This document provides information about Telemno Life Agency's (TLA) Family Endowment Fund product and how it can help secure families' financial futures. The key points are: 1) TLA works with Insurance Company of East Africa to offer Family Endowment Funds, which combine savings and life insurance protection. Funds range from 5-200 million UGX depending on savings ability. 2) The 3-jar money management system encourages allocating income to spending, saving, and investing jars. An endowment fund guarantees funds for dependents if the primary earner passes away prematurely. 3) Setting up an endowment fund through TLA provides direct and indirect commissions through their network marketing

1. Building the best social business networks
for education and wealth share to reduce
poverty world wide!1
TELEMNO LIFE AGENCY
2015

2. Contact Information
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Telemno Life Agency,
Kagoma Area, Bombo Rd,
P.o.Box 2856, Kampala, Uganda
Contact Kidaali Paul
(The Operations Manager) TLA.
Call: +256 754 081 003
Email: kidaali@aim.com

3. 3
To build the best social-business networks for education
and wealth share to reduce poverty world wide!
Our Mission
Our Vision
To empower the average person to achieve financial
independence and to live a very abundant life.

4. NO.1. FAMILY ENDOWMENT FUND (FEF)
4 FEF
OUR PRODUCTS

5. I wish we were all taught how to manage our own personal finances when we
were still kids in order to take control of our personal financial future !
Unfortunately, the reality is that most people weren’t taught how to effectively
manage personal finances. Most people have no idea on how to effectively
manage personal cash flow in order to achieve financial independence. Most
people have never heard of financial independence otherwise they would opt
working to achieve it.
HOW DO WE MANAGE PERSONAL
FINANCES?
Let’s take a brief look at one of the most effective personal money
management systems that when adopted, can take you and your family to
financial independence.
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6. THE 3-JAR SYSTEM FOR PERSONAL MONEY MANAGEMENT
Created by American former stockbroker Michael J. Searls, the 3-jar money
management system implies managing every dime that enters your pocket
according to three jars. As a working adult , when you earn income, you should
allocate significant percentages of your income into each one of all the 3-jars.
SAVE INVEST
Jar 1
Jar 2 Jar 3
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7. JAR 1. SPEND & GIVE
The money that goes into this jar is for immediate spending , money for
major personal/ family expenses including the following;
 Tithing, offering and giving
 Rent,
 Food,
 Laundry expenses
 Airtime,
 Clothing,
 Medical care,
 School fees,
 Transport fares,
 Electricity/water bills, etc.
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8. 2. SAVE
The money that goes into this jar is money saved for bigger personal
and family needs & dreams which can’t be met immediately on your
current incomes. such as
 Buying or building a home,
 Deposits on future mortgages
 Children’s college education fund,
 Land purchase,
 Retirement planning,
 Money for a holiday abroad,
 Divorce recovery fund,
 Expanding your family house,
 Raising a marriage fund for your son or daughter,
 Capital to start a Family business or Children venture capital, etc.
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9. 3. INVEST
This is seed money for sowing (investing) into tangible assets that bring in more
money to make one achieve financial independence such as
 Real estate,
 Agriculture
 Tree planting
 Shares/stocks/bonds/
 Starting businesses etc
In personal financial management, an asset is something thing that puts money into
your pocket and in turn increases your income.
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10. 10
IS YOUR FAMILY FINANCIALLY SECURE?
The rising Inflation and our incomes that do not match the inflation is a big financial challenge.
Our incomes are not enough to cover the trend of our spending desires.
It is quite often very difficult for most workers to adopt family saving schemes and
commit to them. Most people are living in the financial circle of the rat race. The few who
save, prefer saving their money in the bank where they’re given an ATM and can withdraw the
money any time they wanted.
This may be harder for the saver to meet the need/want under their saving goal. In such
circumstances, forced savings would be inevitable in order to create a brighter future
for the family.
That’s why it’s important for you to set up a Family Endowment Fund now for a secure future,
through our unique endowment with bonuses policy.
Life is full of uncertainty and a misfortune can strike anytime. If it does, what would happen to
your family?
Incase you have no Endowment fund in place, your family may be exposed to hardships, and
your property may be put at risk, your family aspirations and dreams will go unmet.

