Think of this as your personal salary in retirement. With the ICEA LION Life Annuity Plan, you give us a one-time amount; usually from your savings, retirement fund, or business proceeds, and in return, we provide you with regular income for life. The Annuity plan has guarantee periods of 10, 15 or 20 years during which the payments will be made to your beneficiaries in case of death.

It’s a smart way to make sure the lifestyle you worked hard for doesn’t pause just because your monthly salary does.

Retirement isn’t the end. It’s your chance to live more freely, without financial stress. The Annuity Plan helps you:

Coverage starts when your goods begin transit and ends when they arrive safely.
We also cover inland transport linked to your air or ocean freight.
Available for one-time shipments or long-term contracts—we’ll tailor it to your needs.

You’ve already done the hard part, now let your money keep working for you.

Choose when you get paid

You decide how often you want to receive your income. Monthly, quarterly, twice a year, triennially, or once a year in advance, choose whatever fits your lifestyle best.

Income that grows with you

You can choose to have your payments stay the same, or grow by a set percentage each year (3% or 5%) to help you keep up with the cost of living.

Competitive income rates

Your money is invested by our expert team in a mix of assets designed to give strong, stable returns. These returns allow us to offer you one of the most competitive retirement incomes in the market.

A little extra support when you need it most

We include a one-time funeral benefit of UGX 3 million to ease financial stress on your loved ones in the event of your passing. It’s our way of helping you care for them, even when you’re no longer here.