Prudential Life Assurance and Standard Chartered Bank form bancassurance partnership in Kenya

Prudential Life Assurance Kenya and Standard Chartered Bank Kenya have entered into a strategic partnership to market two bancassurance products designed for the affluent and very wealthy.

Called “LivLife”, the first solution offers coverage of up to 500 million KES (3.87 million USD), for intergenerational wealth transfer, estate planning and long-term financial security.

The second policy, “Future Ready”, allows policyholders to finance their children's education, save for retirement and strengthen their long-term financial resilience.