Money conversations are not the easiest, especially in a marriage setting. Conflicting attitudes toward budgeting, savings, investing, protection or even how to spend money can scuttle the best-laid marriages. So how can a married couple best approach financial conversations, even when disagreeing on particular money approaches? Experienced financial & wealth advisors provide a number of […]
If you constantly ask yourself this question, you probably need a financial plan. We do understand that financial planning doesn’t come easily but so is life. If you are determined to get ahead in life unless you are Prince Charles III you must learn how to plan your finances, put in the hard work and […]
The answer is straightforward, because accidents can happen at any time. And when they do, business insurance helps pay for damages you would have otherwise borne out of your revenue.
A retiree has access to tax free lump sum retirement benefit up to a maximum of Kes. 600,000. Any amount above this will be taxed in a graduated scale as per below table. The tax percentage is based on whether the withdrawal is at the time of retirement or an early withdrawal. Upon exit before […]
Homeowners’ insurance provides financial protection against many common household disasters. A standard policy insures the home itself and the things you keep in it are covered for both the home owner and the tenant. You feel at peace knowing that you have protection against major risks like fire, flood, theft, escape of water, and damage. […]
This is the amount of loss to be borne by the insured in the event of a claim and as stated in the primary policy schedule. What is an Excess Protector? This is a benefit that is purchased and added to a car insurance policy at inception of cover to protect the insured from paying […]
Whether you’ve just acquired your first car or you are an experienced car owner scouting for better car insurance options. The first and most important step is to understand what your car will be covered for when purchasing comprehensive car insurance. Comprehensive insurance in Kenya is motor insurance that protects your car and third parties […]
Many other businesses choose to take out professional indemnity insurance to protect themselves against legal claims. The insurer will only cover for claims that are brought against the business during the term of the policy. Professional indemnity insurance policies also referred to as errors and omissions (E&O) insurance help cover you against potentially catastrophic financial […]
BLOG 1: Are retirement benefits tax-exempt? A retiree has access to tax free lump sum retirement benefit up to a maximum of Kes. 600,000. Any amount above this will be taxed in a graduated scale as per below table. The tax percentage is based on whether the withdrawal is at the time of retirement or […]
We have heard many customers stories of how they went head-first into buying a retirement plan. But that is a tricky business as it calls for a lot of quick guesswork that might burn your fingers in the end. Proper retirement planning process requires a lot of intricate information sharing before you can make the […]