I have another child
Add KES 12k/mo to expenses. Lift emergency target to 7 months. Home goal slips 9 months.
Goals affected
Recommendations
- · Lift emergency target
- · Open Education goal
- · Pause Side Hustle for 12 months
Protection that fits
Jubilee Insurance · Health
Jubilee Family Health Plus
KES 6k
/ month
Comprehensive medical cover for the whole family with NHIF top-up.
Cover
KES 3M inpatient · 200k outpatient
"A single hospital admission would otherwise drain your emergency fund."
ICEA Lion · Education
ICEA Lion Education Saver
KES 9k
/ month
Endowment policy that locks in school-fee funding even if the breadwinner is gone.
Cover
KES 2.5M maturity · waiver on death
"Guarantees first-year fees regardless of what happens to your income."
Old Mutual · Life
Old Mutual Term Life
KES 2k
/ month
Pure protection life cover. Pays out a lump sum to your dependants if you pass on within term.
Cover
KES 5M · 20-year term
"Covers the gap between your current net worth and Future Me targets."
Investments to consider