This product is designed to take the burden of insurance payments of our customers. It allows our customers to enjoy the benefit of insurance cover immediately, while they pay their premiums over a longer period.
The bank will advance you a loan which you will pay in monthly installments and pay the premiums directly to your insurance company.
When you get your paycheck, take a percentage -- between 10 percent and 30 percent -- and put that away. You'll be rich enough to be financially independent within a short period of time.
Consolidated Bank is regulated by The Central Bank of Kenya.
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