BedrockCapital Consulting Group

18/02/2026

Education insurance in Kenya primarily consists of Endowment policies, Unit-linked plans, and Term insurance designed to secure children's future education via savings and life protection.

These policies, provide guaranteed cash payouts for school fees and lump sums upon maturity.

Key Types of Education Insurance:

- Endowment Education Policies: These combine savings with life insurance. They provide a guaranteed sum assured at maturity, or in case of the policyholder’s death.
- Unit-Linked Insurance Plans (ULIPs): These invest premiums into market-linked funds, offering potentially higher returns than traditional policies.
- Term Life Education Insurance: Provides a pure death benefit, ensuring a lump sum is paid to beneficiaries to cover education costs if the parent passes away during the term.
- School Fee Savings Plans (with Protection): Tailored plans often provide annual cash payments to coincide with school fee requirements.
- Critical Illness and Disability Waiver: Many policies include riders that waive future premiums and pay out a lump sum if the parent becomes disabled or critically ill.

Common Features include:

- Maturity Benefit: Cash payments for school fees (e.g., last 5-6 years of school).
- Death Benefit: Immediate payout if the parent dies, often plus a waiver of future premiums.
- Tax Relief: In some jurisdictions, education insurance premiums are tax-deductible.

17/02/2026

Education insurance in Kenya is a specialized, long-term life insurance policy designed to fund a child’s future education, typically covering primary, secondary, and university levels.

These plans combine disciplined, regular savings with life cover, guaranteeing that education funds are available even if the parent or guardian dies or suffers disability.

Key Features and Benefits

- Payouts: Education policies often provide annual cash payments, often 20% of the sum assured, starting when the child reaches a specific age (e.g., 13–18 years) to cover tuition fees.
- Protection: If the premium payer dies, the policy usually continues (premium waiver), ensuring the education fund is still paid out.
- Optional Benefits: Many plans include coverage for critical illness (paying up to 50% of the sum assured) and accidental death.
- Tax Benefits: Education policies often provide a 15% tax relief on annual contributions, provided the policy term is at least 10 years.
- Flexibility: Premiums can be paid monthly, quarterly, or annually.

Factors to Consider

- The type of school (public vs. private),
- The curriculum (CBC or IGCSE),
- The duration between starting the policy and when the money is needed.

Policies typically require applicants to be between 18 and 55–65 years old.

17/02/2026

🚨

*• RBA to allow early pension access for household bills*

Kenyans will be allowed to access a portion of their pension savings early for needs such as education, housing, and medical bills under fresh proposals aimed at encouraging the uptake of retirement products.

The Retirement Benefits Authority (RBA) has proposed that part of the pension savings be channelled into a separate account that can be accessed during economic hardships and for investment purposes.

The proposal, dubbed the “two-pot” pension policy reform, is meant to support long-term retirement savings while offering flexibility to help fund members in financial distress.

Currently, members can access their pension benefits, including the matched employers’ contributions, before the early retirement age of 50 if unemployed or when changing jobs.

However, financial hardship is not currently recognised as a legitimate reason for accessing a pension before the retirement age.

The RBA proposals are under public participation that will decide the portion of pension savings that members can access early.

The regulator prefers a model where savers will be allowed into their pension pots for new contributions that will come after approval of the plan.

The RBA’s “two-pot” pension policy reform borrows from South Africa, which in 2024 allowed savers early access to part of their retirement funds if they were facing acute financial hardships.

*Dear Team*

On Pensions and Retirement Solutions,

The pension model that worked in a past world that doesn't exist anymore.

Retirement is no longer about age. *It’s about income without effort*.

A pension waits for permission but assets create options.

Job loyalty is fast disappearing, inflation eats savings, and time is the one thing you can't get back.

Build cash flow assets today early however small they are. The end goal of money is to start real enjoying it while you are still young..

At 50 or latest 60.

⌛

This may provide temporary relief, but in reality, it weakens retirement security, reduces national savings, and risks creating a future pension crisis, making it more harmful than beneficial.

1. This is a sign of economic distress, not progress
2. This will expose pension monies to misuse and poor financial decisions
3. This will will reduce long term investment capital in the economy
4. This will promote a dangerous culture of consumption over saving
5. Pensions are designed to provide income security in old age, not to solve current financial problems.

03/09/2025

Hello.

I trust you are keeping well.

I would like to introduce our new APA SME Medical Cover: a flexible, comprehensive medical insurance solution designed for organizations with 3–9 employees, providing cost-effective health cover.

Key Highlights:

- Flexible Options: Choose from multiple inpatient, outpatient, dental, optical, and maternity limits, with various pricing and panel access options.
- Comprehensive Cover: Includes inpatient, outpatient, dental, optical, maternity, post-hospitalization, chronic disease management, and wellness programs.
- Entry Requirements: Minimum of 3 employees. Eligible ages – birth to 65 years (renewable up to 70). Dependents covered up to 18 years (up to 25 if in school).
- No Waiting Period – cover starts immediately upon enrolment.
- Affordable Premiums with value-added benefits.

