Gemsave is the most competitive short-term insurance savings plan in Kenya, helping you set aside money for a specific goal, or for savings sake. It also provides life insurance protection – as you save – in the unfortunate event that life takes an unexpected turn ensuring that your goal remains secure for you and your loved ones.
How does it work?
- You choose how long you want to save (term) and the amount you want to achieve or the amount you can comfortably pay, either regularly or as a one-off (premium).
- You save in a way that suits you: monthly, quarterly, half-yearly, yearly, or as a single payment.
- Your savings earn an annual bonus, with an extra bonus paid at the end of the savings period (at maturity).
- At maturity, you receive your total savings plus both bonuses.
