NIC Life Insurance Products

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NIC Life Products

Get the Coverage you can trust

Securing what matters most—today and tomorrow

NIC Career Plan

This is a Term Policy that builds cash value for your family over time, the policy remains in force and the beneficiaries will receive a set death benefit up on the insured’s demise

Endowment Plan

This is an investment and protection life assurance policy. It’s designed for individuals who want to save or seek financial protection

Ngabo Yo Last Expense Plan

This is a Financial Management plan that guarantees a lump sum cash payment upon the death of a member and peace of mind to Families, employers and groups of people

Uganda Migrant Worker's Insurance scheme- UMWIS

This policy is ideal for all Ugandans travelling abroad for Work through Licensed Labor Recruitment and Externalization Companies.

Credit Life Insurance (Loan Protection)

The product provides cover sufficient to settle the outstanding loan balance in the event of death, total permanent disability, critical illness or accidental death (including funeral expenses)

Comprehensive Insurance Package For Schools

is an all-risks insurance solution which provides for every risk that may significantly affect the various stakeholders in your school

Mortgage Protection Assurance

Mortgage protection policy offers cover in respect of outstanding Mortgage balances from the insured

Group Last Expenses Plan (Funeral Cover)

It is a product that is taken out by institutions, employers, homogeneous groups, families or an individual who is still living. 

Group Life Assurance Plan

This is a policy issued to the employers who wish to provide financial protection for the families of their employees in the event of death of the employee

Key Man Insurance Plan

This life insurance policy is purchased by a company on the life of an owner, a top executive, or another individual considered critical to the business and its operations

Annuity Contract Plan

This is an arrangement that provides for the contributions and interest(less administration charge) at the end of the policy period.