Value-Added Services:

- Chronic Disease Management Programme – specialist access, diagnostics, free drug delivery, wellness resources.
- AI-Powered Health & Wellbeing App – covers physical health, mindfulness, sleep, nutrition, etc.
- Mum’s Club – support for expectant and new mothers.
- APA Femina Plus – free cancer screenings, HPV vaccinations, cash benefits for cancer diagnoses.
- APA Pharmafirst Care – access to first-line treatment via partner pharmacies.

Cover Limits:

- Inpatient: Kshs 250,000 – 10,000,000.
- Outpatient (optional): Kshs 30,000 – 500,000.
- Maternity (optional): Kshs 50,000 – 300,000 (includes IVF at authorized providers).
- Dental (optional): Kshs 10,000 – 50,000.
- Optical (optional): Kshs 10,000 – 50,000.

Cover Features:

- Territorial Limit: Kenya
- Pre-existing, Chronic & Congenital Conditions: Covered up to specified limits.
- No Co-payments
- Additional Benefits: Maternity, dental, optical, and outpatient packages available at additional premiums.
- Annual check-ups (employee & spouse).
- Vaccinations (KEPI, HPV, flu, baby-friendly).

Enrolment Requirements:

- Group application form, company documents, and individual health application form-member details (ID/Birth Certs).
- SHIF membership required for eligible members.
- Premiums payable upfront unless on approved payment plan.

In case of any queries, please do not hesitate to reach out.

Many thanks.

JOSEPH KAGIMBI MBUTO
UNIT MANAGER | Apollo Group

APA Insurance, ABSA Towers, 3rd Floor along Loita street, Nairobi C.B.D.

P.O. Box 30065-00100 - GPO | Nairobi | Kenya

T +254 709 286 2346 | M: +254 796 102114 | +254 786 138 993 | Email: [email protected]

Medical | Motor | Life | Pension | Property | Liability | Retirement | Specialty Risks | Asset Management | Trusts

Helping you protect what matters & grow your wealth. Insurance, investments, retirement & legacy planning with APA Kenya.

25/08/2024

https://nation.africa/kenya/news/court-orders-banks-to-release-sh500m-insurance-claim-4737946 #:~:text=Court%20orders%20banks,Photo%20credit%3A%20Pool

Absa Bank and SBM Bank ordered to release Sh500 million disbursed by insurance firm.

26/11/2022

https://www.businessdailyafrica.com/bd/economy/court-stops-law-allowing-withdraw-pension-for-home-purchase-4032726

High Court has stopped the implementation of the Retirement Benefits (Mortgage Loans) (Amendment) Regulations, 2020 which allows workers to withdraw part of their pension to buy a home.

09/07/2022

The GDP growth was mainly attributed to the country’s increased activity in the financial services industry which grew by 14.4% from 9.9% in the previous quarter.

Kenya's real gross domestic product (GDP) rose by 6.8% year-on-year in Q1 2022, the highest first quarter level in 12 years, according to data issued by the

09/07/2022

Corporation Tax:

Corporation tax collection stood at KShs. 242.018 Billion against a target of KShs 218.161 Billion. This replicates a growth of 32.7 per cent over the last financial year. This performance was driven by increased remittance from key sectors like, Finance and Insurance, Manufacturing, Wholesale and Retail Trade, and Transport and Storage sectors.

Nairobi, 7th July, 2022…For the first time in Kenya’s history, the annual revenue collection has hit and surpassed the Two Trillion mark, defying the difficult economic environment brought about by Covid-19. This is after Kenya Revenue Authority (KRA) recorded a monumental revenue collection of ...

07/07/2022

The implementation of risk-based capital requirements in the insurance sector is expected to see stronger underwriters acquire their weaker rivals, causing consolidation in the industry.

National Treasury Cabinet Secretary Ukur Yatani recently said the Insurance Regulatory Authority (IRA) will now implement the requirement for underwriters to meet 200 percent of the minimum capital requirements after a delay of more than two years.

Insurers with access to substantial capital have said they are open to buying out those that may struggle to comply with the impending stricter supervision.

The implementation of risk-based capital requirements in the insurance sector is expected to see stronger underwriters acquire their weaker rivals.

27/06/2022

https://www.businessdailyafrica.com/bd/economy/lloyd-s-broker-sets-up-nairobi-office-3860578

16/06/2022

▪️Political risk premiums grow 62%, says insurer

APA Insurance premiums under political violence and terrorism (PVT) cover grew to hit Sh220m in the five months to May as individuals and firms race to protect their businesses and assets ahead of the August 9 polls.

https://www.businessdailyafrica.com/bd/markets/market-news/political-risk-premiums-grow-62pc-says-insurer-3849774