Discover the best Life Insurance from trusted providers in Kenya.

Compare over 38 underwriters online and find the best life insurance for you and your family. Fast, objective support you can trust.

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Welcome to Money254 - your simple way to compare financial products online.

At Money254, we're dedicated to helping you find the right loans and insurance products for your business or personal needs. We have partnered with mTek to make it easy to compare car, health and life insurance policies from 38 underwriters. Download the mTek app to compare and apply today.

We've helped over 7,500 people find the right financial products

Money254 is your partner to help you make the right money decisions. Compare and apply for loans, savings and insurance products from leading providers online.

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How it works

We help you find the right insurance product in under five minutes.


Download the mTek App

Download the mTek app today and complete the sign-up policy to compare a wider range of insurance policies from 38 underwriters.


Choose a Policy that works for you

Compare Policies on the details that matter to you.


Pay for the Policy directly from the App

Found a policy? Choose a payment plan and pay directly in App to activate your policy. Still not sure on the best option? Reach out to support in App to help answer any questions.

Why we partnered with mTek

mTek is a leading insurance Broker regulated by the Insurance Regulatory Authority of Kenya. Their best-in-class experience makes understanding and applying for a wider range of insurance categories seamless and fast.

Get the mTek app and be ready to compare life insurance whenever you need.

Compare quotes and apply for life insurance policies across 38 leading underwriters.

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Top Life Insurance Tips

Understand Your Needs

Before diving into any insurance policy, it's crucial to assess and understand your unique needs. Whether it's for health, travel, car, or life, choosing a plan tailored to your situation ensures you're not overpaying for unnecessary coverage or under-protected when the unexpected happens.

Regularly Review Your Policy

Insurance isn't a "set it and forget it" product. As life changes—like buying a new car, traveling to new destinations, or expanding your family—it's wise to regularly review and adjust your policies to ensure they align with your current circumstances.

Know the Details

Every insurance policy comes with exclusions, limits, and conditions. It's essential to be familiar with these to avoid unpleasant surprises during a claim. Always read the fine print, and don't hesitate to ask questions to clarify any uncertainties.

Frequently Asked Questions about Life Insurance

Life insurance can be hard to understand - especially because you won't enjoy it.

What is life insurance?

Life insurance is a contract between an individual and an insurance company, where the individual pays regular premiums in exchange for a payout to their beneficiaries upon their death. The objective is to provide financial support to the loved ones of the insured in the event of their passing.

Are there different types of life insurance available in Kenya?

Yes, the most common types include:

  • Term Life Insurance: Covers the insured for a specific term. If the insured dies within this term, the death benefit is paid to the beneficiaries.
  • Whole Life Insurance: Provides coverage for the entire life of the insured and usually includes a savings component.
  • Endowment Policy: A combination of savings and life insurance. It pays out a lump sum either upon the death of the insured or after a specific term.

What is the difference between Life Insurance and Life Assurance?

Nature of Contract:

  • Life Insurance: It's a contract that provides coverage for a specific term. If the insured dies within this term, the death benefit is paid out to the beneficiaries. If the insured survives the term, typically no benefits are paid out.
  • Life Assurance: This is a whole-of-life policy, which means it ensures a payout upon the death of the insured, whenever that occurs. It provides coverage for the entire lifetime of the insured.


  • Life Insurance: Typically term-based (e.g., 10, 20, or 30 years).
  • Life Assurance: Coverage lasts for the entire life of the insured.


  • Life Insurance: Primarily provides financial protection to the beneficiaries in case of the insured's death during the policy term.
  • Life Assurance: Provides a guaranteed payout upon death, and it often has a savings or investment component attached to it.


  • Life Insurance: Typically, premiums are lower because it's for a fixed term and there's a possibility no claim will be made.
  • Life Assurance: Premiums are usually higher because a payout is guaranteed.

Cash Value:

  • Life Insurance: Term life insurance does not accumulate any cash value. However, some types like universal or whole life can have a savings component.
  • Life Assurance: Often accumulates a cash value over time, especially if it's an endowment policy or whole-of-life policy. This can be withdrawn or borrowed against under certain conditions.


  • Life Insurance: Generally more straightforward with fewer provisions for changes.
  • Life Assurance: Can be more flexible, especially with policies that have investment components. Policyholders might be able to adjust premium payments or the death benefit, depending on the policy terms.

In summary, while both life insurance and life assurance provide a death benefit, life insurance provides coverage for a set term, whereas life assurance covers the entire lifespan of the policyholder and often comes with a savings or investment component.

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