KSh 1 Million Term Life Cover
KSh 1,000,000 of term life cover in Kenya from about KSh 1,200 a month for a healthy 30-year-old non-smoker — a tax-free KSh 1M lump sum for your family. Premiums vary by age, health, and smoker status.
from
KSh 1,200/month
A KSh 1,000,000 term life policy in Kenya costs from about KSh 1,200 a month for a healthy 30-year-old non-smoker on a 10-year term. If you die during the term, your beneficiaries receive a tax-free KSh 1M lump sum; if you outlive it, the policy simply expires. It is the cheapest way to leave your family a defined safety net. Your premium depends heavily on age, health, and smoker status — a 45-year-old or a smoker can pay several times more for the same KSh 1M. Vike compares the KSh 1M rate across CIC Life, Britam, Jubilee, Old Mutual and ICEA Lion and sends you firm quotes on WhatsApp.
- KSh 1,000,000 tax-free lump sum to your beneficiaries
- From ~KSh 1,200/month — healthy 30-yr-old non-smoker, 10-yr term (illustrative)
- Premium rises sharply with age, poor health, or smoking
- Add critical illness, disability waiver, or accidental death riders
- Compare CIC, Britam, Jubilee, Old Mutual, ICEA Lion — firm quote on WhatsApp
KSh 1 million is the most-requested entry point for term life cover in Kenya — enough to clear a modest debt, cover a few years of household expenses, or fund school fees if a breadwinner dies, without the premium of a multi-million-shilling policy. Term life is pure protection: you choose a term (commonly 5, 10, or 20 years), pay a fixed monthly premium, and your nominated beneficiaries receive the full KSh 1,000,000 tax-free if you die during that term. There is no cash value and no maturity payout — which is exactly why it is so affordable per shilling of cover.
As an illustration, a healthy 30-year-old non-smoker can secure KSh 1M of 10-year level term cover from roughly KSh 1,200 a month. That figure is a placeholder, not a quote: life premiums move sharply with age, health, smoker status, term length, and any riders. A 45-year-old, a smoker, or someone with a chronic condition can pay several times more for the identical KSh 1M. Because the gap between insurers is wide, Vike compares the KSh 1M rate across CIC Life, Britam, Jubilee, Old Mutual, ICEA Lion and others, and sends you firm, age-rated quotes over WhatsApp — usually the same day.
What It Covers
A tax-free KSh 1,000,000 lump sum to your beneficiaries on death during the term
Death from any cause, subject to standard exclusions and the initial waiting period
Optional critical illness rider — early payout on diagnosis of cancer, heart attack, stroke, etc.
Optional Total Permanent Disability (TPD) and premium-waiver riders
Optional accidental death benefit — an increased payout if death is accidental
Fixed premiums for the whole term — your monthly figure never rises with age
Who It's For
Young families wanting an affordable, defined safety net of KSh 1M
Borrowers protecting a loan, car, or business facility around the KSh 1M mark
First-time life-cover buyers testing the product before scaling up
Self-employed Kenyans with no employer group-life cover
Anyone who wants a concrete cover figure rather than an open-ended quote
Types We Cover
Each profile is rated and underwritten differently. Talk to us so we can match your specific situation.
KSh 500,000 cover
A starter safety net — funeral costs, short-term household expenses, or a small loan. The lowest monthly premium; a common first policy.
KSh 1,000,000 cover (this plan)
The most-requested tier — clears a modest debt or funds a couple of years of expenses or school fees. From ~KSh 1,200/month for a healthy 30-year-old non-smoker (illustrative).
KSh 5,000,000 cover
Replaces several years of a breadwinner's income and settles larger debts. A typical level for a primary earner with dependants and a mortgage.
KSh 10,000,000 cover
Full income-replacement and estate protection for higher earners or large liabilities. Often requires a basic medical at this sum assured.
Real-World Scenarios
Young parent, KSh 1M, 10-year term
A 30-year-old non-smoker takes KSh 1M of 10-year level term cover from about KSh 1,200/month. If they die within the term, their spouse receives a tax-free KSh 1,000,000 to cover school fees and household expenses while the family adjusts. If they outlive the term, cover simply ends — that is the trade-off for the low premium.
Smoker pays more for the same cover
A 30-year-old smoker applying for the same KSh 1M, 10-year cover is typically rated well above the KSh 1,200 non-smoker figure — often KSh 2,000–3,000+ a month — because smoker mortality is higher. This is why a personalised, age- and health-rated quote matters; the headline figure is only the healthy-life starting point.
Topping up to KSh 1M alongside group cover
An employee already has 1× salary group life through work but wants a guaranteed KSh 1M that follows them between jobs. A personal KSh 1M term policy is portable, stays in force if they change employer, and pays in addition to any group benefit.
Optional Benefits & Add-ons
Critical illness rider
Total Permanent Disability (TPD)
Premium waiver on disability
Accidental death benefit
Funeral expenses advance
Convertibility to whole life without fresh underwriting
Availability varies by underwriter. Our advisors will confirm what is available on your chosen policy.
Frequently Asked Questions
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