@kahome_steve@Mnyindo_ Education policies are a SAVING platform for the sake of your child's education. They are not a wealth creation product. That's the misconception most people have. Education policies help you SAVE as you enjoy peace of mind with life insurance attached to it.
You don't not take up an education policy to build wealth rather to protect your investment (your savings + child's educational future)
Other avenues such as Mmf offer the wealth creation route for you to pursue.
@WaruhiuFranklin He is living above his means. He should try and cut costs on rent, food and transport. He already has the car might use it to earn something extra, via taxi business on weekends or off days. Should He succeed in cutting down cost He can put aside at least 1k aside regularly.
@rex_maina If you are a biker kindly get a personal accident cover. It gives you and/or your loved ones financial relief in case of accidents. For only 1,282/=*
@Nesh_maina #RideSafe @Nesh_maina mkuu si unisaidie kufikia other riders wakue na personal. It really helps in case of an accident to take care of medical bills as a result. It's from as low as 1,282 a year.
@SultanGenerali@mbiti_mwondi @anko_kai @YohKush The premium payment is on the first column. For example with 23k per month you get a return of 5,000,000/= over a period of 12 years that's an interest of 11,722/= per month and 1,688,000 Cumulatively.
@SultanGenerali@mbiti_mwondi @anko_kai @YohKush Hello it's a plan designed to help you build a retirement fund over a period of 12 years which will then allow you to have a lump sum amount that gives you access to annuity for the rest of your life