Secure Your Retirement Future
Join thousands of members who trust Jubilee Life Insurance Pensions for their retirement planning. Build your personal pension or manage your scheme contributions with ease.
Why Choose Jubilee Pensions?
Everything you need to plan and manage your retirement
Secure & Regulated
Your pension is protected by robust security measures and regulatory compliance.
Growth Focused
Watch your retirement savings grow with our competitive investment options.
Easy Management
Manage your pension online 24/7 with our user-friendly portal.
Our Pension Products
Choose the perfect pension solution tailored to your retirement goals and financial situation
Income Draw Down (IDD)
Flexible retirement income solution
Provides flexible retirement income while keeping your pension fund invested. Perfect for those who want control over their retirement withdrawals.
- Flexible withdrawal amounts
- Continued investment growth potential
- Inheritance planning options
Personal Pension Plan
Individual retirement savings plan
Build your retirement savings with our flexible personal pension plan. Ideal for self-employed individuals and those seeking additional retirement income.
- Flexible contribution schedules
- Multiple investment options
- Portability across employers
Group Personal Pension
Employer-sponsored group solution
Cost-effective pension solution for employers looking to provide retirement benefits to their employees. Combines individual accounts with group efficiencies.
- Lower management costs
- Individual member accounts
- Employer contribution matching
- Employee retention benefits
Umbrella Scheme
Multi-employer pension solution
Comprehensive pension solution allowing multiple employers to participate under one umbrella. Perfect for small to medium enterprises seeking cost-effective pension provision.
- Shared administrative costs
- Professional fund management
- Regulatory compliance included
- Economies of scale benefits
Not sure which product is right for you?
Our pension specialists are here to help you choose the perfect retirement solution for your needs. Get expert guidance today!
Frequently Asked Questions
Everything you need to know about our Jubilee Insurance Pension
Corporate scheme management
The corporate scheme management feature allows employers and employees to manage their pension contributions and benefits efficiently.
Personal Pension Plan
Users can set up voluntary personal pension plans to save for their retirement.
It is a specifically designed savings plan for an individual to make contributions for retirement. The plan enables you to build a retirement fund by making periodic contributions into an interest-bearing fund.
Policy Features
- • Minimum Entry age above 20
- • Recommended minimum monthly contribution – UGX 100,000
- • Minimum saving period - one year
- • Withdrawal from fund is one year after receipt of policy document
Policy Benefits
- • On withdrawal you will receive full benefit after a year of saving in the pension fund
- • In case of death the member will receive full payment of their benefit
Policy Start Date
The policy start date shall be the date when you pay your first premium after completing the application form.
Policy Issuance and Acknowledgement
You shall receive a call from Jubilee upon policy issuance and delivery will be made via your agent or Bank. Please ensure that you are available to receive your policy as soon as you receive the communication. Also ensure that you sign the policy acknowledgement form upon receipt of the policy document.
Contribution Payment
Contributions should be paid to our bank account, through our online platform or mobile money. Cash payment should only be made in person at our cash office.
For those that wish to save monthly ensure that you sign a Standing order form to collect your monthly contribution. Please note the Bank reserves the right to charge a fee for the standing order or a penalty if your account is not funded.
Withdrawal
The Withdrawal benefit is the total amount payable at the end of the policy year (12 months) term or saving period. Upon full withdrawal, you shall be required to submit the original policy document, National ID (or Passport for foreigners).
Death Claims
In case of death during the time of saving, the beneficiary/guardian shall notify us and we shall require the original policy document, National ID (or Passport for foreigners), Death certificate and a completed claim form.
Dispute Resolution
Any dispute/complaint between the parties to the pension contract may first be resolved amicably between the parties without the intervention of a third party and/or the dispute/complaint shall be escalated to the Insurance Regulatory Authority of Uganda or Ombudsman in accordance with the Insurance Act and Regulations before resorting to other mediation, arbitration, litigation or any other form of dispute resolution.
How to Complain
If you are dissatisfied with our services, we welcome you to communicate this to us via e-mail or calling customer care on 0800211711. We will acknowledge receipt of your complaint, investigation and give you an answer within 48 hours.
Plan Your Retirement
Use our pension calculator to estimate your retirement benefits and plan your contributions