Best Education Insurance Companies in Kenya

Looking for the best education insurance companies in Kenya?

Well, every parent works hard to ensure that their children get the best of everything and most of all education.

Education insurance plans serve two purposes, savings, and protection. Therefore, the best coverage plans protect the child’s future school fees and cater to the unexpected accidents or demise of your beloved child/ren.

Education plans offer security in that you will no longer have to worry about future school fees funds.

Clearly, if you planned well, a long-term policy that extends to the university level is the best gift you can offer your children.

Best education insurance companies in Kenya Britam

Britam Holdings Limited, previously known as a British-American Investments Company, is one of the best insurance companies in Kenya.

They have an education plan known as Elimu Bora to help you prepare for the educational future of your child.

Elimu Bora Education Plan is a combination of insurance protection and savings that allows you to prepare for the cost of education of your child.

The plan has been specifically designed to provide funds for your child’s fees while in secondary school and a lump sum amount for joining the university.

The Elimu Bora policy gives you a number of benefits;

  • Guaranteed cash bonuses
  • Maturity benefit
  • Death benefit
  • Lien option (non-medical requirement)
  • Tax relief


The Jubilee Insurance also has an education policy, Career Life Plus that you can take for your child and invest in his/her future.

Career Life Plus cover is tailored to ensure your child’s dreams are fulfilled through a well-managed fund. The cover also comes with extra benefits;

  • Financial security
  • Flexible investment options
  • Education savings with life cover
  • Accident & disability cover

Madison Group

The Madison Group is also one of the best education insurance companies in Kenya. This insurance company has two education policies; Bima ya Karo and Uniplan.

Madison UniPlan is a policy that enables parents and guardians to save up funds to guarantee their children’s college education.

It allows parents/guardians to predetermine the cost of college education for their children early enough by having a structured saving plan towards a set goal depending on the choice of college and the course.

The policy allows flexible funding by allowing variation of the contributions during the term of the policy.

The policy has a term range of 5 to 15 years, therefore, being a medium to a long-term plan.


UAP Insurance has an education policy known as Elimika Education Plan.

Elimika Education plan is an affordable savings plan that allows you to invest as little as Ksh 2,500 for up to 21 years and to receive staggered payments to cater to your child’s school fees.


  • Maturity benefit
  • Tax relief
  • Savings plan with a life cover benefit
  • Flexible premium payment plans
  • Your savings start to gain after two years


The ICEA Lion enables you to give your child the best possible chance for success with their UsomiBora Education policy.

UsomiBora policy gives you the flexibility to put away whatever you can afford today in order to ensure future funding for your children’s education.

Whether you are saving for primary, secondary or college education, with UsomiBora you can pay the premiums monthly, quarterly, half-yearly or annually.

The policy also comes with a life cover for your own protection.

Pan African Insurance Company

As one of the best education insurance companies in Kenya, Pan African Insurance company (now Sanlam Kenya PLC) offers FlexiEducatour Plus education plan for your child|ren.

FlexiEducator Plus is a flexible endowment policy that is designed to help you save for your child’s education needs and has the following benefits:

  • Of the sum assured, 25% is payable annually for four years to maturity, followed by 100% of the sum assured at maturity.
  • It has a double accident benefit to ensure that, in the event of your death or total disability due to an accident, an amount equal to the main sum assured is payable, bringing the total pay-out to 200% of the sum assured
  • If you are diagnosed with one of the listed critical or terminal illnesses, 50% of the sum assured is payable
  • If the life assured passes on or becomes permanently and totally disabled due to an accident or natural causes as well as first-time critical illness diagnosis, the company takes up 100% of the premiums to maturity

APA Insurance

APA Insurance has an education insurance policy known as APA Elimu.

This policy enables you to build a fund over a period of time, making suitable provision for your child’s school fees requirements as to when they are required.

It also ensures that the child’s fee required is available even in the untimely death of the policyholder during the term of the policy.

The premium will be payable for the policy term selected (capped at 20 years) or until the death of the life assured if it occurs within the term.

The minimum and maximum ages at entry are 18 years and 65 years respectively. The maximum maturity age is 70 years.

Planning for the future of your children is one of the greatest moves you can take. Benjamin Franklin said that an investment in education pays the best interest.

What then could be of more importance than investing in children’s education?

Above, I have given you some of the best education insurance companies in Kenya, it’s time for you to take that boss move and have your children’s education guaranteed.

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