Smart Scholar Education Insurance Plan
Jubilee Smart Scholar is an education-focused life insurance plan designed for parents and guardians who want to safeguard their children’s education goals while providing insurance protection that helps keep their educational journey on track, even in your absence.With affordable payments starting from as low as KES 2,000 monthly, attractive bonuses, flexible payment options and life cover protection, Smart Scholar helps you build a secure future for your child with confidence.
Why Parents Choose Smart Scholar
Education costs continue to rise every year. Smart Scholar gives you a structured way to prepare financially while protecting your child's educational future.
Key Benefits:
Protect Your Child’s Education
Keep your child’s education on track even if you can no longer pay premiums due to death or disability.
Earn Annual Bonuses
Earn annual bonuses of up to 4% of the Sum Assured per year, subject to the policy terms.
Save Flexibly
Choose an 8–18 year policy term, with premiums from KES 2,000 monthly or KES 100,000 as a one-off investment.
Enjoy Maturity Benefits
Receive 100% of the Sum Assured plus accrued annual and terminal bonuses at maturity, subject to the policy terms.
Access a Policy Loan
Eligible policyholders can access a policy loan after two years, subject to the policy terms.
Extra Protection
Optional benefits include accidental death, disability, hospitalisation and last expense cover.
- Parents planning for primary school education costs.
- Parents saving for secondary school education.
- Parents preparing for university fees.
- Young families seeking education protection.
- Single parents wanting additional financial security.
- Parents seeking disciplined education savings.
- Individuals looking for life insurance with education planning benefits.
- Guardians supporting the future education of dependents.
- Request a call back by filling the website form.
- SMS ‘Smart Scholar’ to 24464 to request callback.
- Visit any of our branches countrywide.
FAQs
Smart Scholar is an education-focused life insurance plan targeted at parents and guardians who seek to safeguard their children’s education goals.
Individuals aged 18 to 50 years can apply.
Premiums start from KES 2,000 per month or KES 100,000 for a single premium
KES 200,000 a substantial amount towards your child’s education.
Policy terms range from 8 to 18 years.
You receive the Sum Assured plus earned bonuses.
Yes. Annual Bonuses of up to 4% may be declared.
A bonus payable at maturity equal to 100% of the annual bonuses earned.
50% of the Sum Assured is paid immediately, remaining premiums are paid by Jubilee Life insurance and the policy continues.
Future premiums are paid by Jubilee Life insurance while the policy continues.
A bonus payable at maturity equal to 100% of the annual bonuses earned.
Yes, subject to eligibility after two years.
Yes, for sum assured of KES 7,5000,000 and above as well as age 54 years and above.
Yes. Multiple payment frequencies are available: Monthly, Quarterly, Semi – annually and Annually.
Yes. Single premium from KES 100,000.
ID copy, KRA PIN and completed application form.
Yes. An additional amount equal to the Sum Assured is paid in the event of accidental death.
Yes, if the Child Accident Hospitalization Benefit is selected at the onset of the policy for a maximum of KES 250,000.
Yes, via the optional Last Expense Benefit rider. KES 100,000 is paid to your nominated beneficiary within 48 hours to cater for burial expenses. The beneficiary child is covered for KES 50,000.
Submit a call back request form online or speak with a Jubilee Life Financial Advisor.
