Types of Pensions Individual Pension Plan Individual Pension Plan is designed to enable individuals to save for their retirement by making regular contributions into the scheme during their working years and grow their retirement savings. Features; The scheme has a low minimum contribution of Kshs. 1,000 per month Upon retirement, the member will access their...
Annuities An annuity is an arrangement whereby a life office/Insurance company, in exchange for purchase price/money, enters into a contract to pay a set amount of money (the Annuity) every year while the annuitant (the person on whose life the contract depends) is still alive. The layman’s word for annuities is Pension. Contact us to...
What are Bonds? A bond is referred to as a fixed-income instrument since bonds traditionally paid a fixed interest rate (coupon) to debtholders. Variable or floating interest rates are also now quite common. Bonds may be issued by Governments or companies (corporate bonds). Contact us to find out more about bonds.
WHAT IS A UNIT TRUST? A Unit Trust is an excellent way to accumulate wealth. It is a pool of savings by members. Portfolio managers then invest the pooled funds in selected securities. Each receives units depending on the size and value of his/her investment. Choice of Funds under Unit Trusts MONEY MARKET FUND The...
Stock Brokerage At Victor and Chengs Consulting, we go beyond stock brokerage (trading shares) and other securities on behalf of our clients. Our staff works hand-in-hand with you to ensure that your transactions are executed with utmost accuracy and on time. For beginners, we offer basic education, provide comprehensive resources and support so that you...
What is a personal accident cover? Taken as an income protection cover, protects your income against disabilities or death as a result of an accident. Pays a lump sum to the insured life. Contact us to Get a Personal Accident Cover quote Mobile: +254728172750 Email: [email protected]
What is Disability Income Insurance? This option provides cover against the life assured becoming permanently physically impaired and surviving within a specified benefit term. Contact us to Get a Disability Income Cover quote. Mobile: +254728172750 Email: [email protected]
What is Auto Insurance Cover? Auto insurance provides financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. Auto insurance may also offer financial protection against theft of the vehicle and damage to the vehicle, sustained from things other than traffic collisions. Auto Insurance Coverages...
What is Travel Insurance? Planning to travel out of the country? Let us save you the hustle that comes along with traveling to a new jurisdiction especially with any unforeseen circumstances while on trip. This can be taken per trip or as an annual cover for frequent travelers. You can also take for a business...
What is Home Insurance? It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one’s home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at...