Faida Elimu Insurance Plan is an investment linked education savings plan that gives you confidence that no matter what life brings, your child’s learning continues. From early years to higher education, each milestone is supported, each transition prepared for, and each dream safeguarded.
With Faida Elimu, you build a dedicated education fund while protecting your child’s future, giving you the peace of mind that their education journey stays on track.
Key Benefits:
Start Saving with What You Can
Begin from KES 5,000 monthly or a KES 100,000 one-time investment.
Flexible Payments That Fit Your Life
Choose monthly, quarterly, yearly, or top up anytime.
Your Child’s Education Stays Protected
If death or disability occurs, future premiums are paid for you.
Immediate Support for Your Family
Your family receives KES 100,000 within 48 hours for last expenses.
Receive Your Full Savings at Maturity
Get 100% of your fund value at the end of the plan.
Peace of Mind
Ensure your child goes further than you ever did, without anything limiting their dreams.
Plan is suitable for:
- Parents with children aged 0 – 18 years.
- Parents avoiding education anxiety by planning ahead for their child.
- Individuals seeking disciplined savings with protection.
- Available to individuals aged 18 – 65 years.
How to apply for a personalised quote:
- Request for a call back by filling the website form
- SMS ‘Elimu’ to 24464 to request callback
- Visit any of our branches country wide
For more information see product brochure
FAQs
Faida Elimu helps you secure your child’s future, protect their education, and give them the opportunity to go further without anything limiting their dreams.
The plan allows you to save for 5 to 15 years, helping you align your savings with your child’s education milestones from early years to university.
To get started, you need:
National ID
KRA PIN
Yes. Unlike regular savings, an education insurance plan like Faida Elimu combines savings, investment and protection, ensuring your child’s education is secure even if life takes an unexpected turn.
Education costs continue to rise. Starting early helps you build a substantial education fund, reduce financial stress, and ensure your child has access to the best opportunities.
At the end of your plan, you receive 100% of your fund value, helping you pay for your child’s education.
The Faida Elimu Insurance plan is available to individuals aged 18 to 65 years, with flexible policy terms of 5 to 15 years.
Your savings are professionally managed to deliver competitive investment returns, helping your education fund grow steadily over time through compounding.
Your child’s education remains secure. The plan ensures continued funding, and your family also receives KES 100,000 within 48 hours to support immediate needs.
Faida Elimu includes protection benefits. In the event of death or permanent disability, future premiums are waived, ensuring your child’s education continues without interruption.
Yes. This education insurance plan allows partial withdrawals after 2 years and full withdrawals if needed, giving you flexibility while still saving for your child’s future.
With Faida Elimu Insurance Plan, you can start your education savings plan from as little as KES 5,000 per month or a KES 100,000 one-time investment, making flexible and convenient for families.
The best education savings plan in Kenya is one that combines savings, investments and protection. Faida Elimu Insurance Plan offers all and helps you grow your money while ensuring your child’s education continues even if life changes unexpectedly.
You can save for your child’s education in Kenya by choosing a structured plan like Faida Elimu Insurance Plan. It allows you to make regular contributions or a one-time investment, helping you build a dedicated education fund for your child over time.
Faida Elimu is an investment linked education savings plan in Kenya that helps you save for your child’s education while protecting their future. It ensures your child’s learning continues, no matter what life brings, from early school years to higher education.
