Q&A: Treat insurance as an investment tool ⏤ Jubilee Life CEO, Kumar Sumit Gaurav Jubilee Life Insurance Uganda recently launched a new product aimed at fostering a culture of saving among Ugandans. Jubilee Smart Save Plan- Olina Plan B? offers unmatched flexibility and higher returns on investment for customers. We had the opportunity to speak with the company's CEO, Kumar Sumit Gaurav, who shared insights about the plan and their aspirations for its impact.

Q. The financial sector in the country is flooded with many innovative products, more so in insurance. What can you tell us about Smart Save and how different it is from others? A. Jubilee Smart Save Plan- Olina Plan B? stands out from other offerings by combining both risk and investment elements. It not only provides comprehensive insurance coverage to protect against unforeseen risks but also offers robust investment opportunities, allowing policyholders to grow their savings over time. Another key feature is that if the policyholder passes away, the beneficiary will receive 10-15% of the funds annually until the policy…