Whole life insurance is a permanent life insurance cover that gives you protection for the whole of your life. Whenever death occurs, your loved ones receive a lump-sum benefit together with any accrued bonuses, so they are not left financially vulnerable.
Unlike term life plans that expire after a fixed number of years, Whole Life is designed for permanence. It allows you to create an immediate estate for your dependants and gives you the comfort of knowing your family has a financial safety net in place for the long term. It can also be strengthened with optional critical illness and accident benefits.
Comprehensive protection that grows with you, securing your family's future for generations.
Whole Life covers you for the whole of your life. The policy does not expire after a temporary term — it is designed to pay whenever death occurs, subject to the policy terms being met and the policy remaining in force.
On death, 100% of the policy sum assured plus accrued bonuses is paid to the nominated beneficiary, or to the estate where no beneficiary is nominated.
Get covered for 18 major illnesses. Upon first diagnosis (before age 65), you receive your critical illness benefit — up to Kshs. 15 million — to ease the financial strain.
Add an Accident Benefit for an additional payout if death or total and permanent disability occurs due to an accident, up to 100% of your main policy sum assured.
Choose to pay for 10, 15, or 20 years, or until age 60 or 65. A major strength of the fixed-term options is that once all required premiums have been paid, no further premiums are payable — and cover continues for the rest of your life.
Protect your spouse under the same plan. Benefits are paid on a first-death or first-diagnosis basis, ensuring both of you are covered under one coordinated policy arrangement.
Get covered up to Kshs. 15 million without a medical exam. Where cover exceeds that threshold, the policyholder is required to undergo a medical assessment.
Enjoy 15% tax relief on premiums paid, up to Kshs. 60,000 annually, subject to the Income Tax Act.
The policy receives bonuses declared annually by the insurance company, credited after the first full calendar year. Bonuses are projected at 2.5% of the sum assured and accumulate alongside the death benefit — helping the final value of your protection grow over time.
Five simple steps from application to benefit payment.
Select a cover amount between Kshs. 1 million and Kshs. 500 million — or decide how much premium you can commit to.
Pay up to age 60, up to age 65, or for a fixed term of 10, 15, or 20 years.
Decide whether to include critical illness benefit and/or accident benefit for broader protection.
Once the insurance company receives and accepts your application and the first premium is paid, your cover begins.
If the policy remains active and the insured event occurs, the insurance company pays the applicable benefit in line with the policy terms.
Choose the structure that best fits your protection goals.
On death of the life assured, 100% of the policy sum assured plus accrued bonuses is paid to the nominated beneficiary.
On first-time diagnosis of a covered critical illness, the insurance company pays 50% of the policy sum assured to the diagnosed life assured, capped at Kshs. 15 million. All future main benefit premiums due after the date of a qualifying diagnosis are waived.
Both Plan A and Plan B are available with the joint life option, covering you and your spouse under one policy.
18 to 60 years
Kshs. 1M
Kshs. 500M
Kshs. 15M
Flexible Options
Monthly, quarterly, semi-annual, annual
90 days
Whole Life is not only about replacing income after death — it is about helping a family preserve dignity, continuity, and assets across generations.
Who want to create a guaranteed inheritance and continuity plan for their children.
Whose families depend on their income and would be financially exposed in their absence.
Who are building assets but also carry obligations and want to protect the family behind the business.
Who are intentional about estate planning, intergenerational wealth, and financial order.
Who want to use the joint life option to protect each other under one policy.
Who do not want debt and disruption to fall on their dependants in their absence.
No benefits will be paid for:
Everything you need to know about Whole Life Insurance.
Whole Life Insurance is offered subject to the insurance company's underwriting requirements, policy terms and conditions, applicable limits, and prevailing tax laws. Please speak to Mama Bima Kenya for a personalised quotation and full benefit illustration. Bonus projections are at the discretion of the insurance company and may be higher or lower than 2.5%.
Get a personalised quote in minutes and discover how affordable lifelong protection can be.