11. Protects
INVESTMENTSe.g Family
Business, Rental houses
in case of Debts,
Mortgages, etc
Offers back up funds to
finance FAMILY NEEDS &
DREAMS such as
Children’s education,
buying/building family
house etc
Can finance
FAMILY UP
KEEP costs
such as
food, rent,
medical care
,etc
A family Endowment Fund
Guarantees provision of any or all
family financial needs and dreams
in case the bread winner passes
away
INVEST
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12. Saving in a bank savings account vs. saving in a FAMILY ENDOWMENT FUND
Example: Supposing Jane, a secretary opens up a savings account into a bank to save money for
the various reasons as we’ve already seen. According to her income level, she decides to save
100,000/= every month. She saves for 3 months (Total deposit 300,000). Peter a teacher by
profession also decides to set up a savings plan but instead saves 100,000/= every month in a
Family Endowment Fund with ICEA. He also saves for 3 months (Total savings 300,000).
Jane has an ATM and she can easily withdraw money at any time she wants meanwhile Peter’s
family endowment fund is a 10 year long term savings plan and has got life cover with a Sum
Assured of around 10.15million payable at any time incase a misfortune strikes the bread winner.
After 3-months of savings, incase a misfortune of pre-mature death happens to both people,
Jane’s dependants will be allowed to withdraw only 250,000/= from the bank but Peter’s
dependants will instead get an estimated 10,158,000/= sum assured attached to the Endowment
from ICEA. This money takes about 2 weeks to process.
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THE DIFFERENCE!
Endowments guarantee that either You or your beneficiaries will
receive a sum of money not just if you live until the policy matures
but even if something happens to you that would cause your earlier
death shortly after signing up for the Endowment Fund.
For example: Someone sets up an Endowment Fund in which they’re required to save
UGX 100,000 per month for a 10 year period. The person saves for only one month
(100,000/= 0nly) and earlier death overtakes him or her. This means his or her family
dependants will be compensated a sum assured of 10,158,000/= within two weeks of
reporting the incidence to the Endowment offering company which is ICEA.
What makes endowments
different from other Insurance
types?

14.  TLA works with ICEA to deliver the service
 The Endowment Fund combine savings and protection and the contributory premiums are
paid monthly, quarterly & annually.
 Endowment Funds range from an estimated 5.079 million to 203million and above depending
on someone’s financial ability,
 You can name the figure for your desired amount to be in your Family Endowment Fund and we
can determine your monthly premium.
 Monthly savings range from 50,000 shillings to 2 million plus.
 TLA offers the Family Endowment Fund through network marketing and offers Direct
Commission and Binary Indirect Commissions (Residual Income) of 30% and 2 percent of the
associates’ Monthly Premium respectivelt for up to binary level 15 unlike if you set up the fund
through ordinary agents.
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15.  TLA delivers Endowment Fund set up and planning services to families, businesses,
and individuals.
The Endowment policy is the appropriate choice for those who want their families to
remain financially independent incase the bread winner will pass on.
 An endowment Insurance fund is also a choice for business people desiring their
businesses to run with operational capital even if the key person dies.
 It should be considered by every family because the endowment provides the
safety that there will be the possibility to pay for the family life’s necessities after
the person insured will no longer be available to provide the care.
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OUR PARTNER
BACK GROUND OF INSURANCE COMPANY OF EAST AFRICA (ICEA GROUP)
THE COMPANY
Insurance Company of East Africa (ICEA) was established on 10th November 1964 through a
merger of three companies, Eagle Star Insurance Company of UK, Welfare Insurance Company
of UK and New Zealand Insurance Company.
The shareholding of the three fore mentioned companies was later sold off to First Chartered
Securities (FCS) Group, which is the current holding company.
FCS is an investment and trading group controlling major business enterprises in such diverse
sectors of the East African economies such as finance, insurance, food processing,
manufacturing, shipping services and agriculture.

