Kenya Orient Life Assurance Limited was established in 2014 and is licensed under the Insurance Act of Kenya to offer ordinary life and superannuation insurance services.
It is also regulated by the Retirement Benefits Authority to manage pension-related business.
The company was incorporated in 1982 by the Al Futtaim Group of Dubai and was later acquired by Kenyans in 1988.
Additionally, the current entity was established in 2004 following a transfer of ownership to its present proprietors.
The company has since introduced systems designed to provide efficient and dependable service to customers.
List of Branches
Below is a list of Kenya Orient Life Assurance branches:
| Location | Branch Name |
|---|---|
| Nairobi | Assessment Centre (Industrial Area) |
| Nairobi | Capitol Hill Branch |
| Nairobi | Corporate Headquarters |
| Eldoret | Eldoret Branch |
| Embu | Embu Branch |
| Nairobi | Hughes Branch |
| Kakamega | Kakamega Branch |
| Kisii | Kisii Branch |
| Kisumu | Kisumu Branch |
| Kitengela | Kitengela Branch |
| Nairobi | KTDA Branch |
| Machakos | Machakos Branch |
| Meru | Meru Branch |
| Mombasa | Mombasa Branch |
| Nakuru | Nakuru Branch |
| Nyeri | Nyeri Branch |
| Ongata Rongai | Ongata Rongai Branch |
| Ruaka | Ruaka Branch |
| Thika | Thika Branch |
| Nairobi (Westlands) | Westlands Branch |
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Packages Offered at Kenya Orient Life Insurance Company
- Group Last Expense
This is a cover designed to meet the funeral costs in the event of the death of any of the declared family members.
Furthermore, the cover is designed to protect against financial shocks caused by social obligations when a member passes away.
It pays the family of a deceased member a pre-agreed sum assured, ranging from Ksh50,000.00 to Ksh 500,000, in the event of death.
- Jipange Smart
This package is a low-cost, pay-as-you-go funeral expense cover designed for the immediate family.
- Orient 4 Life
Orient 4 Life is a long-term savings plan combined with life cover, designed to help you prepare for unexpected events in the future.
- Orient Educator
This education plan is designed to give a child a valuable head start in life by providing the necessary financial support for their future education. The policy term ranges from 10 to 20 years, with benefits paid out in four annual instalments during the final four years of the term.
For example, in a 10-year policy, payouts are made as follows:
- 7th Year – 10% of the sum assured
- 8th Year – 20% of the sum assured
- 9th Year – 30% of the sum assured
- 10th Year – 40% of the sum assured plus any accrued bonuses
- Orient Endowment
This life insurance plan combines protection with a savings component, offering a cash lump sum at maturity to help you achieve long-term investment goals.
In the event of maturity or earlier death, the full sum assured, along with all accumulated bonuses, is paid out to the policyholder or their beneficiaries.
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- Orient Group Mortgage
This is a group term assurance policy designed to provide cover for mortgage borrowers, ensuring that the outstanding mortgage loan is repaid in the event of the borrower’s death or disability.
Orient Smart Asset
This is a life and savings plan designed to provide financial support for a future lump sum expense, along with regular annual cashback payments throughout the policy term. It offers a flexible short to medium-term life cover while also delivering periodic cash bonuses.
Key Features:
- Combines life insurance with savings.
- Regular annual cashback during the policy term.
- A lump sum payout at the end of the term.
- Flexible policy terms ranging from 5 to 20 years.
Benefits Before and At Maturity
- Annual Cashback Before Maturity: You will receive 5% of your annual premium at the end of every year until the policy matures.
- In the Event of Death: 100% of the sum assured, along with all accumulated bonuses, will be paid to the beneficiaries.
- In Case of Permanent Total Disability, All future premiums will be waived, and the policy will remain active with all future benefits paid on their due dates.
- At Maturity: 100% of the sum assured plus all accumulated bonuses will be paid out as a lump sum.
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