IRA Class 08 · Long-term (Life)
Investment-Linked in Kenya
Unit-linked life-savings contracts whose value tracks investment funds, under IRA Class 08.
What does Investment-Linked cover?
Investment-linked policies combine life cover with savings invested in unitised funds. Returns depend on fund performance - there is potential upside but no guaranteed minimum payout.
Who needs Investment-Linked?
Kenyans with a moderate-to-high risk appetite who want long-term capital growth alongside life cover.
Examples of Investment-Linked policies in Kenya
- Unit-linked education plans
- Unit-linked retirement plans
Frequently asked questions
Are investment-linked policies guaranteed?
No. Unlike Class 01 bonds, the maturity value depends on the performance of underlying investment funds.
Regulation
Investment-Linked is licensed under Class 08 of the Insurance Act (Cap 487) and supervised by the Insurance Regulatory Authority (IRA). Only insurers holding a current Class 08 licence may underwrite this cover in Kenya.