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 ICEA GROUP ,UGANDA is a subsidiary company of Insurance Company of East Africa
(ICEA) Kenya limited.
 Currently, our life fund is in excess of US$100 million (UShs.176 billion), and we are
one of the highly capitalized insurance companies in Uganda.
 Our combined asset base is in excess of US$130 million (Ushs.229billion). Today,
ICEA writes an annual gross premium approximately US$25million (Ushs.44 billion).
Funds under our management (pensions) are slightly over US$80 million (Ushs.141
billion).
This makes us East Africa’s most highly capitalized composite insurance company.
ICEA GROUP
THE COMPANY

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In June 20I0, the Global Credit Rating organization, (GCR), awarded ICEA an “AA-” rating.
This is probably the highest rating any East African Insurance Company has been awarded
from an accredited rating agency.
Insurance is all about paying Claims and that is what we at ICEA are proud to say is our
absolute focus. Says ICEA GROUP.
ICEA GROUP
THE COMPANY
ICEA_UGANDA is a subsidiary of ICEA and was incorporated in Uganda on 5th August
1999 and licensed to provide short term (General) insurance. And later on it was licensed
again to provide long-term (life & Pensions) insurance business on 10th May 2000.

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Re- Insurance Partnerships
Our re-insurance treaties are arranged with some of the most reputable re-insurers in the world
thus enabling us to provide exceptional financial security to our policyholders.
Re- Insurers:
 Munich re-insurance (Germany)
 Swiss re-insurance (Switzerland)
 ZEP re-insurance Company (Kenya)
 African re-insurance Company
 East African re-insurance Company
 Kenya re-insurance Company
We use AON and Re and Benfield, both of South Africa, as our Reinsurance Brokers and have
representatives on the London Insurance market.
No other Uganda Insurer can offer this level of security.
ICEA GROUP
THE COMPANY

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BANKERS
 Standard Chartered Bank
 Barclays Bank
AUDITORS
Ernst & Young
LAWYERS
Shonubi Musoke Company, Advocates
ACTUARIES
Alexander Forbes Financial Services (EA)
ICEA GROUP
THE COMPANY

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THE COMPANY OFFICES
Locations;
 Rwenzori Courts; 2nd Floor (Head office) – 0414 232337 / 0414 250719
 Rwenzori Courts; 1st Floor (Agency Office) – 0312 517696
 Prime Plaza; 3rd Floor (Agency Office) – 0414 598959
 UETCL annex on Hannington Road opp. Serena Staff gate; 1st Floor (Agency
Office) – 0414 236927
 Standard Chartered Building – Mbarara Agency Office – 0486 660485

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THE COMPANY STAFF
ICEA GROUP
THE PEOPLE
It is because of the group’s commitment to excellence that ICEA employs the most
competent people in every area of their operations. As a result we have a team with solid
business exposure to give our clients a high professional service.
OUR BOARD OF DIRECTORS COMPRISES MESSRS
 JAMES NDEGWA (KENYAN)
 D.G. OPIO OKELLO (UGANDAN)
 DGM HUTCHISON (BRITISH).
 GODFREY MULWANA (UGANDAN)
 JOHN KARIONJI (KENYAN) CEO & DIRECTOR

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ICEA GROUP
SOME OF THE SATISFIED CLIENTS
 Barclays Bank
 Equity Bank
 Bank of Africa
 East African Breweries Ltd
 Insurance Regulatory Authority
 Uganda Investment Authority
 East African Development Bank
 Stanbic Bank
 Standard Chartered Bank
 Inter University Council of East Africa
 Chartis Uganda
 Toyota Uganda
 Uganda Telecom
 NSSF
 New Vision Printing & Publishing Co
 British High Commission
 Royal Danish Embassy
 Kasese Cobalt
 AON Insurance Brokers
 Crown Beverages
 Uganda Broadcasting Corporation
 MTN Uganda
 SBI Holdings
 China Road & Bridge Construction
 Pearl Civil Construction & Engineering
 AMREF
 Airtel Uganda
 Heritage Oil
And thousands of more Enterprises and
Individuals are serviced by ICEA GROUP!!

24.  The Guaranteed finances to cater for your family’s expenses for let’s say a period of 3
years incase you pass on prematurely as the family sorts themselves out to take up the
expenses.
 The opportunity to create a good capital account out of the little savings deposited on
your fund
 The TLA network marketing business’ Direct and Indirect Commissions
 The opportunity to leverage Other Peoples Money and Other People’s Time to pay for
your own family endowment fund and to build wealth that will make your family
financially independent in the process! And many other benefits as we’ve already seen!
The time is now , make a decision to set up an Endowment Fund to secure your family’s
financial future!
WELCOME INTO THE TLA FAMILY!
THANKS!
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IMAGINE THE FINANCIAL BENEFITS THAT WOULD COME WITH SETTING UP AN
ENDOWMENT FUND