The Nawiri Lite Insurance Savings Plan, regulated by the Insurance Regulatory Authority, is designed to help Kenyans save for personal milestones, small business growth, or other life goals. With flexible contributions, competitive returns, and built-in insurance cover, this savings plan offers both financial security and peace of mind.
Contact Information
- Britam Head Office: Britam Tower, Hospital Road, Upper Hill, Nairobi
- Phone / WhatsApp: 0705 100 100
- Email: customerservice@britam.com
- Website: www.britam.com
- MyBritam Portal: https://customerportal.britam.com
- MyBritam App: Available on Google Play Store and Apple App Store
About Nawiri Lite Insurance Savings Plan
The Nawiri Lite plan is ideal for individuals saving for:
- Starting or growing a small business
- Travel or dream vacations
- Restocking a shop or stall
- Setting up a home office or creative workspace
- Weddings or other personal milestones
Minimum Investment: KES 1,000 monthly
Key Benefits
Affordability
Start saving with as little as KES 1,000 monthly, making it accessible to a wide range of Kenyans.
Competitive Returns
Grow your money over time with attractive, market-aligned returns.
Flexibility
Add extra contributions at any time to suit changing financial needs.
Partial and Full Withdrawals
Access your funds partially or fully without any withdrawal charges.
Tax Relief
Policies of 10 years or more qualify for a 15% tax relief on contributions, up to a maximum of KES 60,000 per year.
Protection
Receive funeral expense cover ranging from KES 100,000 to 500,000. In the event of death, a lump sum is paid to your beneficiary within 48 hours.
Transparency
Monthly statements are sent via email, and fund balance updates are delivered to your mobile phone.
Additional Insurance Cover (Optional)
For an extra cost, policyholders can include:
- Critical Illness Benefit: Lump sum on first diagnosis of a listed critical illness.
- Permanent and Total Disability (PTD) Benefit: Lump sum if permanent and total disability occurs.
- Death Benefit: Lump sum payment to your beneficiary in case of death.
Requirements to Sign Up
- Valid National ID, Kenyan Passport, or Alien ID
- KRA PIN
- Age between 18 and 65 years at sign-up
- Minimum monthly deposit of KES 1,000
How to Sign Up
- Contact a Britam Financial Advisor or visit the website to start the process.
- Receive an SMS confirmation once your policy is ready.
- Policy documents are sent via email to confirm coverage.
- Access statements and fund balances via the MyBritam portal or MyBritam app.
How to Make Deposits
Flexible payment methods include:
- MyBritam portal: https://customerportal.britam.com
- MyBritam app: Google Play Store or Apple App Store
- Direct Debit from your bank account
- Bankers or Personal Cheques written to “Britam”
- Salary deduction via your employer
- RTGS/EFT Transfers
Fees
- Management Fee: 0.33% monthly on your fund value, professionally managed to maximize returns.
- Early Withdrawals: No fees apply at any stage of the policy.
Loan Facility
The Nawiri Lite Insurance Savings Plan does not offer policy loans. Withdrawals can be made at any time during the policy term.