Founded in 1937, Jubilee Holdings Limited (JHL) was the first incorporated insurance company in Mombasa, Kenya, and has grown to become the leading regional composite insurer.
Over the years, they have earned the trust and loyalty of over 1.9 million clients across Kenya, Uganda, Tanzania, Burundi, and Mauritius.
Jubilee Life Insurance Limited, Jubilee Health Insurance Limited, and Jubilee Asset Management Limited are the subsidiaries of Jubilee Holdings Limited in Kenya.
The company has been listed on the Nairobi Securities Exchange, Dar-es-Salaam Stock Exchange, and the Uganda Securities Exchange.
Insurance Plans at Jubilee Life Insurance
Faida Elite
The plan offers premium payment flexibility, investment opportunities, and a comprehensive death benefit, ensuring that your evolving insurance needs are always met.
You can begin with Ksh 5,000 per month or Ksh 100,000 for a single premium.
Jubilant
Jubilant allows for a disciplined, systematic, and relaxed way to save for a future, specific future financial need.
The policy offers survival benefits equal to 30% of the Sum Assured for the first three payments made at regular intervals during the policy term.
At the end of the policy term, 50% Sum Assured plus accrued bonuses becomes payable.
In the unfortunate event that the Life Assured passes on during the term of the policy, the full Sum Assured plus accrued bonuses shall be payable regardless of the number of survival benefits already paid.
Tripex
Triplex is a Life Insurance Policy that offers survival benefits in thirds. The first benefit payable is equal to 25% of the Sum Assured on completion of 1/3rd and 2/3rd intervals of the policy term.
At the end of the policy term, the remaining 50% Sum Assured, plus accrued bonuses, becomes payable.
In the unfortunate event that the Life Assured passes on during the term of the policy, the full Sum Assured plus accrued bonuses shall be payable regardless of the number of survival benefits already paid. Premiums are pre-determined at the onset, and they remain fixed throughout the term of the policy.
Whole Life
The Whole Life cover assures you that in the event of death, your family’s financial needs will be taken care of.
Their product has two options:
1. Whole life with an investment:
The investment grows in a fixed, predetermined manner as described in the policy benefits; that is, the fixed sum assured is payable at maturity.
Additionally, a bonus is accumulated annually based on a declared bonus rate.
The accumulated bonus is paid at the end of the policy’s premium term or upon the death of the life assured.
2. Whole life without an investment, offering pure life cover:
In addition, the policy has optional benefits such as accidental death cover, accidental hospitalisation & waiver of premium, which can be taken up with the policy.
Moto Vehicle
This is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from road incidents.
Motor insurance cover protects the insured against financial loss if the motor vehicle is involved in an accident, burnt, or stolen.
General Personal Accident
This insurance provides compensation to your employees in the event of injuries, disability or death caused solely by accidental, external, and visible events.
- Care Medical Cover
- Care Premium is our most comprehensive individual and family health cover, giving you peace of mind from the flu to major surgeries.
Top Benefits
- Inpatient covers up to KSh 10 million
- Optional outpatient, maternity, dental, and optical benefits
- Covers cancer, HIV, chronic, congenital & psychiatric conditions
- Annual checkups and vaccinations are included
- Includes telemedicine, drug delivery & wellness coaching
- Overseas treatment on a credit basis, plus regional coverage
- Shared outpatient options under the Royal and Prestige plans
5 Payment Policy
The 5 Payments Policy is a life insurance policy that provides benefits at regular intervals.
You receive 10% of the Sum Assured after 1/5th of the policy term and 15% after 2/5th, 3/5th, and 4/5th intervals.
At the policy’s end, 45% Sum Assured plus bonuses are paid. If the Life Assured passes away during the policy term, the full Sum Assured plus bonuses are paid, regardless of previous survival benefits.
Also Read: Jubilee Health Insurance Records Ksh1.22 billion Profit
Education Plan (Career Life Plus)
An education policy is a life insurance product specially designed as a savings tool to provide an amount of money for your child’s education.
Career Life Plus cover is tailored to ensure your child’s dreams are fulfilled through a well-managed fund.
Baada ya Campo
The Baada ya Campo fund is a student cover from Jubilee Life Insurance designed to help the fresh graduates settle into life out of college.
It provides cash for immediate needs such as daily living expenses, job search, or even setting up business ventures for enterprising graduates.
Joint Maxlife Plan
It allows protection of two individuals, with the full value of the policy being paid out once at the time of either life’s death.
This is a very important policy for families where the benefits are paid on the death of either the husband or the wife.
It offers survival benefits equal to 25% of the sum assured on completion of 1/3rd and 2/3rd intervals of the policy term.
At the end of the premium paying term, the remaining 50% sum assured plus bonuses accrued becomes payable. Upon the unfortunate death of either party, the full sum assured plus bonuses are payable.
Also Read: Jubilee Holdings Announces Merger of 3 Insurance Companies
Branches & Locations in Kenya
Branch Name | Location |
CBD Office | Jubilee Exchange Building, 1st Floor, Nairobi |
Eldoret Office | Imperial Court, 1st Floor, Nairobi–Uganda Highway, Eldoret |
Kisii Life Office | Waumini Plaza, Ground Floor, Kisii–Kisumu Road, Kisii |
Kisumu Office | Jubilee Insurance House, 3rd Floor, Oginga Odinga Road, Kisumu |
Meru Health Office | ABSA Bank House, Ground Floor, Meru Town |
Mombasa Office | Jubilee Insurance Building, 4th Floor, Moi Avenue, Mombasa |
Mombasa Road Life Office | Capital Centre Mall, 1st Floor, Mombasa Road, Nairobi |
Nakuru Office | Tower One, 1st Floor, Moi Road (next to Central Post Office), Nakuru |
Nyeri Office | Sohan Plaza, 3rd Floor, Kimathi Way, Nyeri Town |
Thika Life Office | Maisha Heights, 3rd Floor, Thika Town |
Westlands Life Office | 9 West Building, Ground Floor, Westlands, Nairobi |
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