CRL

Please visit the CBK website at.....WWW.CENTRALBANK.GO.KE and learn more about bonds.Happy/successful investing.Regards.


Ali Baba

J J

I dont really understand how the icea policy works but will tell about the one I understand by britak the chq is not paid to the school but the policy owner who is the parent so even if you dont want to educate ur kid u can drink all the money


Dignityis everything keep it intact

Alibaba

A salesman just sells. The buyer should make sure he gets the value. Further more if the buyer walks away the seller will have to change the price or the product.




stop complaining and start a revolution

@Ali Baba;

You are quite harsh on the insurance companies when you write 'Those policies are not worth the paper they are written on.'

The policy pays back all the money injected plus interest [albeit small when compared to other investment avenues]. But the key is not to treat it as an INVESTMENT.

It is not; indee,ICEA does not even call the earnings 'interest'; it calls them 'bonuses'.

You will know that an education policy is worth more than the paper it is printed on when your relative dies and you have to support his/her kids with school fees...just because the parent did not have education insurance.

One thing that must be emphasised is that and education policy [or any other insurance policy for that matter] is NOT an investment!!! Therefore it should NEVER be compared to investments like shares,bonds,real eastate and the like.

For that reason,one shuld only inject a small amount of money into the insurance AND invest into other avenues as usual.


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

Mukiha na mtaaalam mungekuwa karibu mgekunywa moja baridi you have reasoned like schooled kenyans

Dignityis everything keep it intact

MUKIHA,

I've learn't not to trust companies with their products.Theirs is business.Read profits for shareholders.Personally,I don't believe in education insurance.What I have is a slush fund for my kids schooling plus a will and an executor should I kick the bucket.I think the end justifies the means.Maybe same results but differents routes to kids schooling.


Ali Baba

@Ali Baba;

You are not serious,are you?

If you are,then you have not understood my point.


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

MUKIHA,

I'm serious and I understand your point.I don't need insurance to help me pay for my kids school.Well,I just bought my shares in an insurance company.I'd like you guys to keep buying policies.Our business is to sell dreams to 'gullible' kenyans. Warren Buffet says he loves insurance companies.....because they are in business of selling 'hot air' to its customers.

OTEVE

You buy your insurance if it serves you well.But just understand its not everyone who needs it.Though your premium payments serves shareholders well.We luv your money.


Ali Baba