Jubilee Insurance: Comprehensive Insurance Solutions in Kenya

Overview

Established in 1937, Jubilee Insurance is a leading composite insurer in East Africa, serving over 450,000 clients as one of Kenya’s 56 licensed insurance companies under the Insurance Regulatory Authority. Renowned for its extensive range of life, general, and health insurance products, Jubilee Insurance is also the region’s largest medical and marine insurer. With a commitment to financial security and customer-centric services, the company offers tailored solutions for individuals and businesses, supported by a widespread network of branches across Kenya.

Jubilee Life Insurance Products

Jubilee Insurance provides a diverse portfolio of life insurance products designed to meet personal and business financial planning needs.

Personal Life Insurance Products

1. Education Plan Policy
   A savings vehicle crafted to secure funds for a child’s education, ensuring financial support for academic milestones.
2. Fanaka Investment Plan
   A life insurance policy that combines protection with investment opportunities, enabling policyholders to save and grow their wealth.
3. Baada ya Campo Policy
   Tailored for university or college students, this life insurance plan builds a fund over 4 to 6 years, aligning with the duration of their academic program.
4. Anticipated Endowment Plan
   An endowment policy offering periodic cash payments to the policyholder during the policy term, providing financial flexibility.
5. Joint Maxlife Plan
   Protects two individuals under a single policy, paying the full policy value upon the death of either insured individual.
6. Whole Life Policy
   A lifelong insurance plan that provides a payout to beneficiaries upon the policyholder’s passing, with premiums paid throughout the policyholder’s life.
7. Family Shield Cover
   Covers expenses related to a loved one’s passing, offering financial relief during difficult times.
8. Single-Premium Immediate Annuity
   A contract where a lump-sum payment is exchanged for regular income disbursements for the remainder of the policyholder’s life.
9. Personal Pension Plan
   A long-term investment product designed to build a retirement fund, ensuring financial stability in later years.

Business Life Insurance Products

1. Group Last Expense Cover
   Provides fixed payouts to cover funeral costs for members of a scheme, offering peace of mind to families.
2. Group Life Policy
   Delivers a lump-sum benefit upon the death of a scheme member, typically employees or members of an affinity group.
3. Group Mortgage Protection Cover
   Ensures funds are available to cover mortgage payments for dependents in the event of the policyholder’s death.
4. Credit Life Assurance
   Settles a borrower’s outstanding debt in case of their death, protecting both the lender and the borrower’s family.
5. Group Retirement Benefit Plans
   A collection of pension plans provided by employers to help employees save for retirement.
6. Occupational Retirement Benefit Scheme
   Manages contributions from employers and employees, with benefits determined by total contributions and accrued interest at retirement.
7. Jubilee Umbrella Scheme
   Allows multiple unrelated employers to join a single pension scheme, simplifying compliance, setup, and administration.

Jubilee General Insurance Products

Jubilee Insurance offers general insurance products to protect individuals and businesses from various risks.

Personal General Insurance Products

1. Personal Accident Policy
   An annual policy compensating for injuries, disability, or death caused by violent, accidental, external, and visible events.
2. Motor Insurance
   Protects vehicles against losses from accidents, theft, or damage. Options include:

• Third-Party Fire & Theft: Covers theft, fire, third-party bodily injury, and property damage.
• Comprehensive: Includes third-party liabilities and vehicle damage from fire, theft, or accidents.

1. Home Insurance (Domestic Package)
   Safeguards homes and personal belongings against risks such as fire, theft, and other damages.
2. Travel Insurance
   Covers unexpected events during travel, including theft, loss of baggage, trip delays, or cancellations.

