ICEA Lion Life Assurance Company Limited is a subsidiary of the ICEA Lion Insurance Holdings Limited, which was formed as a result of a merger between Insurance Company of East Africa Limited (ICEA) and Lion of Kenya Insurance Company Limited (LOK) in 2011.
Africa & Middle East
||28 November, 2016
||Principles for Sustainable Insurance
ICEA Lion Life Assurance Company Limited and Insurance Company of East Africa Limited were well known insurance and financial services market leaders in Kenya and the wider Eastern Africa region. The merger resulted in the creation of one of the largest insurance groups in the region, with well established insurance operations in Kenya, Uganda and Tanzania as well as leading subsidiaries in fund management and corporate trusteeship.
A key element of this consolidation has been the establishment of separate life and non-life insurance companies in Kenya. ICEA Lion Life Assurance Company Limited is a dedicated life assurer while ICEA Lion General Insurance Company is a general insurance company with both operating as subsidiaries of ICEA Lion Insurance Holdings Limited.
ICEA Lion Life insurance (or life assurance), is a contract between an insurance policy holder and ICEA Lio, where the insurance company promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder), critical illness or terminal illness.
How to use ICEA LION Life Policy Paybill Number 300 900
- Go to SIM tool kit and select Safaricom
- Select lipa na Mpesa
- Select Paybill
- Enter ICEA LION Life Policy Paybill Number 300 900
- Enter account number i.e the last 5 digits of your policy number.
- Enter amount to send
- Enter Mpesa pin.
- Confirm the transaction details and press okay
- You will get a confirmation message from Safaricom informing you the transaction is successful.
ICEA Lion usually takes 3 days to update the account.
Note that your account number is the last FIVE digits of your policy number.
ICEA Lion offers the following life policies
- Group school fees protector
- Individual life assurance
- Children’s education plans
- Endowment with profits policy
- Whole life assurance
- Limited pay whole life
- Single premium whole life
- Terms assurance
- Level term life plan
ICEA Lion insurance contacts
In case of any queries regarding ICEA LION Life Policy Paybill Number 300 900, contact them on:
ICEA LION Centre,
Riverside Park on Chiromo Road,
P.O.Box 46143-00100 Nairobi,
Tel: +254 20 2750 000
Cell: +254 719 071000,
+254 730 151000,