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.
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 at a glance
Benefits at a glance
This is a combination of Investment and protection plan
This is a combination of Investment and protection plan
- 1Benefits are payable based on sum assured chosen by the client
- 2Premiums are predetermined and fixed
- 3Policy term varies from 5 to 20 years depending on the client’s financial plan
- 4Premium payment can be made monthly, quarterly, semiannually or annually
- 5Minimum sum assured is TZS 5,000,000/=
- 6Has a 30 days free look period
- 7More than one beneficiary can be included in this Policy
- 8Loan 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)
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