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- The Kuza Plan is designed for individuals and businesses, offering flexibility and peace of mind, targeting corporates and business professionals aged 30-60
- It goes beyond traditional financial security measures to empower Ugandans to plan for a brighter future for themselves and their families
- The plan provides a safety net by merging savings with life and disability insurance, offering last rites and permanent disability benefits at no additional cost
This new plan is designed to cater to both individuals and businesses, offering unmatched benefits, flexibility, and peace of mind.
Targeted at corporates and business professionals aged between 30 and 60, the Kuza Plan aligns with their financial aspirations and lifestyle choices, positioning itself as a beacon of security and adaptability.
The company says Kuza Plan goes beyond traditional financial security measures by empowering Ugandans to plan for a brighter future for themselves and their families.
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By merging savings with life and disability insurance, the plan provides a robust safety net, allowing individuals to pursue their goals with confidence. Liberty Life is not only reshaping the insurance sector but also fostering opportunities for Ugandans to thrive in an ever-changing environment.
One of the standout features of the Kuza Plan is its provision of last rites and permanent disability benefits at no additional cost. Unlike conventional savings plans, the Kuza Plan offers the flexibility to cancel without incurring penalties, ensuring that the investment account balance is fully returned.
Flexibility and convenience
Mr. Joseph Almeida, Managing Director of Liberty Life Assurance Uganda, expressed his enthusiasm about the new product, stating, "We strive to empower individuals to secure their financial future with confidence. The Kuza Plan represents a bold step towards this goal, offering essential benefits and unparalleled flexibility to meet diverse customer needs."
Emphasizing the unique features of the plan, Mr. Danish Mohammad Eqbal, Principal Officer and CEO of Liberty Life, highlighted, "The Kuza Plan ensures your investments grow—'KUZA'—even if premium payments stop. We prioritize transparency and flexibility, aiming to provide peace of mind to policyholders and beneficiaries."
Flexibility and convenience are central to the Kuza Plan, which offers five benefit options to accommodate varying budgets and preferences. Unlike traditional life assurance plans, it allows easy access to funds without surrender penalties, empowering individuals to maintain control over their savings.