Life and Pensions Products
Protecting Your Loved Ones and Securing Your Future
At Flosure Insurance Agency, we understand that financial security is about more than today — it’s about preparing for tomorrow. Our Life and Pension solutions provide peace of mind, protect your loved ones, and ensure a dignified retirement.
Group Credit Life
Group Credit Life Insurance protects both lenders and borrowers by covering outstanding loans in case of a borrower’s death. This ensures families are not burdened with debt while financial institutions remain protected from defaults.
Key Benefits:
- Covers outstanding loan balances upon death
- Protects both borrowers and lenders
- Ideal for SACCOs, banks, and microfinance institutions
Group Life Insurance
This cover provides financial protection to employees and their families in the event of death, disability, or terminal illness. It’s an affordable employee benefit that strengthens employer-employee relationships.
Key Benefits:
- Affordable cover for large groups
- Enhances employee loyalty and well-being
- Provides lump-sum benefits to dependents
Individual Life Insurance
A flexible solution tailored to your personal goals. Individual Life Insurance provides peace of mind by protecting your family financially while also offering savings and investment opportunities.
Key Benefits:
- Tailored cover to match your lifestyle and needs
- Protects your family’s financial stability
- Provides lump-sum benefits to dependents
Pensions & Retirement Plans
Annuities
Annuities provide guaranteed income during retirement, ensuring financial stability for the rest of your life. It’s the perfect way to secure peace of mind after your working years.
Key Benefits:
- Guaranteed income for life or a fixed period
- Flexible payout options
- Provides financial security in retirement
Individual Pension Plan (IPP)
The Individual Pension Plan is a long-term savings plan that helps individuals build a retirement fund in a flexible and tax-efficient way.
Key Benefits:
- Designed for individuals to save consistently
- Tax benefits on contributions
- Flexible contributions to suit your income level
Umbrella Pension Plan
The Umbrella Pension Plan allows employers, associations, and SMEs to provide retirement benefits to their members or employees under one scheme, making retirement planning accessible and affordable.
Key Benefits:
- Affordable group retirement solution
- Reduces administrative burden for employers
- Offers flexibility and growth for members