Business General Insurance Products

1. Fidelity Guarantee Policy
   Protects businesses from financial losses due to employee dishonesty or breach of trust.
2. Group Personal Accident
   Compensates employees for injuries, disability, or death caused by accidental, external, and visible events.
3. Crop Insurance
   Shields farmers from crop losses due to natural disasters, pests, or theft.
4. Livestock Insurance
   Covers losses from the death or injury of livestock due to accidents, natural events, or theft.
5. Professional Indemnity
   Protects professionals from legal liabilities arising from negligent acts, errors, or omissions in their professional duties.
6. Work Injury Benefits Act (WIBA)
   Combines WIBA and Group Personal Accident coverage, addressing employee medical needs or work-related disabilities.
7. All Risk Insurance
   Provides broad coverage for perils not explicitly excluded in the policy.
8. Marine Hull & Cargo Insurance
   Covers losses or damages to ships, cargo, and terminals during transit, reinforcing Jubilee’s position as East Africa’s largest marine insurer.

Jubilee Health Insurance Products

As East Africa’s leading medical insurance underwriter, Jubilee Insurance offers comprehensive health solutions for individuals and businesses.

Personal Health Insurance Products

1. J-Inue
   An affordable, all-inclusive medical insurance product available online. Accessible via 6435# or the “Buy Now” option, it offers immediate comprehensive coverage for individuals and families.
2. J-Care Individual/Family Health Cover
   Provides flexible medical coverage through a network of over 200 providers across Kenya.

• Eligibility: Adults aged 18–60 years; children aged 1 month–17 years.
• Key Benefits:
  • Five levels of comprehensive coverage with optional maternity, outpatient, dental, and optical benefits.
  • Coverage for pre-existing, chronic, psychiatric, congenital conditions, and HIV/AIDS.
  • Access to a countrywide provider network.
  • Overseas inpatient referrals on credit at select hospitals.
  • Inpatient dental and optical treatment.
  • Post-hospitalization benefits.
  • Funeral expense coverage.
  • Free personal accident benefit for the principal member.
  • Direct treatment access within East Africa.

Business Health Insurance Products

1. Corporate Health Cover
   Supports employee well-being with coverage for consultations, physiotherapy, diagnostic fees, hospital accommodation, surgeries, ICU charges, medications, and emergency evacuations.
2. SME Health Cover
   Offers holistic health coverage for small and medium enterprises, including consultations, diagnostics, hospital stays, surgeries, and emergency services.

Jubilee Insurance Branches in Kenya

Jubilee Insurance maintains a robust network of branches to ensure accessibility across Kenya:

1. Head Office

• Location: Jubilee Insurance Centre, Wabera Street, Nairobi
• Contact: 020 328 1000

1. Westlands Branch

• Location: Vanguard House, 1st Crossway Road, Chiromo Road, Nairobi
• Contact: 020 328 1520

1. Capital Centre Branch

• Location: Capital Centre Mall, 1st Floor, Mombasa Road, Nairobi
• Contact: 020 328 1000

1. Mombasa Branch

• Location: Jubilee Insurance House, Moi Avenue, Mombasa
• Contact: 020 328 1600

1. Nyeri Branch

• Location: Sohan Plaza, Kimathi Way, Nyeri
• Contact: 020 328 1530 / 254 725 645 917

1. Thika Branch

• Location: Maisha Heights, 3rd Floor, Thika Town
• Contact: 0709 901 729 / 0702 957 979

1. Kisii Branch

• Location: New Sansora Building, Hospital Road, Kisii
• Contact: 020 328 1726

1. Eldoret Branch

• Location: Imperial Court, Main Nairobi/Uganda Highway, Eldoret
• Contact: 020 328 1510

1. Nakuru Branch

• Location: Tower One, Moi Road, Nakuru
• Contact: 020 328 1535

1. Bungoma Branch
   • Location: Hibho Plaza, Moi Avenue, Bungoma
   • Contact: 020 328 1515

Conclusion

Jubilee Insurance stands as a trusted partner for individuals and businesses in Kenya, offering a comprehensive suite of life, general, and health insurance products. With its extensive experience, regional leadership in medical and marine insurance, and a widespread branch network, Jubilee Insurance is dedicated to delivering financial security and exceptional service to its clients.

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