FANAKA Plan

This is a life insurance plan that offers you multiple avenues to save and grow your money. We all have goals in life: building a home, buying a new car, starting your own business and getting married.

What we offer

Jubilee Life Insurance FANAKA Plan enables you to invest in a professionally-managed fund which will ensure you have the savings to achieve your dreams. Our plans are flexible, each tailored to fit our clients’ individual needs.

Benefits

Benefits at a glance

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Benefits are payable based on sum assured chosen by the client

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Premiums are predetermined and fixed

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Policy term varies from 5 to 20 years depending on the client’s financial plan

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Premium payment can be made monthly, quarterly, semiannually or annually

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Minimum sum assured is TZS 5,000,000/=

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Has a 30 days free look period

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More than one beneficiary can be included in this Policy

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Loan eligibility varies from policy terms 5-10 years and 11-20 years. Policy offers loan after 60 months and 36 months of premium payment respectively. (Terms and Conditions Apply)

Our job is to help you choose the right insurance cover for you so that you may Live Free!