look for reliable ways to secure their financial future, the product provides customers with the confidence of guaranteed returns at maturity while offering the flexibility to adapt their cover as their needs evolve.
Flexi Future Plus also offers customers additional value through premium payment discounts for non-monthly payment options, premium holidays, tax relief on qualifying policies, access to policy loans and the flexibility to adjust policy benefits as their financial needs change over time.
“By combining wealth creation with financial protection, we are helping our customers prepare for tomorrow while navigating today’s realities,” said Dr. Patrick Nyamemba Tumbo, Group CEO, SanlamAllianz Kenya.