These plans are offered in four categories whose periods are 5, 10, 15 or 20 years. They offer protection to the insured, and have a minimum coverage of KES 1 000 000. They are valid for persons between the ages of 16 and 60 years. In the event of accidental or natural death, at any point during the period of the policy, a death benefit of the cover amount is payable. The owner of the policy can also take up a conversion option, whereby an Endowment plan of his choice is selected, without having to go for any medicals. The cover amount of the endowment plan should not exceed the cover amount under the prior term plan.