FinActuary investment advice

When it comes to understanding various key investment schemes in the market,it is key to be knowledgeable in terms of the how,where and why.
Join us from Saturday 12th,June 2021 for the learn from home investment series as we discuss topics on finance,investment and Actuarial valuations

👉 understanding occupational vs umbrella Retirement Benefit Schemes.
👉 Evaluating Money market fund Returns
👉 Understanding the structure of Real Estate funds
👉 Actuarial valuation impacts in business

Pension Scheme Plans

We have 4 Major types of Retirement plans available to a broad range of employees.
-👉 Occupational pension schemes,
-👉 Individual pension plans
-👉 Public service pension funds
-👉 Umbrella schemes

These main plans can take the structure of either *DEFINED CONTRIBUTION PLAN*(Retirement plan in which both the employer and employee contribute to your benefit scheme) or *DEFINED BENEFIT PLAN*(Retirement plan in which an employer/sponsor promises a specified pension payment,lumpsum on retirement that is predetermined by a formula based on the employees earning history,tenure,age)
➡️Occupation schemes are Set up by the employer for the benefits of its employees(members)
➡️ A self employed individual(not belonging to any retirement plan)can join an individual Pension plan. The individual pension plan (IPP) takes the form of a defined contribution scheme.

The advantage of joining one of the above scheme(s) is that they are Registered by the Retirement Benefits Authority(RBA) and Kenya Revenue Authority (KRA). As a result a member enjoys tax privilege on their benefits

Plan your future,save for your retirement and enjoy life. Conduct us on *0704102584* and consult us for your future planning

We have always lived in Uncertainty times! It is only the degree of certainty that varies,this concerns our future. So many things seem beyond our control. But having a reliable Insurance advisor partner by your side can give you a sense of control over your life and confidence to face the unknown. We want to be that partner for you.
Reach out to us anytime via +2540704102584

Tips on buying an education policy! Choose policies that waiver your premium and guarantees your child's education in the event that you are no longer able to pay the premiums due to disability or death.
-👉 Education insurance plans serve 2 purposes,Savings and Protection. The best coverage plans protects your child's future school fees and cater for unexpected circumstances like accidents.
-👉 The best time to pick out an education plan for your child is a few months after birth. By the time they start school,part of the fund will be readily available to pay for his/her school fees.
Take advantage of your child's early years at home,start planning for his future now
Contact us on 0704102584 to consult with you. Be 2 steps ahead

Do you want to avoid that last minute craze in search for school fees? It is back to school season and those parents/guardians who had an Education Savings Plan are ready to face the school session with confidence. Become one of them by purchasing an education cover today.
-👉 Invest in an education policy now! This cover helps to meet the cost of education through primary,secondary and on higher learning.
Contact us on 0704102584 we have patnered with a leading licensed insurer Britam insurance l.t.d to serve you best our client.

MOTOR INSURANCE CLAIMS.

Did you know that the fastest way of getting your vehicle repaired by an insurance company is once you have an accident report to the nearest police station and request for a police abstract.
-👉 By having the police involved means that the repairs of the vehicle are more than 10,000/= or as per agreement you have with your insurer. Any repairs below 10,000/= are sometimes costly to you as the client
You might want to state that you have an excess protector but the insurer also needs to cover themselves of such small claims.
-👉An excess protector is a benefit that is given to clients by insurance companies at a small fee depending on terms laid out by the insurer.
-an excess protector can be 0.25% of the sum assured(price of motor vehicle) or whichever an insurance company sees fit to charge. It is always good to have one in such cases where claims arise
-👉Back to claims..Report the matter to your insurance directly or with the advice of your Agent. Fill in a claim form and have the Assessor of your insurance Co. Value it to see how much the cost of repairs will be,once all is done,you can request your agent to take you to a good garage you're comfortable with.
This will save you time unlike if you were to take it directly to a garage,have an insurance company call in their assessor which might take two to three days. Drive safely
Contact as on 0704102584 for insurance advices free of charge

The previous locust attack in Mandera,Wajir and Neighbouring countries indicate the catastrophes that farmers continue to face while production increases are required to feed a growing population.
👉Agricultural insurance uptake to date in developing countries/Kenya has been low due to various constraints experienced by insurers and farmers.
Similar to other insurance products opportunities lie in;
-Embracing disruption and fast technological changes to develop innovative products
-Use of digital distribution Channels
-Use of retail distributors to increase access to the right consumer

Contact as on 0704102584 to consult with you on matters insurance products and get covered on your range of risks

Are you curious about INVESTMENT TRUSTS, a step to protect your legacy?
A Trust is a fiduciary,a legal protection agreement between two parties,in which one party known as a Trustor gives another party,the Trustee the right to hold tittle to property or assets for the benefit of a third party the beneficiary.
A Trust fund will provide a measure of comfort knowing that you have a plan in place to provide for the safe and accountable management of family assets and to direct their use in accordance with your wishes,goals objectives
-👉 It helps ensure the proper management of your assets throughout different stages of your life,for your loved ones benefit when you're gone or in the event of your incapacitation.
-👉Assets that can be held in a trust comprise; Term deposits and bank accounts,stock and shares,insurance policies,property,mutual funds in a unit trust investment,retirement benefits.
Contact us on 0704102584 to consult with you and get protected.

"A man without Education is like a building without a Foundation" one of the greatest gifts you can give your to your child is a promising future through a Child Education Policy.
This is a policy taken on the life of the parent/Children for the benefit of the child,by such a policy the parent plans to get funds when the child attains various stages in life.
👉One of the advantage is that Education Policy combines Savings and life insurance.
Some insurers offer waiver of premiums incase of unfortunate death or disability of the parent/proposer during the term of the policy.
Such policies give a tax incentive of 15% of total contributions per month whilst earning one yearly bonuses.
The amount accumulated on maturity of the policy is tax free.
Call us today on 0704102584 for your child education policy,with a leading Britam Insurance ltd to consult with you.

We wish you good health,wealth and prosperity in the year 2021.
As we look forward into the new year,jotting down your new year's resolutions is always a good idea. Our advice include Insurance,child education cover,Emergency saving plan and pension/Retirement plan in that list of resolutions and protect what you have worked for!
Don't forget if you value it,insure it!

Do you have an individual pension plan? A self employed individual(not belonging to any retirement plan)can join an individual pension plan.
We enable individuals (both in the formal and informal sectors) and scheme members to plan for their retirement by understanding their financial needs and suitable investments that will help them achieve their goals.
-The advantage is that the plan is registered by the Retirement Benefits Authority(RBA) and kenya Revenue Authority (KRA),as a result a member can enjoy tax privilege on their benefits. Start your individual plan today as low as Ksh1,000 per month.
Contact us on 0704102584 to consult with you,we've partnered with a leading diversified financial services company BRITAM INSURANCE LTD to serve you at best.

Today morning during the stakeholder engagements with a key theme to simplify and standardize insurance policies to the public for easy understand of its contents
We identified and discussed CHALLENGES FACING THE MOTOR THIRD PARTY INSURANCE IN KENYA;
-Delayed claim settlement process mainly because of court cases.
-Lack of redress for 'hit and run' cases and uninsured vehicles.
-Fraud including ambulance chasers.
-Lack of insurance expertise in legal proceedings.
-Inadequacy of premiums charged
-lack of consumer education/awareness

Contact us on 0704102584 to get in touch to help and guide you understand insurance policy contents